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The Molasses Act 1733 (6 Geo. 2. c. 13), also known as the Trade of Sugar Colonies Act 1732, was an act of the Parliament of Great Britain that imposed a tax of six pence per gallon on imports of molasses from non-British colonies. Parliament created the act largely at the insistence of large plantation owners in the British West Indies.
The Molasses Act 1733 imposed a fee of six pence per gallon on foreign molasses. [5] This act was meant to force the colonies into buying molasses from the British or stop producing rum in North America. Many, however, say that the Molasses Act was put in place to destroy New England’s rum industry.
This Act was passed together with the New York Restraining Act, on 2 July 1767. [27] 'Indemnity' means 'security or protection against a loss or other financial burden'. [33] The Indemnity Act 1767 reduced taxes on the British East India Company when they imported tea into England. This allowed them to re-export the tea to the colonies more ...
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Colonial reactions to these policies were mixed. The Molasses Act 1733 placed a duty of six pence per gallon upon foreign molasses imported into the colonies. This act was particularly egregious to the New England colonists, who protested it as taxation without representation. The act increased the smuggling of foreign molasses, and the British ...
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Coffee became the American alternative to tea after the enactment of the Tea Act of 1773. The enforcement of the Tea Act of 1773 became a heated issue with the colonists, with the well-known demonstration at the Boston harbor, the Boston Tea Party, a direct reaction to the act. However, a much more important shift occurred in the colonists ...
The most important was the 1733 Molasses Act; routinely ignored before 1763, it had a significant economic impact since 85% of New England rum exports were manufactured from imported molasses. These measures were followed by the Sugar Act and Stamp Act, which imposed additional taxes on the colonies to pay for defending the western frontier. [48]