Black History : The Netherlands Paid Reparations For Slavery...

Actual

Actual proof is hard to come by. But there are estimates.

The planters would not lose on labor. This meant that they paid the same in wages as it would normally cost them to keep/maintain a slave.

It is estimated that a freed slave was paid between 3 and 4 guilders per week. I'm not sure about that because according to some sources, many of these freed slaves still left the plantations even though they were obliged by the Govt. to work another 10 years with pay.

That is why the Netherlands started luring guest workers from, China, Java and India to come work in Suriname. The promised them a lot and delivered nothing. Their work condition were horrible as well. Most of these gust workers ended up staying because they couldn't afford the trip back home, which was by design.

But today all the descendants of slaves and guest workers alike are proud to call themselves Surinamese.



Based on your estimates, peanuts is an understatement:


Currency Conversion Tables
Guilder Dollar
ƒ 3 ...................$ 1.68
ƒ 9 ...................$ 5.03
ƒ 15 .................$ 8.38
ƒ 30 ................$ 16.76
ƒ 150 ..............$ 83.8
ƒ 300 ..............$ 168
ƒ 600 ..............$ 335
ƒ 1500 ........... $ 838
ƒ 3000 ........... $ 1676
ƒ 9000 ............$ 5028
ƒ 15000 ..........$ 8380
$0.5587 per Guilder
Tue, 27 January, 2015


http://fx-rate.net/ANG/USD/

...
 
Last edited:
Based on your estimates, peanuts is an understatement:


Currency Conversion Tables
Guilder Dollar
ƒ 3 ...................$ 1.68
ƒ 9 ...................$ 5.03
ƒ 15 .................$ 8.38
ƒ 30 ................$ 16.76
ƒ 150 ..............$ 83.8
ƒ 300 ..............$ 168
ƒ 600 ..............$ 335
ƒ 1500 ........... $ 838
ƒ 3000 ........... $ 1676
ƒ 9000 ............$ 5028
ƒ 15000 ..........$ 8380
$0.5587 per Guilder
Tue, 27 January, 2015


http://fx-rate.net/ANG/USD/

...

Well we have to adjust for inflation. Which would make it around $15 - $20/Week.

In addition 1/3 of their pay was being withheld till after the 10 year period. Also the slaves faced jail time if they left the plantations before the end of the 10 year period.

So taking all of this into account, the fact that thousands still left before the 10 year period says a lot.

Some estimate that that 40% left the plantations before the 10 year period!
 
Well we have to adjust for inflation. Which would make it around $15 - $20/Week.

In addition 1/3 of their pay was being withheld till after the 10 year period. Also the slaves faced jail time if they left the plantations before the end of the 10 year period.

So taking all of this into account, the fact that thousands still left before the 10 year period says a lot.

Some estimate that that 40% left the plantations before the 10 year period!



What rate of inflation are you using to calculate the $12 - 16 guilder/dollar increase?

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What rate of inflation are you using to calculate the $12 - 16 guilder/dollar increase?

...

I'm using a conservative inflation rate of 10x

The old guilder used to trade around 50% of the USD until the guilder was changed into Euro

prc18991.gif


While this very scary chart is in USD, since the seventies most currencies became fiat and were traded in relation to USD as opposed to being valued against gold assets of the nation(s) in question. Long story short your $10 in 1800 is worth $100 in todays' value.

And one guilder is about $0.50
 
I'm using a conservative inflation rate of 10x

The old guilder used to trade around 50% of the USD until the guilder was changed into Euro

prc18991.gif


While this very scary chart is in USD, since the seventies most currencies became fiat and were traded in relation to USD as opposed to being valued against gold assets of the nation(s) in question. Long story short your $10 in 1800 is worth $100 in todays' value.

And one guilder is about $0.50



Although this very scary chart lives up to the labeling, thanks for supporting your position.

...

 

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