Got Money? How Did the British Government Raise ££££££££

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Got Money?
How Did the British Government Raise
Revenues After the French and Indian War?
££££££££
• The British gov’t borrowed
heavily from British and Dutch
bankers to finance the French
and Indian War.
• The French and Indian War nearly
doubled Britain's national debt.
British Debt 1754-1763
£160,000,000
£140,000,000
£120,000,000
£100,000,000
£80,000,000
1754
£60,000,000
1763
£40,000,000
£20,000,000
£0
1754
1763
• The British gov’t, seeking sources
of revenue to pay off the debt,
attempted to impose new taxes
on its colonies.
Tea
Paper
Sugar
Quartering Troops
• These attempts were met with stiff
resistance, until troops were called in
so that representatives of the gov’t
could safely perform
their duties.
• These acts ultimately led to the start
of the American Revolutionary War.
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