With respect to the consequences mentioned by the two members for Liverpool, he had a word or two to offer upon them. Lord Penrhyn had talked of millions to be lost and paid for. But seeing no probability of any loss ultimately, he could see no necessity for compensation. He believed, on the other hand, that the planters would be great gainers by those wholesome regulations, which they would be obliged to make, if the Slave-trade were abolished. He did not however flatter them with the idea that this gain would be immediate. Perhaps they might experience inconveniences at first, and even some loss. But what then? With their loss, their virtue would be the greater. And in this light he hoped the house would consider the matter; for, if they were called upon to do an act of virtuous energy and heroism, they ought to think it right to submit to temporary disadvantages for the sake of truth, justice, humanity, and the prospect of greater happiness. The other member, Mr. Gascoyne, had said, that his constituents, if the trade were abolished, could not employ their capitals elsewhere. But whether they could or not, it was the duty of that house, if they put them into a traffic, which was shocking to humanity and disgraceful to the nation, to change their application, and not to allow them to be used to a barbarous purpose. He believed, however, that the merchants of Liverpool would find no difficulty on this head. All capitals required active motion. It was in their nature not to remain passive and unemployed. They would soon turn them into other channels. This they had done themselves during the American war; for the Slave-trade was then almost wholly lost, and yet they had their ships employed, either as transports in the service of Government, or in other ways.