Currency Act 1764

1
Currency Act 1764

• 
  Chapter 5 Toward Independence
• 
  
  Christine Tran
• 
  Period 4

2
Currency Act-1764

• Colonies lacked currency to conduct trade
• September 1, 1764- Parliament issued the Currency
  Act
• Colonies not allowed to issue paper money
• Said to actually protect the economy
• Actually was done to protect British creditors
  and merchants
• The colonies protested against this
• Was not one of the Intolerable Acts, but
• closely related