In my last article I posed the question of “How did the British free their slaves?”. They had none of the difficulties faced by the USA (a bloody civil war), Russia (a bloody revolution and a bloody civil war) or France (a bloody revolution in Haiti).
Unbelievably, a decision was taken that the government would use taxpayers’ money, taken from the ordinary man in the street, to buy the owners’ slaves from them. This was a very cunning plan on so many levels. The government remained popular with the rich people. The rich people who owned no slaves remained rich. The rich people who owned slaves also remained rich. Nobody lost any money whatsoever except the poor old taxpayer, who now had to wait a little longer for his free medical care, free education, sanitation, decent roads, law and order in the streets and so on.
And what about the slave owners?
Well, by this windfall, they became even more unbelievably rich. And then they went on to invest their cash in other ventures so they could make even more money.
They didn’t hate the politicians who had abolished slavery either, because the slave owners had suddenly been made so rich by their actions. You can probably guess who came out of it badly…
The population of black ex-slaves who now had nowhere to go. They couldn’t go down to the docks and catch a boat to West Africa. Instead they had to stay where they were and work for a pittance at their old job. This man’s family (218 slaves) made a good profit on the whole deal. They received £4,442 compensation, the equivalent of £3 million today. Don’t know who he is?:
And this man’s father received £106,769, the modern day equivalent of £80 million. Don’t know who he is?: