HIST 350 Lecture Notes - Lecture 4: Making Money
Document Summary
The land controlled by england in north america is bigger than europe: all europeans should be ecstatic. King of england, concerned: grenville (becomes pm) Basic idea: britain is broke, but there is over a million colonists in north. They"re making money, why don"t we tax them. King loves it, because the act has been on the books in britain for over a hundred years. For the first time this is going to be britain taxing the people who live in the colonies directly. Every colony is already paying taxes to their state governments. Stamp act (1765: duties on official documents. Playing cards: unlikely ally, benjamin franklin (had a newspaper monopoly in pa; newspapers are the first thing taxed, you would think he would have been against something eating into his profits. Parliament has no right to tax the colonies. He talks about rights and liberties o o.