Seven Years War

The Seven Year war leads to British victory. This war is normally referred to French and Indian War. In order to support the war, British government was involved in borrowing funds from financing institutions. This left Britain in a den of debts after the war. As a result of this, the national debt doubled making it difficult to repay the huge debts. It was mandatory to keep surveillance on the American colonies. British troops were stationed within the American colonies to ensure continuous control. The expenses of maintaining the troops were high.  The British troops kept surveillance over their territories due to the mushrooming resistance from the colonies.

The Seven Years War jeopardized the colonial relations with the British Government. British obtained victory after the war, leaving in possession of various territories in North America. The war brought about various consequences. The main financing institution to the war included Dutch and British banks. The British Government had no other choice other than finding means of generating revenue to pay off the debts. The British Government moderated taxes to enable them collect enough revenue. They increased the import duty on consumable goods such as tobacco and sugar. The Government also increased the excise duty on certain commodities such as spirits, salt and beer. Consumers of these commodities were affected by the taxing strategy. The British Government devised other mechanism in order to collect the estimated revenue for instance, the bureaucracy practiced in government ranks expanded.

    The most touching issue was the involvement of the colonies in meeting the war expenses. This brought about many burning issues. This war left Britain in no secret term. It exposed the weaknesses existing in the British Administrative. These weaknesses rendered some advantage to the colonies since they were equipped with the loopholes of the British administrative. Britain faced a lot of resistance from the American colonist. This uproar was brought about by the issue of sharing expenses of the war. Several activists movement arose to fight the evil system implemented by Britain. The taxation strategy laid by the British Government was welcomed with much opposition.

There was economic recession experienced in Britain and the American colonies after the war. The taxation implemented in the North American colonies brought about national influence in Britain. Britain was highly favored by the balance of trade since it enjoyed comparative advantage in most of the economic fields. This made most of the colonial economies rely heavily on British Economy. The motives and the interest of the British government brought about some wrangles within the colonies. The Currency Act which was passed in 1764 was to be applicable in the various colonies. The Currency Act prompted the use of British Currency in trade. It banned the use of any colonial currency in transaction. The Act was a control measure to the monetary policy. This was achieved since only the British currency was the one authorized for use as a legal tender.

    The Sugar Act which was an amendment of the Molasses Act was passed by the parliament under the leadership of George Grenville who was the then Prime Minister. The sugar Act reduced the tariff imposed on sugar. This Act was passed with the intention of making the British Sugar industry to compete well with other industries in the world. This Act was implemented as a trade regulating mechanism. The Act affected distillers located in different parts of the globe such as New York, Pennsylvania and Massachutes. This prompted some protest towards the Sugar Act. Handling of smuggling cases in the Sugar Act also brought about controversy. The smuggling cases were to be addressed in some specific courts leaving out the juries.

    The British Parliament imposed the Stamp taxation within the American colonies. This was covered in the Stamp Act which was passed in 1765. Stamp tax was to be implemented on printed materials. Most of the printed materials in the colonies were entitled to tax stamp. The printed materials introduced to taxation included newspapers, printed documents and magazines. This kind of tax was also extended to all printed papers in the colonies such as legal documents. The stamp tax was to be settled using the British currency. The tax charged on printed materials was mandated at supporting the troops which had been positioned in North America. This was to ensure control over the colonies.  The colonies were perceived to be the beneficiaries of having troops stationed in North America.  The British Government considered it worthwhile to make the colonies support the troops financially through taxation.

    The colonies did not welcome the Move made by British Government through the Stamp Act. Much resistance was building up as a result of mandates put forth by the British parliament. Taxing of people with their consent was considered a violation since it was not covered in the constitution. Petitions of protest were rendered to the British Government by the colonial assembly. The British Government and the king were liable for the petition. The sons of Liberty organized demonstrations and protests to counter the imposed taxation on them. Violent acts and much destruction were done during the demonstrations. The collection of the stamp tax was affected with the intimidation perfected on stamp tax distributors. The Stamp Act met resistance all over the world.  The parliament was cornered since most of tax was not collected as expected. In 1766 the Stamp Act was repelled to be exercised in all colonies as an issue of expedience. The Declaratory Act was an affirmation of the Stamp tax. The American Revolution resulted from the increased mandates from the British Government.

    The Sons of Liberty was an institution comprised of clerks, businessmen, and artisans. This organization ensured there was no distribution of stamps. This was achieved by intimidating stamp distributors. The life of tax collectors and British officials was put in jeopardy with the upcoming resistance. The Stamp Act resistance was witnessed by having resistance movements such as Sons of Liberty. To make them heard, there was boycott towards the British goods. This forced the British Government to render audience to the colonies.

    In conclusion, the Seven Years war left British in Victory. The British Government was involved in borrowing money from bankers to finance the war. This increased the national debt which almost doubled. The British Government devised mechanism to settle the national debt. They invented means of increasing revenues. They imposed taxation on various goods such as sugar, beer and spirits. The British victory did not mean relaxation of the British troops. Troops were positioned in North America to ensure full control of the territories. The American colonies were considered as the beneficiaries of the troops stationed in their territory. The British Government held the colonies responsible for supporting the troops since it was for their own good. They did this by passing the Stamp Act. The Stamp Act prompted the pay of stamp tax within the colonies. The Stamp Act was welcomed with much resistance. This provoked the colonies to organize for protests and demonstrations which were violent and destructive. The American Revolution was a resistance towards the British leadership.

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