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.