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The Compensation Scandal: Why Slave Owners Were Paid—Not the Enslaved

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3. Enormous Sums Paid Out

3. Enormous Sums Paid Out
Image Source: Wikimedia Commons.

The British Slave Compensation Act of 1837 saw the government distribute £20 million—an astronomical sum at the time, equivalent to roughly £16 billion today—to former slave owners. This payout, funded by taxpayers, represented nearly 40% of the national budget. Not a single penny was given to the newly freed. [via BBC]

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