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Compensated Emancipation Was Never Tested in the Americas

pile of currency

Well, not in the United States. And not on continental North America.

In 1833, the British Parliament passed the Abolition of Slavery Act, abolishing slavery in British colonies, such as those on Caribbean islands.

It pleased no one except some hardcore abolitionists.

1. Slave owners complained that the compensation was so low that it was a bad joke. Compensation was especially inadequate to cover mortgaged estates and did not cover the costs of owners as employers of laborers during the adjustment period. This included continued costs for food, clothing, lodging, and medicine.
2. Slaves did not like that they were not immediately emancipated. Slaves more than six years of age were to work as apprentice laborers without pay as a transition to freedom in 1838. They remained tied to estates, although they could buy their freedom even over the opposition of their employer.
3. British subjects were furious that they were responsible for compensation costs of $20 million: 40% of the national budget! The debt would not be paid off until 2015!

No wonder U.S. Southerners were leery of compensated emancipation!
By the way, Britain also began factory inspections in 1833.

https://www.nationalarchives.gov.uk/