Vicksburg in Warren County, Mississippi — The American South (East South Central)
Banks and Bottles
—Vicksburg Heritage Walking Trail —
The need for banks grew as local merchants flourished and more people had paying jobs. In 1895 Vicksburg had five banks. By 1906, because of the economic boom, there were thirteen local banks. Two historically significant banks were located, in the buildings across Washington Street.
Freedman's Bureau and Banks
To help the formerly enslaved who lacked financial training and formal education, Congress created the Freedmen's Bureau in 1865. The African-American statesman, Frederick Douglass said the goal was "instilling into the minds of the former slaves lessons of sobriety, wisdom, and economy, and to show them how to rise in the world". In December of 1865, Vicksburg's branch of Freedman's Bank opened at 1100 Washington Street. Across the country the branches of Freedmen's Banks had attracted tens of thousands of depositors very quickly. Congress failed to establish oversight for the bank which ultimately led to the banks' failure in 1874. The banks' failure left 61,144 depositors loosing almost three million dollars.
Lincoln Savings Bank
In 1902, W.E. Mollison opened the first African-American owned bank in Mississippi, the Lincoln Savings Bank, at 1106 Washington Street. Mollison was an attorney and held offices on the
Post Card showing off the First National Bank built in 1907 and reported to be "the tallest and finest bank building in Mississippi"
Bottled To Go
Because of Joe Biedenharn's creativeness and entrepreneurship, Vicksburg became the first place to bottle Coca-Cola®. In 1894 based on his experience from bottling his own flavored soda water, Biedenharn started bottling Coke® at his customer's request. For the first time in history Coke®-was available on-the-go and without going to a soda fountain. To find out more about the history of Coke® and Vicksburg, visit the Biedenharn Coca-Cola® Museum on Washington Street.
Believe it or Not
For years the price of a Coke at soda fountains and in bottles never changed. A nickel would buy a Coke from 1894 to 1950!
Erected 2017 by the City of Vicksburg. (Marker Number 28.)
Marker series. This marker is included in the Mississippi, Vicksburg Heritage Walking Trail marker series.
Location. 32° 21.024′ N, 90° 52.922′ W. Marker is in Vicksburg, Mississippi, in Warren Touch for map. Marker is at or near this postal address: Washington Street, Vicksburg MS 39183, United States of America.
Other nearby markers. At least 8 other markers are within walking distance of this marker. The Red Tops (about 300 feet away, measured in a direct line); The Blue Room (about 300 feet away); The Vicksburg & Queen of the West (about 400 feet away); Mercantile Explosion (about 400 feet away); Missing Angels (about 500 feet away); Sky Parlor Hill (about 500 feet away); Firing on the A.O. Tyler (about 500 feet away); Catfish Row (about 500 feet away). Touch for a list and map of all markers in Vicksburg.
Categories. • African Americans • Industry & Commerce • Notable Buildings •
Credits. This page was last revised on March 31, 2018. This page originally submitted on March 25, 2018, by Mark Hilton of Montgomery, Alabama. This page has been viewed 63 times since then. Photos: 1, 2, 3. submitted on March 25, 2018, by Mark Hilton of Montgomery, Alabama.