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The Economics of Emancipation: Jamaica and Barbados, 1823-1843

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The British Slavery Abolition Act of 1834 provided a grant of ú20 million to compensate the owners of West Indian slaves for the loss of their human 'property.' In this first comparative analysis of the impact of the award on the colonies, Mary Butler focuses on Jamaica and Barbados, two of Britain’s premier sugar islands. The Economics of Emancipation examines the effect of compensated emancipation on colonial credit, landownership, plantation land values, and the broader spheres of intern...