War of 1812 - Losses and Compensation

Losses and Compensation

British losses in the war were about 1,600 killed in action and 3,679 wounded; 3,321 British died from disease. American losses were 2,260 killed in action and 4,505 wounded. While the number of Americans who died from disease is not known, it is estimated that about 15,000 died from all causes directly related to the war. These figures do not include deaths among Canadian militia forces or losses among native tribes.

There have been no estimates of the cost of the American war to Britain, but it did add some £25 million to the national debt. In the U.S., the cost was $105 million, about the same as the cost to Britain. The national debt rose from $45 million in 1812 to $127 million by the end of 1815, although by selling bonds and treasury notes at deep discounts—and often for irredeemable paper money due to the suspension of specie payment in 1814—the government received only $34 million worth of specie.

In addition, at least 3,000 American slaves escaped to the British because of their offer of freedom, the same as they had made in the American Revolution. Many other slaves simply escaped in the chaos of war and achieved their freedom on their own. The British settled some of the newly freed slaves in Nova Scotia. Four hundred freedmen were settled in New Brunswick. The Americans protested that Britain's failure to return the slaves violated the Treaty of Ghent. After arbitration by the Tsar of Russia the British paid $1,204,960 in damages to Washington, which reimbursed the slaveowners.