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British navy fighting to become an Imperial Power
By the Mid-1700's Great Britain had become an Empire on bot sides of the Atlantic occupying territories from Canada to the Carolinas. -
Imposition of taxes on the colonies
Starting in 1763 the British Government imposed taxes on items like stamps, paper, lead, paint, tea, and glass. Protest from a very unhappy population started from Maine to Georgia. -
Tea Act Protest
Corruption among the wealthy made many merchants and workers very mad. Merchants block importation of tea from the East India Company in an attempt to boycott their abuse and corruption -
First Continental Congress
The elaboraton and delivery of the Suffolk Resolves took place during the First Continental Congress at Philadelphia. -
The Declaration of Independence
The colonies had enough from the Monarchy and decided to establish themselves as independent republic. It was worth starting from scratch and working together. The founding fathers at Philadelphia, July 4 1776. -
The Continental
In an effort to pay its debt, a new paper money was put into circulaton "The Continental" however due to inflation by the war it was depreciated to 146 Continentals per one dollar in gold (European Exchange at that time). -
Northwest Ordinance of 1787
Thomas Jefferson wrote these ordinance to boost government economy and allow expansion and creation of new states north of the Ohio River and westward. -
Alexander Hamilton and a Healthier Economy
Trusted by George Washington, Alexander Hamilton designed and presented his economic program with the creation of Capitalism,the selling of bonds to pay national debt and a boost to the US credibility and its creditors overseas.