STAMP ACT


Meaning of STAMP ACT in English

(1765), in U.S. colonial history, first British parliamentary attempt to raise revenue through direct taxation of all colonial commercial and legal papers, newspapers, pamphlets, cards, almanacs, and dice. The devastating effect of Pontiac's War (176364) on colonial frontier settlements added to the enormous new defense burdens resulting from Great Britain's victory (1763) in the French and Indian War. The British chancellor of the Exchequer, Sir George Grenville, hoped to meet at least half of these costs by the combined revenues of the Sugar Act (1764) and the Stamp Act, a common revenue device in England. Completely unexpected was the avalanche of protest from the colonists, who effectively nullified the Stamp Act by outright refusal to use the stamps as well as by riots, stamp burning, and intimidation of colonial stamp distributors. Colonists passionately upheld their rights as Englishmen to be taxed only by their own consent through their own representative assemblies, as had been the practice for a century and a half. In addition to nonimportation agreements among colonial merchants, the Stamp Act Congress was convened in New York (October 1765) by moderate representatives of nine colonies to frame resolutions of rights and grievances and to petition the king and Parliament for repeal of the objectionable measures. Bowing chiefly to pressure (in the form of a flood of petitions to repeal) from British merchants and manufacturers whose colonial exports had been curtailed, Parliament, largely against the wishes of the House of Lords, repealed the act in early 1766. Simultaneously, however, Parliament issued the Declaratory Act, which reasserted its right of direct taxation anywhere within the empire, in all cases whatsoever. The protest throughout the colonies against the Stamp Act contributed much to the spirit and organization of unity that was a necessary prelude to the struggle for independence a decade later.

Britannica English vocabulary.      Английский словарь Британика.