It prohibited colonists from issuing paper money to pay for the taxes owed the British government. In accord with thee act taxes due were to be pay'd in gold, silver.
It prohibited colonists from issuing paper money to pay for the taxes owed the British government. In accord with thee act taxes due were to be pay'd in gold, silver.
it prohibited the colonist from printing paper money
it prohibited the colonist from printing paper money
The Currency Act was passed in 1764.
The currency act was passed in 1764
The suger act and currency act passed in 1764
It prohibited colonists from issuing paper money to pay for the taxes owed the British government. In accord with thee act taxes due were to be pay'd in gold, silver.
The Currency Act of 1764 was passed after the French and Indian War had ended. The act banned the use of paper money in all colonies. In passing this, the British government was attempting to have a greater amount of control over the individual colonies.
It was the Currency Act that outlawed the use of paper money in the colonies. Parliament passed the act in 1764.
Parliament passed the Currency Act of 1764 to take control of the colonial currency system. It banned the printing of any new currency and forbid the use of the old colonial currency. It also stated that Britain had the power to try any smugglers and would enforce the results of the prosecution to their advantage rather than the colonies', advantage.
There were two acts of 1764 the Revenue Act (sugar act) and the Currency Act of 1764.
british made the colonist pay a tax on molases and sugar ,but the colonist were angered.therefore, colonist convinced all 12 colonies except one to stop buying tea from the british, leading up to the stamp act of 1765.
The currency act of 1764 was repealed by England in 1767.
The colonists reaction to the currency act of 1764 was that they didn't think it was fair to abolish their currencies and impose the pound as the only acceptable form of money. They protested against it.