The Centennial History of New York City, From the Discovery to the Present Day

Cover The Centennial History of New York City, From the Discovery to the Present Day
The Centennial History of New York City, From the Discovery to the Present Day
Stone William Leete
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" For some years past," he wrote to the Board of Trade, " three popular lawyers educated in Connecticut/ who have strongly imbibed the independent principles of that country, calumniate the administration in every exercise of the prerogative, and get the applause of the mass by propagating the doctrine that all authority is derived from the people." It was in the fall of 1763 that George Grenville and Lord North first devised the plan of raising a revenue by the sale of stamps to the colonists....
Grenville, however, hesitated long before pressing this measure ; and it was not until the 22d of March, of this year, that the Stamp Act passed, and received the signature of the King. The Act declared that thence* forth, no legal instrument should possess any validity in the colonies unless it was stamped by the Government.* Long bef^e the passage of the Act, the rumor that such a project was even meditated by the Ministry produced a universal outburst of indignation. If Parliament wished to raise any sum, said the colonists, let them employ the usual method of * "By thi8 act, a ream of bail bonds stamped was £100; a ream of common printed ones before, was £15; a ream of stamped policies of insurance was £190; of common ones, without stamps, £20." — Bradford, Mass,, i., 13.


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