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Molasses Act, (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
3 Αυγ 2023 · The Molasses Act was enacted by Parliament on December 25, 1733. The Molasses Act imposed duties and shipping restrictions on sugar and molasses imported into the North American colonies.
The Molasses Act 1733 was an Act of the Parliament of Great Britain (6 Geo. 2. c. 13) that imposed a tax of six pence per gallon on imports of molasses from non-British colonies. Parliament created the act largely at the insistence of large plantation owners in the British West Indies.
24 Ιαν 2019 · The Molasses Act of 1733 levied a duty of six pence per gallon on foreign molasses imported into British colonies in North America. The duty was not intended to raise revenue, but to be a prohibition against the importation of molasses from foreign sugar plantations.
Enacted on April 5, 1764, to take effect on September 29, the new Sugar Act cut the duty on foreign molasses from 6 to 3 pence per gallon, retained a high duty on foreign refined sugar, and prohibited the importation of all foreign rum.
The 1733 Navigation Act, also called the Molasses Act added 'fuel to the fire'. The 1733 Navigation Act imposed heavy duties (taxes) on sugar from the West Indies to the American colonies raising the price of West Indian sugar.
25 Σεπ 2024 · The 1733 Molasses Act, a Navigation Act, was designed to protect West Indian planters and merchants and imposed a high tax on molasses imported to the colonies from non-British ports.
