Currency Act, Timeline of British Acts on America »

Currency Act of 1751

What was the Currency Act of 1751?
The Currency Act of 1751 prohibited the issue of new bills of credit by New England colonies: Rhode Island, Massachusetts Bay, New Hampshire and Connecticut. Parliament decided to enact the Currency Act of 1751 to control currency depreciation against silver and sterling and to ensure its value for payments of debt to British merchants. extended the policy to all British colonies in the Americas increasing more tension between Britain and America.
Why was the 1751 Currency Act passed?
Most of the hard currency and revenues in …

British Taxation in Colonial America »

List of British Acts on Colonial America

The Navigation Acts were trade rules that governed commerce between Britain and its colonies. The first of the Navigation Acts existed for almost two centuries and was repealed in 1849. The laws were designed to protect British economic interests in colonial trade and to protect its industry against the rapidly growing Dutch navigation trade.

The purpose of the Molasses Act was to protect British West Indies exports to the American colonies from the more fertile French and Spanish islands of Martinique and Santo Domingo. It was not designed to raise revenue …

British Taxation in Colonial America »

British Politics 1763-1775

During the first eight years of King George III reign the British government had six ministries. British politics was in a state of chaos and political infighting between Whig groups disrupted colonial policy.
In the last years of King George II, Britain was unified under the leadership of William Pitt who had led Britain to war against the French in North America and India. The war had been costly and Britain was highly indebted however Pitt wanted to declare war on Spain before Spain attacked Britain. Not finding support among George …

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“No Taxation Without Representation”

There were twelve years between the signing of the Treaty of Paris on February 1763 and the ride of Paul Revere on April 1775. Tension and anger between colonists and the empire increasingly rose to the point of no return. During the short period of 1762-1770 the causing disruption in its colonial policy. Furthermore, it found itself fighting wars in Europe, West Indies and Asia which drastically increased the cost of servicing its national debt. At the top of its agenda was the lightening of the burden on British …

British Taxation in Colonial America, Stamp Act »

American View on the Stamp Act

Up until the attempt to collect the Stamp duty colonists had accepted minor duties on trade such as the , and even the . cost more to administer than it collected in revenue. Those measures were not considered as “tax” by the colonial assemblies but as trade regulations that compensated for protection, access to foreign products and a foreign market for American goods.
Colonists were careful to draw distinction between internal and external taxes. Internal taxes were those imposed by the provincial government, members of which were elected by residents, …