The 1851 colonial-bank law is promulgated in French Guiana. Although proponents described colonial banks as a possible source of loans for new freedpeople to acquire land, the banking framework also supported plantation credit and agricultural production. A law’s stated potential should not be mistaken for evidence that formerly enslaved families actually received land or loans.
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What happened on 12 November 1851 in French Guiana?
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The 11 July national law was promulgated in Guiana on 12 November 1851.