Molasses Act of 1773
This was one of the first decisions of British Parliament that gave a real boost to organizes smuggling in New England colonies. Simultaneously it promoted corruption among customs officials. To crack down colonial trade with countries other than Britain, especially France the government created a new tax of sixpense per gallon of molasses.
1733, March — Molasses Act
The British law that imposed tax on molasses, sugar and rum imported to American colonies from non-British foreign colonies. The objective was to protect the position of British suppliers in American market against cheaper Spanish and French goods. The act not only increased the price of sugar and rum in the colonies, but also curtailed American […]
