MOLASSES ACT


Meaning of MOLASSES ACT in English

(1733), in American colonial history, a British law that imposed a tax on molasses, sugar, and rum imported from non-British foreign colonies into the North American colonies. The act specifically aimed at reserving a practical monopoly of the American sugar market to British West Indies sugarcane growers, who otherwise could not compete successfully with French and other foreign sugar-producers on more fertile neighbouring West Indian islands. The American colonists protested the act, claiming that the British West Indies alone could not produce enough molasses to meet the colonies' needs. The American colonists feared that the act's effect would be to increase the price of rum manufactured in New England, thus disrupting the latter's exporting capacity. The Molasses Act was among the least effective of the British Navigation acts, since it was largely circumvented through smuggling. It was later amended by the Sugar Act of 1764.

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