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Thread: British slavery abolishment compensation

  1. #1

    British slavery abolishment compensation

    For some time I've been thinking that the abolishment of slavery was nothing more than a publicity stunt (and that slavery effectively has continued to this very day). The following suggests that abolishing slavery was a trick to send taxpayer's money to the slave drivers.


    In 1833, the British government passed the Slavery Abolition Act, which abolished slavery in most parts of the British empire and (in one of those great examples of protecting "free trade") required compensating the slave drivers for losing their slaves.
    You might expect that this so-called “slave compensation” would go to the freed slaves but the money went exclusively to those "poor" owners of slaves. The British state has never paid any money, nor apologised, to the slaves or their descendants. Britain commanded the largest slave plantation economies on earth, with more than 800,000 people enslaved.


    So on 3 August 1835, Nathan Mayer Rothschild and his brother-in-law Moses Montefiore agreed to loan the British government £15 million, with the government adding an additional £5 million later, to finance the compensation payments for the slave drivers.
    This was one of the largest loans in history, with the total sum equivalent to 40% of the government’s yearly budget and correcting for inflation amounts to some £300 billion today (in 2018 that is).


    In reality slavery was not abolished in all parts of the British empire in 1833 but continued in Ceylon (now Sri Lanka) and British India, amongst others.
    Besides that until 1838 the enslaved had to continue to work in unfreedom without pay, now called “apprenticeship” (instead of "slavery"). And after that they could work "in freedom" to pay for food and shelter (on the same plantations).


    You can be forgiven for thinking that this is ancient history, but the 1835 £20 million sum was so large that the British taxpayer continued to pay off this huge compensation for 180 years until 2015!
    So thanks to Britain, once again, the rich got even richer...


    Other slave-owning states, including France, Denmark, the Netherlands and Brazil, would follow the British example of funnelling taxpayer's money to the slave owners under the guise of "abolishing" slavery: https://www.theguardian.com/news/201...ainst-humanity
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  3. #2
    So... let's not use anachronistic morality here.

    Let's say the government made owning horses illegal - would ranchers not expect compensation for their loss?

    It's hard to view this from our point of view, perhaps, but even though this was incredibly expensive, it could be argued that it was a worthwhile investment. Had this not been done, the human slavery that had existed as an industry since the dawn of time may never have ended.

    That being said, many of these slave owners got compensated more than the value of their loss. Once again proving that anything government does, they screw up.
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  4. #3
    If only the US decided to end slavery the way the British did. I wonder how much that would have compared to fighting a 4 year civil war?
    "Perhaps one of the most important accomplishments of my administration is minding my own business."

    Calvin Coolidge

  5. #4
    Quote Originally Posted by CaptUSA View Post
    So... let's not use anachronistic morality here.

    Let's say the government made owning horses illegal - would ranchers not expect compensation for their loss?
    Please don't make flawed comparisons.
    You could make other stupid comparisons, like the private companies that benefited from slave labour in the Nazi concentration camps were never compensated after the Allied forces "liberated" Europe. But instead the Jews received compensation...


    Quote Originally Posted by CaptUSA View Post
    It's hard to view this from our point of view, perhaps, but even though this was incredibly expensive, it could be argued that it was a worthwhile investment. Had this not been done, the human slavery that had existed as an industry since the dawn of time may never have ended.

    That being said, many of these slave owners got compensated more than the value of their loss. Once again proving that anything government does, they screw up.
    Slavery wasn't really abolished but has continued till this very day. Of course the "slavery" changed a little. The slave drivers got other responsibilities, paying wages, instead of providing food and shelter for their workers/slaves, while they lost some executive punishment for incentive.

    My interpretation is that it was a gigantic fraud to give more taxpayer's money to the wealthy elite, who have used it to keep us enslaved...
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  6. #5
    Quote Originally Posted by Firestarter View Post
    You can be forgiven for thinking that this is ancient history, but the 1835 £20 million sum was so large that the British taxpayer continued to pay off this huge compensation for 180 years until 2015!
    Not true!
    In 1844 and 1888, British government debt was refinanced, so the 1835 loan no longer existed in its original form after 1888. This means that the "Slavery Loan" was either: paid off in 1844, 1888 or won’t ever be paid off...


    According to the conditions of the original 1835 loan, the government, in return for the £15 million, would pay £551,875 per year for 25 years, and after that £450,000 per year forever (still paying?) to the lenders.


    In 2015, the British government once again borrowed money (over £2 trillion) to refinance its debt, with the intention to never repay it. So if this debt still existed in 2015, the British taxpayer will continue to "repay" the loan to the slave owners forever: https://archive.is/ZFXUQ
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  7. #6
    The following is an overview of some of the slave drivers that got huge slavery abolishment payments from the British government, whose legacy lives on through their descendants. Many members of these families were later installed as Knight in the Order of the Garter (KG).
    About one-fifth of wealthy Victorian Britons derived (part of) their fortunes from the slave economy.

    One of Britain's earliest bankster families, the Barings, got slave compensation (Alexander Baring KG in 1969, followed by 3 other Barings).
    Also the second Earl of Harewood, Henry Lascelles, an ancestor of Queen Eliabeth II's cousin and KG since 1922, received £26,309 pounds for 2,554 slaves.

    John Gladstone received a whopping £106,769 (equivalent to £83 million in 2013).
    John was the father of 19th-century prime minister William Gladstone, who was directly involved in his father's claim. His great-grandson, also William Gladstone, became a KG in 1999.

    The ancestors of former minister Douglas Hogg, whose son Quintin Hogg became a KG in 1988, got huge compensation payments.
    The Hogg dynasty are descendants of Charles McGarel, who made a fortune from slave ownership. From 1835 to 1837, he received an astounding £129,464 for his 2,489 slaves (comparable to £101 million in 2013 money).

    Also ancestors of ... received slave compensation payments.
    Former PM David Cameron (high nobility Bullingdon boy, who is a favourite to become KG),
    Famous authors Graham Greene and George Orwell: https://www.independent.co.uk/news/u...n-8508358.html



    For more on the Most Noble Order of the Garter: Dragon-court#post6709877
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  8. #7
    Slavery could never be abolished. It just adapts through time, hiding behind other names and conditions.

  9. #8
    Most people these days know how bad slavery really was in the (not so good) old days, while continuing to be an obedient slave for their masters...
    It's interesting that many of the families that were wealthy centuries ago, still rule the world. This includes the descendants of slaveowners, like for example President of the European Commission Ursula von der Leyen.


    Her ancestors were among the wealthiest in British North America in the 18th century. Her grandparents were the cotton merchant Carl Albrecht (1875–1952) and Mary Ladson Robertson (1883–1960), who belonged to a plantation owning family of the southern aristocracy from Charleston. Mary descended from lieutenant governor of South Carolina James Ladson, who owned over 200 slaves.
    James Ladson's great-grandfather Joseph Wragg was the largest slave trader in British North America at the time slavery in the US was abolished.


    In the late 1970s, Ursula von der Leyen studied at the Fabian London School of Economics where she used the name Rose Ladson, in honour of her slaveowning ancestors.
    She married into the elite Von der Leyen family.
    From 2016 to 2019, Ursula was on the Board of Trustees of the World Economic Forum (WEF).


    In July 2019, Von der Leyen was proposed and elected by the European Parliament as President of the European Commission, where she started on 1 December (a couple of months before the corona "pandemic" was started).
    The former European Parliament chairman Martin Schulz commented that Ursula was “the weakest minister in the [German] government” and that “such a performance suffices to become head of the [EU] commission”.


    As German Defence Minister Von der Leyen had earned the title “Miss Management”.
    Ursula promoted controversial decisions like arms exports to Saudi Arabia and Turkey and close cooperation with Saudi Arabia. The Saudis are of course waging a war in Yemen that has been described as the worst example of genocide since the 1970s (with the support of Ursula).


    In the autumn of 2018, a report by Germany’s Federal Audit Office cited dozens of violations in hiring outside advisers for hundreds of millions of euros (you could call that corruption or maybe a recommendation for the EU).



    Some "conspiracy theorists" argue that the WEF's Great Reset is a ploy to enslave the masses by the same European and North American elite that became rich from the exploitation of slaves in the (not so good) old days: http://techrights.org/2019/12/21/alb...von-der-leyen/
    (https://archive.is/fbNk0)
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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