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56. Taxing times

56. Taxing times

14:072021-09-10

Jaksokuvaus

Lord Bute, as Prime Minister, did what he could to attack the British public debt by reducing costs. But there were limits to how far he could go. Eventually, he needed to raise taxes too. With his Chancellor of the Exchequer, Pitt’s former friend and now political enemy George Grenville, he pushed through a tax on cider. Then, after Bute fell and was replaced by the same Grenville, it was time to try taxing the American colonists. There were widespread objections to the Sugar Tax, but eventually it was grudgingly accepted and generally paid. Sadly, Grenville couldn’t simply accept that small win. He overreached with another tax he thought was an exceptionally smart move: the Stamp Act. And with that he effectively drove the first nail into the coffin of Britain’s imperial position in North America. Illustration: George Grenville, the ‘Gentle Shepherd’, published by Richard Houston, after William Hoare, circa 1750-1775 National Portrait Gallery D20047 Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License

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