All the people that come and go
Sunday, July 25th, 2010
Did you know that the street named in the famous Beatles song, Penny Lane, was named after one James Penny? Did you know that James Penny, who died in 1799, was active in the slave trade until the American War of Independence and later took up the trade again when the war ended? Furthermore, Penny spoke in defence of the slave trade to Parliament in 1788; he argued that abolition of the trade would destroy the economy of Liverpool;
“it would not only greatly affect the commercial interest, but also the landed property of the County of Lancaster and more particularly, the Town of Liverpool; whose fall, in that case, would be as rapid as its rise has been astonishing.”
Thankfully Penny was proved wrong, Liverpool survives still. A policy of changing the name of Liverpool streets associated with the slave trade deliberately excluded Penny Lane from the process. Like Penny, the city knows where its bread is buttered.

