php addslas function help needed

<?php
$lines = file('file.txt');
foreach($lines as $num => $line){
$fullname = "name";
$email=addslashes($line);
$password = base64_encode(password);
mysql_query("INSERT INTO table (fullname,email,password) VALUES('$fullname','$email','$password')") or die("Insert failed: " . mysql_error());
}
?>

PHP:

please see the above code i want to add addslashes for $email but this is not doing in the way i mentioned above where i mistaken
it do not gives any error

 

I don't know what the exact problem is, but I do know that you're supposed to quote strings for SQL with mysql_real_escape_string() nowadays.