How slave descendant plaintiffs could end up owing Lloyd's
Here is a little demonstration of the power of rhetoric, and how a good lawyer could overturn the case against the plaintiffs.
Source :
BBC Slave owner insurance - 200 years on
Insurance could be such a difficult issue for the owners of slave ships.
Take the case of the Zong, a British vessel out of Liverpool that transported a human cargo from Africa in 1781.
Food and water were running low; some of the slaves were dying.
So, what to do? Under the terms of the insurance, a death by natural causes would not receive payment, but a death by drowning would.
The answer was clear to Captain Luke Collingwood:
throw more than 130 slaves overboard to claim the insurance.
In the event, the matter was contested when it came to court.
The Lord Chief Justice, Lord Mansfield, was clearly uneasy even as he understood the dilemma: "The case of the slaves was the same as if horses had been thrown overboard.''
In the end, there was no payment and some good came of the atrocity.
Publicity from the case pricked consciences and helped spur the abolition of the trade.
We can thus conclude that the involment of Lloyd's in the slave trade was a good thing, as the case brought to court about the insurance payment for drowned slaves, not only failed but helped awaken public consience, which eventually led to the abolition of slave trading.
In other words, Lloyd's is to the Blacks what Schindler was to the Jews, to an ever greater extend (i.e. complete abolition of the slave trade in the UK, then, by repercussion, worldwide). Slave descendant should therefore be grateful to Lloyd's as they owe them their own freedom.
More than that, as has been said before, present-day slave descendants should be grateful to have been born in the US rather than West Africa, and that couldn't have happened without the slave trade. It's a bit like saying that, historically, Europeans developped higher technology (than Africans) because of the cold climate. Suffering from cold has, with time, led future generations to enjoy a greater comfort (heating, air conditioning, stone/brick houses with insulation, warm clothes, gas and electric cookers, etc.). Slaves have suffered deportation from their homeland, but their descendant enjoy a better life as a consequence.
In economic terms, if all humans were to be assessed for their material possesions and profitability for the society, we could say that the share price of a black slave was low, but their descendant are now worth much more, while those who stayed in Africa haven't changed much. This is called "added-value".
Therefore, as lawyer of Lloyd's of London, I ask for appropriate compensation that have never been paid for serviced rendered to the black slaves and their descendant; for their freedom and increased wealth, and for good management and investmemt of human capital.
Paying for their deceased ancestors as well as themselves, we, Lloyd's of London, ask in the name of exticnt slave traders corporations for 50.000US$ to each slave descendant living today on US soil.
N.B. : this does not reflect my personal opinion or feelings, but is just a demonstration of how a case could be brought against the plaintiffs with a good argumentation.