October 3 - Sugar and Stamps Sugar Act, 1764 Imperial...

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Sugar and Stamps Sugar Act, 1764 Imperial regulation, one of many (Navigation Acts, Molasses Act, etc.) Designed to reinforce notion of (mercantilism-colonies exist for benefit of mother countr) Trading directly with the French sugar colonies in Caribbean External, indirect tax (trade law)(like tariff) Modification of 1733 Molasses Act -Seven cents per gallon imported French molasses -Molasses is byproduct of sugar -French think molasses is useless -So French sell it for cheap, and English sell it expensive which hurts the English molasses trade -Many people continue to buy French molasses, however they smuggle it in to avoid tax or bribe -English decide to lower the tax to 3 cents in hope that it is cheap enough for people to buy it legitimately so that they can capture revenue and curb smuggling -Colonists object to the lowered tax -It limits profits -Sinister twist to accepted practice -English double the amount of British vessels patrolling for smuggling -If caught, court is in military court -No jury, and if judge finds you guikty, he gets a 5% commission on fine
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October 3 - Sugar and Stamps Sugar Act, 1764 Imperial...

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