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Boston is taking a step toward recognizing the role slavery played at one of its most visited landmarks.

Mayor Marty Walsh’s administration has proposed spending $315,000 to restore 17th and 18th century artifacts found beneath Faneuil Hall as part of a project highlighting Boston’s role in the transatlantic slave trade.

The proposal is among 56 community preservation projects worth $34 million that Walsh submitted to the City Council this month.

Kevin Peterson, of the New Democracy Coalition, praised the proposal but said Boston still needs to hold a public hearing on renaming the historic hall, which was financed by wealthy 18th century slave owner Peter Faneuil.

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Walsh has opposed the name change idea but has expressed support for establishing a slavery memorial at the site.