Search results
Results from the WOW.Com Content Network
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 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]
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 ...
The love story between John F. Kennedy and his wife, Jackie, was far from perfect and was tragically cut short in 1963 by a sniper’s bullet. The last thing JFK said to Jackie before he died Skip ...
Listed below are executive orders numbered 10914–11127 signed by United States President John F. Kennedy (1961–1963). He issued 214 executive orders. [ 9 ] His executive orders are also listed on Wikisource , along with his presidential proclamations and national security action memorandums .