George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Wednesday, June 16, 2021

Why no Critical Slave Theory about mass murdering UK? In 10,000 voyages to Africa, UK enslaved 3.4 million Africans over 245 years. Lloyd’s of London insured voyages-BBC…"Caribbean Islands became the hub of the British Empire"

UK dispatched about 10,000 voyages to Africa transporting 3.4 million or more enslaved Africans over 245 years.Between 1750 and 1780, about 70% of the [UK] government’s total income came from taxes on goods from its colonies.…"The Caribbean Islands became the hub of the British Empire.”

Britain and the Caribbean,bbc.co.uk

(p. 3) “Every slave was expected to work-even women, children and the elderly.

Life on the plantations was extremely hard with a third of newly imported slaves dying within three years. This created a constant demand for new slaves to replace them.”…

“The demand for slaves [in Jamaica] required about 10,000 to be imported annually...About 600,000 slaves disembarked in Jamaica between 1750 and 1808.”…

(p. 6) “West-Indian plantation owners…

The West India Interest was formed in the 1740s when British merchants joined with West Indian sugar planters. This was the first sugar trading organisation to have a significant voice in Parliament. For example, in 1789 an assembly of planters from Jamaica visited Parliament to lobby MPs in support of the slave trade.”…

(p. 2) “In 1700, Britain’s sugar consumption was 4 pounds (weight) per person, a century later that had risen to 18 pounds per person.

The increased availability and popularity of sugar was due to a gradual increase in the standard of living (whereas before only the very rich could afford such luxuries as sugar) and the discovery of more New World colonies which were ideally suited to the growing of luxury crops such as sugar….

The need for slaves

Sugar production was labour intensive. The increased demand led Europeans to forcibly transport Africans as slaves.

In 1746, economist Malachi Postlethwaite wrote, “If we have no Negroes, we can have no sugar, tobacco, rum etc. Consequently the public revenue, arising from the importation of plantation produce, will be wiped out. And hundreds of thousands of Britons making goods for the triangular trade will lose their jobs and go a begging”.

Many agreed with him, believing that the slave-based plantation system was vital to British wealth, industry and jobs…

(p. 7) Financial considerations

Slave labour…

The huge profits to be made by European merchants drove the continuation of the slave trade….Buying slaves was expensive, but the profits from their labour outweighed the costs. Approximately 70 per cent of slaves were brought to the New World to produce sugar, the most labour-intensive crop. The rest were employed in harvesting coffee, cotton and tobacco.

Sugar growing was labour-intensive, requiring many slaves to make it profitable.

The rich planters could also afford to work enslaved people to death and then buy more.

Profits from slave labour

By far the most financially profitable West Indian colonies in 1800 belonged to Britain. The handful of British individuals who became planters made small fortunes. This advantage was reinforced when France lost its most important colony, Saint Dominigue (now Haiti), to a slave revolt in 1791.After 1791, the British Caribbean islands produced the most sugar and the British people quickly became the largest consumers. West Indian sugar became commonplace as an additive to tea. The profits of slavery were ploughed back into the economy and helped to develop industry in Britain and its colonies….

Between 1630 and 1807, Britain’s slave merchants made a profit of about £12 million on the purchase and sale of African people. Slaves produced about 75 per cent of exports of raw goods from the new colonies.

Banks and insurance

Fitting out a slave ship for the triangular trade was an expensive and very time-consuming business. Ships could take over a year to return to Britain and make a profit. In order to afford such voyages, merchants needed money to cover their initial costs. The Bank of England made capital available for slave voyages and the City of London became the financial centre of the slave trade.

Sailing across the Atlantic was dangerous however and combined with the harsh conditions on the slave ships, there was a high risk of human and non-human cargo being lost ‘en route’. Britain’s oldest insurance company, Lloyds of London, underwrote (insured) slave ships. Barclays Bank also began by investing in the slave trade.”…image above from BBC

…………………………………

Added: Map: UK slave voyages from Africa to Jamaica, 1655-1809.

Source: Slave Voyages Database-Trans-Atlantic Slave Trade-Estimates, via JamaicaGreatHouses.com

 

 

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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.