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28 Σεπ 2023 · Currency Act — Quick Facts. Key facts and important details about the Currency Act of 1764 for kids doing research and students studying for the AP U.S. History (APUSH) exam.
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To protect British merchants and creditors from depreciated colonial currency, this act regulated currency, abolishing the colonies' paper currency in favor of a system based on the pound sterling.
On September 1, 1764, Parliament passed the Currency Act, effectively assuming control of the colonial currency system. The act prohibited the issue of any new bills and the reissue of existing currency.
II. And whereas the great quantities of paper bills, or bills of credit, which are now actually in circulation and currency in several colonies or plantations is America, emitted in pursuance of acts of assembly declaring such bills a legal tender, make it highly expedient that the conditions and terms, upon which such bills have been emitted ...
10 Απρ 2024 · Currency Act of 1764 Worksheets. This fantastic bundle includes everything you need to know about the Currency Act of 1764 across 23 in-depth pages. These ready-to-use worksheets are perfect for teaching kids about the Currency Act of 1764.
Currency Act. An Act to prevent paper bills of credit, hereafter to be issued in any of his Majesty's colonies or plantations in America, from being declared to be to a legal tender in payments of money (1764) information about this edition.
