Summary: The Currency Act Of 1764

The Act was made to halt trade between many people. This includes trade between New England and Middle Colonies along with French, Dutch, and Spanish in the West Indies. It reduced the smuggling of goods. May 3, 1765 Quartering Act The Quartering Act was enforced when British soldiers needed housing. So the local colonial governments.

Since there was debt because of the war, the economy was already very bad in Britain – therefore they taxed the colonies. When the colonies started boycotting British products and threatened to stop trading with them all together, it was successful because Britain’s economy wasn’t strong enough to handle those things. The merchants in Britain couldn’t afford to have trade with America end. If the British merchants were hurt, this would thus hurt The economy as a whole in Britain. In later decades, in the War of 1812, America would try to stop trade with Britain again using a method called embargo, which would not be effective because they did not have the debt that the War had caused.

During the 1700s, the British Parliament used their authority to make laws regarding tax collection. One of these was the Molasses Act of 1733, but it did not work well. This was because the tax was not collected and people refused to pay it. During King George the third rule the Sugar Act, which was passed on April 5, 1764, replaced the Molasses Act. The background, purpose, and effect of the Sugar Act must be explained to understand the economic impact on the American colonies.

There are a lot of turning point that led to the revolutionary war. Every act that the king signed and put intoto effect plus the actions of the red coats fueled the colonies motivation to start a revolution . The four major reasons were the stamp act, Tea act ,common sense by Thomas paine, declaration of independence The stamp act 1765 was the first direct tax put on the British colonies in North America (DOC.A). The colonies were not fond of the stamp act they had no say in what the tax should be on nor what it should be spent on. There was a tax on every piece of printed paper used like licences, newspapers, marriage license, and playing cards .

To prove that the British forced the colonists to commit to the republican value. Colonial resistance increased between the time period of 1763 and 1776 because of policies that were imposed on America, stirrings of revolt and the Coercive Acts that finally committed the colonist to find for their independence. During the year of 1763, frontiersmen from English colonies quickly began move over the mountains and into tribal lands in the upper Ohio Valley after the defeat of the French. The British feared that escalation would disrupt and threaten their western trade in order for that not to happen the Proclamation of 1763 was made. The Proclamation of 1763 forbade settlers to advance beyond the Appalachian Mountains.

December 16th 1773, Boston Harbor. A group of Massachusetts colonists disguised as Mohawk Indians board three British tea ships and dumped 342 chests of tea into the Boston harbor. The midnight raid was in protest of the British Parliament’s Tea Act of 1773, which was a bill designed to save the faltering East India Company by greatly lowering the tea taxes on itself, so it could wrestle the control of the tea trade in America. The low taxes allowed the East India Company to undercut tea smuggled into America by Dutch traders, and many colonists (myself included) viewed the act as tyranny. And thus we retaliated

The Causes for the American Revolution The American Revolution began its first movements following the British victory in the French and Indian war in 1763 which removed France as a major opposition in the North American affairs. Following the war, the British needed to assert taxes. In the year 1764 only, there was the Sugar Act that raised revenue for the British by increasing duties on sugar imported from the West Indies and there was also the Currency Act that banned the American colonists from issuing paper bills or bills of credit. Both acts were proposed to raise revenue without any consideration on how it would affect the colonies. When none of the colonists thought of any ways to raise revenue themselves the Stamp Act was passed in 1765.

Those who engage in civil disobedience do so knowing that they may be punished for it. In Boston Harbor, a group of Massachusetts’s colonists disguised as Mohawk Indians board three British tea ships and dump 342 chests of tea into the harbor. The colonists’ main complaint was that they were not directly represented in the British Parliament. Therefore, any laws the British passed on taxing the colonists were illegal under the British Bill of Rights of 1689. Seemingly, this taxation without representation would render the laws unjust.

However, unsurprisingly, the British were unwilling to compensate their own merchants for the seized Opium and believed that the Chinese had to do that instead. A fierce and prolonged public battle took place on the matter. Parliament voted in April 1840 that a British ship be sent to China stating their demands. Compensation for seized opium, end to Cohong monopoly, and the right to occupy and island of the coast to use as a base. This was the first of the unfair treaties.

Lastly, colonists had no representation in Parliament. Laws and taxes were passed without them having a say. Americans decided to fight for their independence in 1776 because they were being treated unjustly by Great Britain. To begin, the British passed hefty taxes in the thirteen colonies to help pay off their war debt. First, colonists were brought into British conflicts.

Proclamation of 1763 was created by King George III and was issued on October 7th 1763 during the end of French and Indian war It prohibited Americans from colonizing west beyond the Appalachian mountains. It improved relations between natives, Great Britain, and France. Native Americans owned lands in the west of Appalachian mountains, where it created problems with lot of Americans. So, this proclamation helped to avoid warfare with the Indians. This law has no effect on controlling colonial expansion.

In 1771 a group of colonist protested 13 years of increasing oppression, by attacking merchant ships in Boston Harbor. The British in disgust of the attacks retaliated by imposing even harsher penalties through taxes and such. The British adjusted import duties to bolster the troubled east India company that produced the tea and readied it for export to the colonial settlements in America. This was deemed the Tea Act of 1773, consignees in New Yor, Philidelphia and Charleston rejected the shipments of tea from the East India Company because they felt that the British taxation was unfair and that the merchants could not pay the taxation and make a profit off of the imports. Merchants in Boston Conceded to Patriot

F). Establishment of the Embargo act denied France and GBR any access to American ports to make the powerful nations realize lost opportunities and the power of US neutrality. Unless the US found a reliable trade partner besides France and GBR, the Embargo act of 1807 strongly challenged Jefferson’s economic and political view a Nation awaiting bankruptcy. Stating, “The honest payment of our debts and sacred preservation of the public faith; encouragement of agriculture, and of commerce as its handmaid” (Jefferson Doc. A); the president fully expressed progression for the reliance on agriculture and fully alleviate the debt.

They use to treat parliament and queen of England with full respect. Things begin to change around 1760s, when British parliament passed series of laws without the consultation of American people. The one such law in this series was Stamp act. The Stamp act was passed in 1765. Americans found this tax to be unconstitutional and disturbing because they believed that no freeman could be forced to pay the tax without his permission.