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Colston was also a 'philanthropist', meaning that he gave some of his ill-gotten gains to 'worthy' causes to enhance his reputation. It still happens today, funnily enough ...
He supported and endowed schools, almshouses, hospitals and churches in Bristol, London and elsewhere. His name is commemorated in several Bristol landmarks, streets, three schools and the Colston bun. Many of his charitable foundations still survive.
Oliver Schick
Why was that statue there in the first place?