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The Political And Econimical C

Part 1 of Paper
....nd the American colonies. England’s taxes, tariffs and new acts, imposed greatly upon the new American people. Large tariffs were placed on non British imports. British goods were more expensive, but they did not carry the high taxes that were imposed on foreign goods so they seemed economical. However Britis....

Part 2 of Paper
....eds. The merchants then began bribing the customs agents to wave the tariffs. Many agents pocketed extra money that way. A man by the name of Grenville observed this and created an act, The Revenue Act, which was successful with Parliament. This act stated that the tax on molasses would decrease to a mere three pence tariff per gallon of molasses. After the instatement of this act Grenville put an end to the bribes. The next act was the Currency Act of 1764. This act stopped the colonies f....

Number of words: 784 - Approximate pages: 3

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