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As chancellor of the Exchequer, he helped lift Britain with tax cuts and other Conservative measures the “Lawson Boom” but harder times followed, and he resigned.
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Submitted by Philip Power
In the British West Indies much of the early capital to finance White slavery came from Sephardic Jews from Holland. They provided credit, machinery and shipping facilities. In the 1630s Dutch Jews had been deeply involved in the enslavement of the Irish, financing their transport to slave plantations in the tropics. By the 1660s, this combination of Jewish finance and White slave labor made the British island colony of Barbados the richest in the empire. The island’s value, in terms of trade and capital exceeded that of all other British colonies combined. (John Oldmixon, The British Empire in America, vol. 2, p. 186.)