” and the last one “dividend.” Finally, the end of the post converges into a rather tarnished-looked umbrella of liberty, which is ironically unable to grant liberty to the abashed man seeking refuge under it. The tall, fit man, with a toupee peruke, dressed rather elegantly and holding a mask before his face with his left hand, reaching out and grabbing onto the man’s Figure 1. East India Stocks, “Pub.d. for the proprietor by W. Moore. W 48 New Bond Street & N Dicks Strand. March 17, 1788) “dividend” sack is William Pitt. Pitt initially struggled in his career at the Parliament, but went on to become the Lord of the Treasury and Chancellor of the Exchequer. His proposal of the India Act of 1784 attempted to hold British subjects in India more responsible by being inspected by the Board of Control. He made it so the Chancellor of the Exchequer (a position he later held) and the Secretary of State would always be a part of the board. Despite his seemingly noble effort to rid the company of corruption and embezzlement, he only attended 16 out of 116 meetings in a period of three years (1784-1787), leaving the core issues to Henry Dundas. A Scotsman of a medium height and built, dressed in a tartan kilt with a peruke on his head, Dundas is the third and the last character in the caricature. He came from a renowned family in Scotland, eminent for work in the legal field. Dundas too had joined the field, but was quite apathetic towards it and therefore commenced his…
During the inter-war years, the Conservative Party was in power 17 years out of a possible 21. British politics normally saw an equal balance of time in government. A key underlying factor for this success was the Conservatives growing ability to understand their potential voters amidst the changes of the inter-war years. The inter-war years were marked by unique developments which could shape both the political system and the electorate who engaged with it. The electorate significantly…
Our Parliament’s act is called the Townshend Acts named after Charles Townshend who was Britain’s Chancellor of the Exchequer (or treasury department) and passed the British Parliament in an effort to exercise greater royal authority over the American colonies and to levy new taxes. The acts, sometimes were called the American Import Duties Acts and was passed in 1767. The Parliament’s reason for passing the act is Parliament still intended to raise money from the colonies to pay off Britain’s…
These events started with the Stamp Act of 1765 that led to physical violence, intimidation, and even mob violence to impede the collection of the stamp tax. The British had just concluded a 7-year war that left a massive national debt, which led Brittan to see the colonies as a source of untapped revenue. Many colonists saw this as unconstitutional because they lacked representation in the parliament that had imposed this new tax. After the Tea Act of 1765 had been repealed the Chancellor of…
consent of colonists and resistance against Britain began. The Sugar Act (1764) was established to decrease the smuggling of sugar into the colonies; it taxed Americans for colonial trade. The following year, a Stamp Act (1765), which “taxed virtually every piece of public paper in the colonies”, was established. This act compelled Americans to boycott British goods, which then forced Parliament to dissolve the “stamp duty” altogether. In addition, the Declaratory Act (1776) was created to…
Madison Doherty Theology 9-04 Mr. Bello January 8, 2016 Saint Thomas More Saint Thomas More, a Catholic Martyr, was born on February 7, 1478 in Milk Street, London. He was a reformer, English lawyer, social philosopher, author, statesman and Renaissance humanist. Many of his friends were bishops and scholars. He wrote the book Utopia, about the political system of an ideal nation. His father was Sir John More, a lawyer and judge, and his mother was Agnes. When he was young, More…
John Aislabie, who was the Chancellor of the Exchequer, argued for the House of Commons to award the South Sea Company with the winning bid. Both companies exchanged multiple offers. However, ultimately, February 1, 1720, marked the day that the House of Commons went with the South Sea Company’s bid to take on the government’s civil debt. J.H. Plumb in his biography of Robert Walpole rehashed the back-and-forth battle between the Bank of England and the South Sea Company: This the ministry…
wanted to have a say in Parliament and how they disagreed with the taxes against them. They wanted their rights and to be able to have a say in government. The British would not accept that and further more got the colonist angrier and wanting to fight for their freedom. Declaratory Act 1766 The Declaratory Act basically said that British parliament had power to the colonies in all cases whatsoever. The declaration stated that Parliament's authority was the same in America as in Britain. The…
These taxes contributed to the power struggle between the British and the Colonist’ because they felt like they shouldn’t be taxed on something without having any say on what the money would be used for. The colonists considered this to be taxation without representation (virtual representation) because the British were coming up with the taxes without any colonist being there. The taxes were an infringement on the colonists’ rights and created anger within the colonies and ultimately caused…
Duties By 1767 taxes in the colonies have always been imposed on imported goods but newly appointed British Chancellor of the Exchequer, Charles Townshend, introduced a tax on imported necessities and luxuries made within the British Empire. This included tea, glass, paper, and paint, among other things. After the Stamp Act riled the colonists, the Townsend Duties, or Revenue Act of 1767, concealed the actually taxes being imposed by taxing through the trade duties. Instead of taxes being…