History of merchant shipping and ancient commerce, Volume 2 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 2 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
The effects of the Stamp Act in America recoiled with redoubled force
upon Great Britain. Most of the merchants connected with the colonial
trade suspended payment; while her shipowners felt severely the
interruption of commerce between the two countries; the manufacturers
and workmen throughout the kingdom were to a large extent thrown out
of employment—misfortunes greatly aggravated by the high price of
provisions, the vessels laden with them having been embargoed in all
the ports. In the end, the shipowners of London, Liverpool, Bristol,
Hull, and Glasgow, with the manufacturing towns in Lancashire,
petitioned the Legislature for relief; and, in 1766, the obnoxious
Stamp Act was repealed. This repeal, though received with great
joy in all parts of England, and re-echoed by the Americans, was
materially modified on the other side the Atlantic by the preamble of
the Declaratory Act[214] which censured the American legislatures for
assuming the right of taxation in the colonies, declaring the American
colonies subordinate to the English crown and parliament, whose
legislative authority, it was asserted, extended to American subjects
in all cases whatsoever. The resumption, however, of navigation and
commerce produced the most salutary effects, and harmony was for a
season restored between the two countries.
But in the interval between the repeal of the Stamp Act and the
following year a new state of things had arisen. The notion of
self-government had taken hold of the American agitators. In their
provincial assemblies they set the Declaratory Act and the authority of
the mother-country at defiance, while in England, on the other hand, it
was deemed essential to assert the supremacy of the Legislature by even
more effectual proceedings.
[Sidenote: Non-intercourse resolutions.]
Public-domain text, read in full here on John Shaqi.
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