EVENT INFORMATION

3
August
1835

Parliament debates and authorizes the slaveholder compensation loan

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๐Ÿ“… 3 August 1835 ๐Ÿ“ United Kingdom

On 3 August the Commons debated Treasury resolutions to raise and distribute the ยฃ20 million compensation authorized by the Abolition Act. Parliament structured public borrowing to reimburse slaveowners; the millions emerging from enslavement received no comparable payment. The official Hansard record makes visible whose property and losses the state treated as compensable.

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People in this event

British Treasury

House of Commons

Organizations in this Event

UK Parliament

Bank of England