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The Molasses Act 1733 was an Act of the Parliament of Great Britain (6 Geo. 2. c. 13) 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 of 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.
The Molasses Act imposed taxes on colonial imports of the syrup. In June 1767, the Parliament passed the Townshend Revenue Act, which established new duties on goods such as salt, glass, paper, tea, coal, oil, and lead. The revenues generated from these duties were intended to pay the salaries of colonial governors, judges, and troops.
The earlier Molasses Act of 1733, ... Even more trouble followed Parliament's passage of the 1773 Tea Act. ... As president, Hancock may have ...
The Molasses Act was the first of the Sugar Acts. The Act was set to expire in 1763, but in 1764 it was renewed as the Sugar Act, ...
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]
Tablet on the Norfolk County Registry of Deeds. The Suffolk Resolves was a declaration made on September 9, 1774, by the leaders of Suffolk County, Massachusetts.The declaration rejected the Massachusetts Government Act and resulted in a boycott of imported goods from Britain unless the Intolerable Acts were repealed.
The Sugar Act of 1764 was the first tax in Grenville's program to raise a revenue in America, which was a modification of the Molasses Act of 1733. The Molasses Act had imposed a tax of 6 pence per gallon (equal to £5.24 today) on foreign molasses imported into British colonies. The purpose of the Molasses Act was not actually to raise revenue ...