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| | From Revolution to Reconstruction: Outlines: American History (1990): Chapter Two: Taxation without representation at ... |
 | | Later in the same year, Parliament enacted a Currency Act "to prevent paper bills of credit hereafter issued in any of His Majesty's colonies from being made legal tender." Since the colonies were a deficit trade area and were constantly short of "hard money," this added a serious burden to the colonial economy. |
 | | Known to history as the "Stamp Act," it provided that revenue stamps be affixed to all newspapers, broadsides, pamphlets, licenses, leases, or other legal documents, the revenue (collected by American agents) to be used for "defending, protecting, and securing" the colonies. |
 | | The act aroused the hostility of the most powerful and articulate groups in the population, journalists, lawyers, clergymen, merchants, and businessmen, north and south, east and west, for it bore equally on all sections of the country. |
| odur.let.rug.nl /~usa/H/1990/ch2_p6.htm (609 words) |
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