19h 24min, jan 28, 1764 y - Currency Act
Description:
The British thought that colonial paper currency was inflated and sought to protect British merchants from being paid in colonial currency that was/had lost value. This took away control of paper money from the colonies. The colonists were greatly upset and flustered because it wasn’t possible to pay in gold and silver due to resource drain. The act also slowed/deterred the colonial economy.
Added to timeline:
Date:
19h 24min, jan 28, 1764 y
Now
~ 261 years ago
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