John, Thomas and Archibald Douglas & Co.
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Founded by sons of John Douglas
and brothers of Cecilia Douglas
Branch in Berbice, Douglas, Reid
& Co.
Glasgow 3/3/1815 Alexander Falconer ceased to be a partner
in the company undertaken for some years past by the subscribers (as
sole partners) under the firm of John Thomas and
Archibald Douglas in Glasgow,
Douglas, Reid & Company of Demerary and Berbice and for some time at
Liverpool as Douglas M'Intyre and then as Colin Douglas and Company; and
also that by the decease of James Reid, a late partner, in December
1810, his heirs and representatives have had no part in the company
since April 30 of that year. Subscribers were John Douglas, Thos. D.
Douglas, Archibald Douglas, A. Falconer, John Douglas as attorney of
John Douglas and A. Falconer for himself and for William Morrison,
executors of James Reid.
J. T. & A. Douglas & Co. made at least two claims to the Slave Compensation Commission (1812–1851) after slavery was abolished by the Slavery Abolition Act 1833.
• For the loss of 132 enslaved people on their Belmont plantation in British Guiana, the amount awarded on 13 May 1837 was £3500 8s 6d. Various estimates of its value in 2014 range through £2,591,000 to £4,992,000 and up to £12,420,000.
• For the loss of 236 enslaved persons on their Better Hope plantation in British Guiana, the amount awarded on 30 November 1835 was £12407 13s 2d. Various estimates of its value in 2014 range through £9,185,000 to £17,700,000 and up to £44,020,000.
The trading and banking side of the British Empire was formed on such vast amounts of cash paid to ex-slave owners. These two claims alone could represent up to £56,000,000 today.
Any contributions will be
gratefully accepted
See also:
• our
slave trade feature
• Douglas in the
West Indies (list)
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