The Currency Act of 1764 was a law passed by Great Britain on September 1,1764. This act prohibited the manufacturing of any new or re-issuing of any existing currency by the colonists. The purpose of this act was to control the making and use of colonial paper money, please the British merchants who did not trust the colonial paper money, and to reduce the national debt. This act caused the colonies to suffer a constant shortage of silver and gold, this stopped trade between the colonies and other countries.
The French and Indian war, also called the Seven Years war, was viewed on a world wide screen. The war was fought between the British, the French, the Native American allies, and the colonists. Prior to the war, mostly everything east of the Mississippi River was claimed by either the French or British. The French and Indian war vastly influenced and altered the political, economic, and ideological relations between Britain and its colonies by imposing taxes and regulations unfairly towards the colonies. Which caused the colonists to change their ideology from toleration to resentment toward Britain.
The British were in massive debt following the French and Indian war, therefore they placed taxes on the colonists in order to regenerate some of that money lost. The Sugar Act of 1764 taxed the sale of molasses in hopes to gain some lost money, but this act led the people of Boston to boycott the molasses industry. The Stamp Act of 1765 shortly followed, making colonists buy a stamp with every paper product. The rage the colonists felt over the passing of this act, led the colonies to begin to unify as they together boycotted the trade industry. The Townshend Duties of 1767 imposed taxes on glass, lead, paint, paper and tea, but this only led to the colonist to again boycott the trade of those items and start newspaper attack.
Toward the end of 1861 using specie payments were not allowed, which meant that paying in gold or silver was no longer acceptable. That left people having to pay only in paper currency. To add to the matter, the Government issued the Legal Tender Act after payment in gold or coins was banned. This caused banknotes to count for most of the currency. The National Bank Act brought financial stability to the nation, but failed to solve the nation’s financial issues.
The Stamp Act The Stamp Act was a tax placed on the American colonies by the British in 1765. It said they had to pay a tax on all sorts of printed materials such as newspapers, magazines and legal documents. It was called the Stamp Act because the colonies were supposed to buy paper from Britain. The items bought had to have an official stamp on it that showed they had paid the tax. No Representation The colonists
There was a tax on every piece of printed paper used like licences, newspapers, marriage license, and playing cards . The stamp act was made to help get the British out of debt after the French and Indian war. Another turning point was the Tea act Dec 15,1773 a big cause was the Boston massacre where "a taunting mob threw sticks, stones, and snowballs at a frightened group of soldiers guarding the customs-house on king street in Boston" (DOC C). A rule of the tea act was "whoever shall aid,or abet, or in any manner assist in the induction of introduction of tea, from any whatsoever, into this colony, while it is subject, by British act of parliament, to the payment of duty, for the purpose of raising a revenue in American, he shall be deemed
This act required that many documents such as licenses, diplomas, contracts and even playing cards to be printed on embossed paper that had a tax on it. This act was the very first attempt to tax the colonists directly for activities that occurred solely with the colonies themselves. After the French and Indian War the British national debt skyrocketed and the Prime Minister was eager to pay it down before the government was bankrupted.
N.p., n.d. Web. 19 Apr. 2017. "The Currency Act." Ushistory.org. Independence Hall Association, n.d. Web.
The Stamp Act was a law that required all colonial residents to pay a stamp tax on every printed paper including bills, legal documents, contracts, advertising, and more. The Stamp Act was introduced to Boston in 1765. On November 1st, 1765, the law was enforced. The colonists were very mad about this act because they thought it was unfair. The colonists showed their discontent with the act by putting on violent protests.
The Stamp Act was passed in British Parliament on February 17, 1765 and received Royal Assessment on March 22, 1765. The Stamp Act was proposed by Prime Minister George Grenville and was passed without debate and it would take effect in November of that year. Prior to the Stamp Act there was a war between Great Britain and France. Though Great Britain won the war, it came to a cost of a deep debt. British Parliament recognized that the colonies were lightly taxed and felt that they should pay more thus came the stamp act which enforced all colonial citizens to pay a stamp duty or tax on all official papers from official
This Act required Taxed Stamps to be placed on printed materials. These stamps had to be purchased using the British sterling coin, which was not prevalent in the colonies. Colonist saw the pitfalls of this act and began to seek equal liberty with British Parliament. Not yet seeking independence, the colonist wanted British leaders to rethink how government worked. Opposition continued to rise as these ideals were rejected by Royal Rule.
The Stamp Act of 1765 On March 22, 1765, Great Britain 's Parliament gathered and passed the Stamp Act of 1765 which was to take effect in the thirteen colonies on November 1, 1765. The Stamp Act taxed Americans directly on all materials that were used for legal purposes or commercial use and a stamp distributor would collect the tax and in exchange, a stamp was given. The colonists had no representation in Parliament and once they heard of the act, started protesting to repeal it. After months of colonists vehemently protesting and Great Britain 's economy slowing from non-importation policies in America, they finally repealed the act on March 18, 1766, making the colonists happy, but also passing the Declaratory act on the same day, as a compromise, which stated they had the same rights to lay taxes on America as it did in Great Britain.
The cause which most likely sparked and was largely responsible for the start of the American Revolution was the Quartering Act. It was a series of laws passed that were meant to punish the British tea party. One reason this act angered them the most was that it forced every colonist to be willing to give up their homes to the British soldiers. By law, you had to provide room and board for the said soldiers- no matter where it was. Another reason that the colonist would be most angered by this series of laws is that it created divinity and privilege between the soldiers and the colonists, as they were being forced to provide for them.
When the war ended they were wore down and weak. This made the actions of the colonists more effective. Because of the debt, Britain’s economy was not strong. To help pay for the debt, Britain passed the Stamp Act. The Stamp Act put a tax on every printed item they used and required them to buy a government-issued stamp for legal documents and other paper goods.
In 1765 March 22, The Stamp Act began. It was when American colonists were taxed on any kind of paper product. Such as ship’s paper, legal documents, licenses, newspapers, other publications, and even playing cards were taxed. All of the money that was taxed was used to pay the costs of defending and protecting the American frontier near the Appalachians Mountains. Although this act was unpopular among the colonists.
The Boston Tea Party was a symbolic event of the Revolution, but one can speculate with a good degree of certainty that it would not have occurred if not for the series of historic events in Boston and other colonies that preceded it. The Boston tea party was a result of The Stamp Act, The Currency Act, and The Tea Act. Since Great Passed these three laws it angered many of the colonist and resulted in The Boston Tea Party. The Currency Act was the first of many new laws that Great Britain had created that the many of the colonist angry. The Currency Act was a law the prohibited American colonist from using there own American money to buy goods from England.