FACT: THERE WAS MORE THAN ONE 'BLACK WALL STREET’: TULSA, OKLAHOMA; THE HAYTI COMMUNITY, DURHAM, NORTH CAROLINA; JACKSON WARD, RICHMOND, VIRGINIA; THE FOURTH AVENUE DISTRICT, BIRMINGHAM, ALABAMA AND BOLEY, OKLAHOMA ARE A FEW.

 

FACT: BETWEEN THE CIVIL WAR AND THE END OF RECONSTRUCTION, THERE WERE MANY BLACK COMMUNITIES IN THE U.S. THAT PRACTICED 'PHD' AND THRIVED ECONOMICALLY BASED SOLELY ON THE BLACK DOLLAR. THEY PURCHASED BLACK, HIRED BLACK AND DEPOSITED BLACK!

 

FACT: BOLEY, OKLAHOMA, INCORPORATED IN 1905 SUPPORTED A NEWSPAPER, TWO COLLEGES, ITS OWN WATER SYSTEM AND A BLACK-OWNED ELECTRICAL PLANT IN THE EARLY 1900s.

REMEMBER AND NEVER FORGET

 
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A TRADITION OF ECONOMIC SUCCESS 
BETWEEN THE CIVIL WAR AND THE END

OF RECONSTRUCTION, THERE WERE

MANY BLACK COMMUNITIES THAT

THRIVED ECONOMICALLY SOLELY

BASED ON THE BLACK DOLLAR.

Tulsa, Oklahoma; The Hayti Community, Durham, North Carolina; Jackson Ward, Richmond, Virginia; The Fourth Avenue District, Birmingham, Alabama and Boley, Oklahoma are a few.
 
In celebration of Juneteenth 2020 and in the spirit of Black Business Empowerment, BBEC remembers these Black communities and our ancestors whose blood continues to flow through our veins. Remember and never forget!
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GREENWOOD DISTRICT

TULSA, OKLAHOMA  

SMOKE BILLOWING OVER TULSA, OKLAHOMA DURING 1921 RACE RIOTS (IMAGE, LIBRARY OF CONGRESS)

In 1921, Tulsa, Oklahoma’s Greenwood District, known as Black Wall Street, was one of the most prosperous African-American communities in the United States. But on May 31 of that year, the Tulsa Tribune reported that a Black man, Dick Rowland, attempted to rape a white woman, Sarah Page. Whites in the area refused to wait for the investigative process to play out, sparking two days of unprecedented racial violence. Thirty-five city blocks went up in flames, 300 people died, and 800 were injured. Defense of white female virtue was the expressed motivation for the collective racial violence.
 
Accounts vary on what happened between Page and Rowland in the elevator of the Drexel Building. Yet as a result of the Tulsa Tribune’s racially inflammatory report, Black and white armed mobs arrived at the courthouse. Scuffles broke out, and shots were fired. Since the Blacks were outnumbered, they headed back to Greenwood. But the enraged whites were not far behind, looting and burning businesses and homes along the way. On June 1, 1921, white rioters looted and burned the all-Black Greenwood neighborhood of Tulsa, Oklahoma.

Nine thousand people became homeless, Josie Pickens writes in Ebony. This “modern, majestic, sophisticated, and unapologetically Black” community boasted of “banks, hotels, cafés, clothiers, movie theaters, and contemporary homes.” Not to mention luxuries, such as “indoor plumbing and a remarkable school system that superiorly educated Black children.”  The state of Oklahoma had only two airports, yet six Black families owned their own planes. 

Undoubtedly, less fortunate white neighbors resented their upper-class lifestyle. As a result of a jealous desire “to put progressive, high-achieving African-Americans in their place,” a wave of domestic white terrorism caused Black dispossession.
 
While white citizens used dynamite and planes to bomb the city, leaving more than 8,000 people homeless, eyewitness accounts charge that the vast majority of the people killed died because the city’s law enforcement officers deputized every able-bodied white man and handed out weapons from the city’s armory.
 
There is no official death toll, but most historians agree that the count was around 250, because many African Americans were buried in mass graves, while others fled the city. No one was ever convicted of a single crime. Tulsa’s Black Wall Street is often pointed to as the singular example of Black economic empowerment and how Black communities can create their own opportunity and wealth. But it is important to know that Tulsa’s Greenwood neighborhood is not the only historical example of the power and importance of Black economic self-determination; it might not even be the most significant.

 

SOURCES: EBONY MAGAZINE AND ROOT.COM 

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DURHAM, NORTH CAROLINA   

THE HAYTI COMMUNITY

THE HAYTI COMMUNITY, DURHAM, N.C. DURHAM’S BLACK WALL STREET (IMAGE, FORWARD CITIES.ORG)

SOURCE: ROOT.COM 

The Hayti Community, Durham, N.C. Durham’s Black Wall Street was a bustling, thriving successful business district from the late 1800s to the immediate aftermath of WWII.  Shortly after the end of the Civil War, freedmen coming to Durham, N.C., to work in the tobacco warehouses began living on the southern edge of the city.  James E. Shepard, Aaron McDuffie Moore, John Merrick and Charles Clinton Spaulding, some of the founding fathers of the growing neighborhood, named the area after Haiti—the first free, independent Black republic in the Western Hemisphere.

By the early 1900s, Hayti was the first Black community to become fully self-sufficient. It built Lincoln Hospital, staffed by Black doctors and nurses, as well as a theater, a library, hotels and over 200 businesses. North Carolina Central University was founded in Hayti in 1910 and became the first liberal arts HBCU to be state-funded in 1925. 

 

Shepard, Moore and Merrick went on to found the North Carolina Mutual Life Insurance Co., which became the richest Black-owned company during that time and still has assets of over $200 million. The men also started a land-development company that built many of the homes and businesses in the area.

 

W.E.B. Du Bois once said of The Hayti Community, “Today, there is a singular group in Durham where a Black man may get up in the morning from a mattress made by a Black man, in a house which a Black man built out of lumber which Black men cut and planed; he may put on a suit which he bought at a colored haberdashery and socks knit at a colored mill; he may cook victuals from a colored grocery on a stove which Black men fashioned; he may earn his living working for colored men, be sick in a colored hospital and buried from a colored church; and the Negro insurance society will pay his widow enough to keep his children in school. This is surely progress.”

Because Blacks were still excluded from North Carolina’s political system, the community began to decline when the process of urban renewal divided the community with a freeway. The community was eventually encompassed by Durham. St. Joseph’s African Methodist Episcopal Church, one of the country’s oldest AME churches (founded in 1891), still stands as the Hayti Cultural Center.

 
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RICHMOND, VIRGINIA   

JACKSON, WARD   

SOURCE: ROOT.COM 

JACKSON WARD, RICHMOND, VIRGINIA. (IMAGE, FROM HISTORIC-JACKSON-WARD-REDEVELOPING-AND-REVIVING-BLACK-WALL-STREET)

Richmond, Virginia’s Jackson Ward neighborhood is the second most well-known Black Wall Street community. Jackson Ward centered on Black commerce and an enticing entertainment scene. Before Black people moved to Oklahoma en masse, newly freed slaves began occupying the area on the northern edge of Richmond’s downtown district.  Soon, so many businesses emerged in the predominantly Black community that it was called the “birthplace of Black capitalism.”

 

A century ago, the neighborhood was the center of a thriving Black community abuzz with energy and residents and home to more than 100 Black-owned theaters, insurance companies, churches, hospitals, shops and other establishments. Located less than one mile from Virginia’s state Capitol, Jackson Ward was a center of Black commerce, entertainment and religion. After the Civil War, previously free Blacks joined freed slaves and their descendants in creating a thriving Black business community that became known as the “Black Wall Street of America” and the “Harlem of the South.” “There is a side of Richmond known as the cradle of Black capitalism, despite the fact that just a few decades earlier, during the Civil War, the city had served as the capital of the Confederacy.” 

Jackson Ward was central to the Civil Rights movement in Richmond. Among its Black leaders were John Mitchell, Jr., editor of the Black newspaper – The Richmond Planet; and Maggie L. Walker, the first woman to charter and serve as president of a bank in the U.S. - the St. Luke Penny Savings Bank.

Much like Hayti, Jackson Ward’s decline began with the all-white City Council’s plan for building and revitalizing the city, targeting Jackson Ward. A plan to build federal housing further decimated the area after only 25 of the neighborhood’s displaced families were allowed to live in the 297 units that replaced the 200 homes were torn down. The all-white Virginia State Assembly completed the dismantling of the historic area when it voted to run a section of Interstate 95 through the neighborhood in the 1950s.  Jackson Ward was split in two—much to the detriment of the neighborhood.  After desegregation, as Black Virginians became integrated into Richmond’s other business and residential areas, Jackson Ward’s role as a center of Black commerce and entertainment declined.

 
 
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BIRMINGHAM, ALABAMA

FOURTH AVENUE DISTRICT  

SOURCE: ROOT.COM 

THE FOURTH AVENUE DISTRICT: BIRMINGHAM, ALABAMA (IMAGE, BIRMINGHAM PUBLIC LIBRARY)

During the heart of the Jim Crow era, the population of Birmingham, Ala., was much different from the city’s current demographics. But in 1950, most of the city’s 37 percent Black population did their business in a downtown area of Fourth Avenue, known as the Black Business District.

The area, also known as “Little Harlem,” boasted retail shops, attorneys’ and doctors’ offices, a half-dozen hotels and much more. The buildings were designed by Black architects and built by Black construction companies, including the six-story structure built by the Black-owned Penny Savings Bank.

Because the city was racially segregated but home to a thriving iron-and-steel industry, Birmingham’s middle class sustained Black-owned banks and insurance companies. By the end of segregation, 60 percent of the city’s Black-owned businesses (pdf) were in the Black Business District.

The area was also home to Birmingham’s famous civil rights struggles. Birmingham’s 16th Street Baptist Church, notoriously bombed by Klansmen, rests in the center of the Black Business District.

Integration eventually dispersed Black businesses throughout the city.  Birmingham is 74 percent Black, and Black businesses abound everywhere. But the famous writer Octavious Cohen wrote: ”It’s the Harlem of the South, more famous than Beale Street, more swanky than Cotton Avenue and more vivid than Lenox Avenue. It’s that small zone that extends down Fourth Avenue and takes in Seventeenth Street.”
 

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BOLEY, OKLAHOMA  

1905-THE RICHEST BLACK TOWN IN AMERICA

SOURCE: ROOT.COM 

THE FOURTH AVENUE DISTRICT: BIRMINGHAM, ALABAMA (IMAGE, BIRMINGHAM PUBLIC LIBRARY)

Boley was founded in 1903 in the Creek Nation of Indian Territory, now known as Oklahoma. Called “the finest Black town in the world” by Booker T. Washington, the city boasted more than 4,000 residents at its height, and the Black Registry called it “the wealthiest Black town in the country,” according to the Washington Post.

The town, incorporated in 1905, supported a newspaper, two colleges, its own water system and a Black-owned electrical plant in the early 1900s. A few years later, Boley boasted five grocery stores, five hotels, seven restaurants, four cotton gins, three drugstores, a jewelry store, four department stores, two insurance companies, two photographers and an ice plant. Because it was the only Black-owned town in the area, Black people who could not shop, eat or stay in hotels elsewhere traveled for miles to bank and do business in Boley.

In 1932, despite being warned by notorious bank robber Charles “Pretty Boy Floyd” that the citizens of Boley, Okla., were all armed and knew how to shoot, two members of Floyd’s gang attempted to rob the town’s Black-owned bank. The criminals ignored their boss, went to the bank and warned everyone not to set off the alarm, and the customers dutifully complied. Then the citizens of Boley pulled out their guns and killed both robbers.

The population of Boley declined during the Great Depression and World War II, but the city still exists. Every year it hosts one of the largest and most popular Black rodeos. After visiting Boley, Booker T. Washington wrote, “Boley, like the other negro towns that have sprung up in other parts of the country, represents a dawning race consciousness, a wholesome desire to do something to make the race respected; something which shall demonstrate the right of the negro, not merely as an individual, but as a race, to have a worthy and permanent place in the civilization that the American people are creating. In short, Boley is another chapter in the long struggle of the Negro for moral, industrial, and political freedom.”

 
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“…it is obvious today that America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked “insufficient funds.” But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. As so we’ve come to cash this check, a check that will give us upon demand the riches of freedom and the security of justice.”
– Rev. Dr. Martin Luther King, Jr.

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