Stamp Act 1765 - Stamp Act 1765 Following the Seven Year's...

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Stamp Act 1765 Following the Seven Year’s War there was a huge debt incurred by all parties involved, but significant for the British North Americans was the debt incurred by Great Britian. At the conclusion of the war the British were in debt 800 million pounds compared to just 75,000 pounds before the war. Because of the increased British troop presence that would be needed on the American continent George Greenville became prime minister of England replacing John Stuart and imposed a stamp act that required a British stamp be placed on all paper in the colonies to help fund part of the cost that the British government would incur defending the colonies. - this was also the intention of the Sugar Act of 1764 but because this act actually lowered the cost of sugar to the colonies it was not as widely controversial. Whereas the Sugar Act could be seen as an external tax, while it did generate revenue revenue from the colonies, it did so by means of taxing trade. The stamp act was the first
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This note was uploaded on 04/25/2008 for the course US HISTORY to 1877 taught by Professor Dr.cook during the Fall '07 term at University of Houston.

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Stamp Act 1765 - Stamp Act 1765 Following the Seven Year's...

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