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August 1, 2025
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mar 1, 1651 - Act of Trade and Navigation

Description:

English monopoly on the purchase of tobacco
- only English or colonial-owned ships were permitted entry to colonial ports
- They could no longer trade with the Dutch, who paid the most for tobacco

Lacking competition, English merchants were able to demand lower prices for tobacco

Added to timeline:

1 days ago
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Date:

mar 1, 1651
Now
~ 374 years ago