OldSoul : British Slaveholders Received the Equivalent of $200 Billion in Reparations

OldSoul

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August 1 passed quietly, but it shouldn't have because it is an important day in the history of the Trans-Atlantic slave trade and a strong reminder as to why large numbers of blacks never got a leg up on the economic ladder.
On August 1, 1834, England, the world's biggest slave trader, ended 250 years of a "national crime" against Africans, but slaveholders and slave traders were paid millions of British pounds in reparations for the loss of their property, as slaves were considered.
The British government paid the slaveholders and others who benefited from the Trans-Atlantic slave trade £20 million or about $200 billion in today's currency, according to the book "Britain's Black Debt: Reparations for Caribbean Slavery and Native Genocide," by Sir Hilary McD. Beckles, chair of social and economic history at the University of the West Indies in Cave Hill, Barbados. Formerly enslaved Africans received nothing.

Supporters and beneficiaries of the Trans-Atlantic slave trade included members of the royal family, most members of Parliament, and the Anglican Church, which owned slaves and plantations in the Caribbean.
Banks, including Barclays PLC, Lloyds Bank and Royal Bank of Scotland Group, also benefited financially from the enslavement of Africans. Slavery provided the funds for England to become the world's first industrial power.

From 1701 to 1800, England shipped 2,532,300 Africans to Caribbean colonies and North American colonies, according to "The Volume of the Atlantic Slave Trade: A Synthesis," Journal of African History 22, no. 4 (1982): 483. The Portuguese shipped 1,796,300 Africans, followed by the French who shipped 1,180,300.

http://www.thenorthstarnews.com/ful...ved-the-equivalent-of-200-billion-reparations
 
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Clyde C Coger Jr

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August 1 passed quietly, but it shouldn't have because it is an important day in the history of the Trans-Atlantic slave trade and a strong reminder as to why large numbers of blacks never got a leg up on the economic ladder.
On August 1, 1834, England, the world's biggest slave trader, ended 250 years of a "national crime" against Africans, but slaveholders and slave traders were paid millions of British pounds in reparations for the loss of their property, as slaves were considered.
The British government paid the slaveholders and others who benefited from the Trans-Atlantic slave trade £20 million or about $200 billion in today's currency, according to the book "Britain's Black Debt: Reparations for Caribbean Slavery and Native Genocide," by Sir Hilary McD. Beckles, chair of social and economic history at the University of the West Indies in Cave Hill, Barbados. Formerly enslaved Africans received nothing.

Supporters and beneficiaries of the Trans-Atlantic slave trade included members of the royal family, most members of Parliament, and the Anglican Church, which owned slaves and plantations in the Caribbean.
Banks, including Barclays PLC, Lloyds Bank and Royal Bank of Scotland Group, also benefited financially from the enslavement of Africans. Slavery provided the funds for England to become the world's first industrial power.

From 1701 to 1800, England shipped 2,532,300 million Africans to Caribbean colonies and North American colonies, according to "The Volume of the Atlantic Slave Trade: A Synthesis," Journal of African History 22, no. 4 (1982): 483. The Portuguese shipped 1,796,300 million Africans, followed by the French who shipped 1,180,300 million.

http://www.thenorthstarnews.com/ful...ved-the-equivalent-of-200-billion-reparations
 

Dreya

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"From 1701 to 1800, England shipped 2,532,300 million Africans to Caribbean colonies and North American colonies, according to "The Volume of the Atlantic Slave Trade: A Synthesis," Journal of African History 22, no. 4 (1982): 483. The Portuguese shipped 1,796,300 million Africans, followed by the French who shipped 1,180,300 million."

not to take nothin away from the story but those figures just cant be right - the total of those three figures is...

5,508,900 million ie 5,508,900,000,000 people - or put another ways around 5,500 billion people.... now that just cant be right - we would have outnumbered the white popluation of america more than 340,000 to one or 1500 of us per sq mi - today the pop desnity of the us is only 88.6 per sq mi + the worlds population was only 1 billion in 1804
 

Kadijah

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That kinda struck me wrong as well, but I think he was just making a point by adding the redundant "millions." Or not. For Old Soul to say.

btw, 5,508,900 million is 5 trillion, 508 billion, 900 million, so obviously the "millions" are redundant and put in merely for effect.
 

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