#58 'Contrary to the principles of justice, humanity and sound policy' - Ep 4 Slavery

Charles James Fox used this phrase when he introduced the motion to ban the trade in enslaved people in June 1806. By ‘sound policy’ he meant that the British planters had to be stopped from borrowing to buy yet more enslaved people if the country was to risk economic collapse – something on the scale of the 2008 sub-prime mortgage banking crisis. We argue that historian Seymour Drescher - who argued (against Trinidadian Eric Williams) that Britain ended the trade for moral and not for economic reasons - is palpably wrong.