Episode 3 of 6

Compensation Financing

When: 1835-08-03
Where: London
Part of: Slavery Abolition Act and the end of slavery in the British Empire

The British government took on a £15 million loan to finance payments, finalised in 1835.

To finance the payments, the British government took on a £15 million loan, finalised on 3 August 1835, with banker Nathan Mayer Rothschild and his brother-in-law Moses Montefiore; £5 million was paid out directly in government stock.

Sources

Slavery Abolition Act 1833 Wikipedia, revision of 2026-09-19

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