Jan 28, 2011

The Stamp Act

The Stamp act was a strategic move made by the Parliament. The British national debt grew. It grew from £72,289,673 in 1755 to £129,586,789 in 1764. Parliament had to get into action quickly and they couln`t continue raising taxes in Great Britain because the winds of a revolt were feele and this brought fear to the Parliament because it could bring severe consequences to the Empire. Therefore, because the cause of the severe increase of the national debt was the French and Indian War,the Parliament decided to tax the colonies. Parliament levied taxes through acts. One of this act was the Stamp Act. This act tax everything that was printed.Newspapers,books, EVERYTHING!!! It had to contain the royal seal if not it was illegal because they didn`t pay taxes. The Stamp Act was passed on February 17,1765 and two weeks later it was ordered in effect by the King. This act was a serious attempt, firste serious attempt, of the Parliament on governamental issues of the colony.

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