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The Molasses Act 1733 was an Act of the Parliament of Great Britain (6 Geo. 2. c. c. 13) that imposed a tax of six pence per gallon on imports of molasses from non-British colonies .
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 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, ...
Land at Snaith, Yorkshire Act 1773 or the Goodall (Yorkshire) Inclosure Act 1773. 13 Geo. 3. c. 85. 1 July 1773.
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 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]
On the morning of Jan. 15, 1919, a gargantuan steel drum in the North End neighborhood of Boston burst open and sent 2.3 million gallons of thick molasses tearing through the streets and into the ...
17 May – the Molasses Act becomes law: intended to regulate the colonial molasses trade in favour of the British West Indies, it causes resentment in British North America. [5] [6] 26 May – John Kay patents the flying shuttle. [2] 7 November – France and Spain sign the treaty of Escurial and form an alliance against Britain. [2]