apr 5, 1764 - Currency Act
Description:
British rationale: Belief in mercantilism, colonies seen as a guaranteed market for exports, colonists had drained the colonies of their moneyColonial Reaction: Resentment
Colonial Rationale: Principle weighed more heavily than the practice forced dependence on Britain, annoying liabilities, colonists felt the system was debasing
Added to timeline:
Date:
apr 5, 1764
Now
~ 262 years ago