Liverpool to keep slave trader's name on street: Penny Lane.

[NNadir]

LONDON - Penny Lane will keep its name. Liverpool officials said Saturday they would modify a proposal to rename streets linked to the slave trade when they realized the road made famous by the 1967 Beatles song was one of them.

The unassuming suburban avenue was named for James Penny, a wealthy 18th-century slave ship owner. Liverpool, the Beatles' northern English hometown, was once a major hub for the slave trade.

"I don't think anyone would seriously consider renaming Penny Lane," said city council member Barbara Mace, who has been pressing to get rid of names linked to slavery. "My proposal is to rename several of the streets and to replace them with the names of people who have done something positive..."

..."It's not trying to rewrite history," Mace said. "You can't. Liverpool's whole history is based on the slave trade. That's on the history books."

Liverpool was an important port of call for slave ships traveling between Africa and the Americas. During the second half of the 18th century, much of the city's economy was based on the trade.

http://news.yahoo.com/s/ap/20060708/ap_en_mu/penny_lane