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href="#Act_of_1751"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Act of 1751</span> </div> </a> <ul id="toc-Act_of_1751-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Act_of_1764" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Act_of_1764"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Act of 1764</span> </div> </a> <ul id="toc-Act_of_1764-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Legacy" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Legacy"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Legacy</span> </div> </a> <ul id="toc-Legacy-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div 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searchaux" style="display:none">British legislation regulating colonial money in America</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Not to be confused with <a href="/wiki/Coinage_Act" title="Coinage Act">Coinage Act</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output 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href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><table class="sidebar sidebar-collapse nomobile nowraplinks vcard" style="width:22.0em;"><tbody><tr><td class="sidebar-pretitle">Part of a series on the</td></tr><tr><th class="sidebar-title-with-pretitle" style="background:#002868;"><a href="/wiki/American_Revolution" title="American Revolution"><span style="color:#FFFFFF;">American Revolution</span></a></th></tr><tr><td class="sidebar-image"><figure class="mw-halign-center mw-image-border" typeof="mw:File"><a href="/wiki/Declaration_of_Independence_(painting)" title="Declaration of Independence (painting)"><img alt="Declaration of Independence (painting)" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg/200px-Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg" decoding="async" width="200" height="131" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg/300px-Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg/400px-Declaration_of_Independence_%281819%29%2C_by_John_Trumbull.jpg 2x" data-file-width="3000" data-file-height="1970" /></a><figcaption>Declaration of Independence (painting)</figcaption></figure><div class="sidebar-caption">The <a href="/wiki/Committee_of_Five" title="Committee of Five">Committee of Five</a> presents their draft of the <a href="/wiki/United_States_Declaration_of_Independence" title="United States Declaration of Independence">Declaration of Independence</a> to the <a href="/wiki/Second_Continental_Congress" title="Second Continental Congress">Second Continental Congress</a> in <a href="/wiki/Philadelphia" title="Philadelphia">Philadelphia</a></div></td></tr><tr><td class="sidebar-above"> <div class="hlist"> <ul><li><a href="/wiki/Timeline_of_the_American_Revolution" title="Timeline of the American Revolution">Timeline</a></li> <li><a href="/wiki/List_of_military_leaders_in_the_American_Revolutionary_War" title="List of military leaders in the American Revolutionary War">Military leaders</a></li> <li><a href="/wiki/List_of_American_Revolutionary_War_battles" title="List of American Revolutionary War battles">Battles</a></li></ul> </div></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)"><a href="/wiki/American_Revolution#Origins" title="American Revolution">Origins</a></div><div class="sidebar-list-content mw-collapsible-content"><table class="sidebar nomobile nowraplinks" style="background-color: transparent; color: var( --color-base ); border-collapse:collapse; border-spacing:0px; border:none; width:100%; margin:0px; font-size:100%; clear:none; float:none"><tbody><tr><th class="sidebar-heading" style="padding-bottom:0;"> Context</th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="hlist"> <ul><li><a href="/wiki/Thirteen_Colonies" title="Thirteen Colonies">Thirteen Colonies</a></li> <li><a href="/wiki/Salutary_neglect" title="Salutary neglect">Salutary neglect</a></li> <li><a href="/wiki/French_and_Indian_War" title="French and Indian War">French and Indian War</a></li> <li><a href="/wiki/George_III" title="George III">George III</a></li></ul> </div></td> </tr><tr><th class="sidebar-heading" style="padding-bottom:0;"> Ideas</th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="hlist"> <ul><li><a href="/wiki/American_Enlightenment" title="American Enlightenment">American Enlightenment</a></li> <li><a href="/wiki/Republicanism_in_the_United_States" title="Republicanism in the United States">Republicanism</a></li> <li><a href="/wiki/Liberalism_in_the_United_States" title="Liberalism in the United States">Liberalism</a></li> <li>"<a href="/wiki/No_taxation_without_representation" title="No taxation without representation">No taxation without representation</a>"</li></ul> </div></td> </tr><tr><th class="sidebar-heading" style="padding-bottom:0;"> Conflict over taxation</th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="hlist"> <ul><li><a href="/wiki/Sugar_Act" title="Sugar Act">Sugar Act</a></li> <li><a class="mw-selflink selflink">Currency Act</a></li> <li><a href="/wiki/Quartering_Acts" title="Quartering Acts">Quartering Acts</a></li> <li><a href="/wiki/Stamp_Act_1765" title="Stamp Act 1765">Stamp Act 1765</a></li> <li><a href="/wiki/Sons_of_Liberty" title="Sons of Liberty">Sons of Liberty</a></li> <li><a href="/wiki/Stamp_Act_Congress" title="Stamp Act Congress">Stamp Act Congress</a></li> <li><a href="/wiki/Declaratory_Act" title="Declaratory Act">Declaratory Act</a></li> <li><a href="/wiki/Townshend_Acts" title="Townshend Acts">Townshend Acts</a></li> <li><a href="/wiki/Virginia_Association" title="Virginia Association">Virginia Association</a></li> <li><a href="/wiki/Tea_Act" title="Tea Act">Tea Act</a></li> <li><a href="/wiki/Boston_Massacre" title="Boston Massacre">Boston Massacre</a></li> <li><a href="/wiki/Boston_Tea_Party" title="Boston Tea Party">Boston Tea Party</a></li> <li><a href="/wiki/Philadelphia_Tea_Party" title="Philadelphia Tea Party">Philadelphia Tea Party</a></li> <li><a href="/wiki/Intolerable_Acts" title="Intolerable Acts">Intolerable Acts</a></li> <li><a href="/wiki/Committees_of_Correspondence" class="mw-redirect" title="Committees of Correspondence">Committees of Correspondence</a></li> <li><a href="/wiki/First_Continental_Congress" title="First Continental Congress">First Continental Congress</a></li> <li><a href="/wiki/Continental_Association" title="Continental Association">Continental Association</a></li></ul> </div></td> </tr></tbody></table></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)"><a href="/wiki/American_Revolutionary_War" title="American Revolutionary War">Revolutionary War</a></div><div class="sidebar-list-content mw-collapsible-content"><div class="hlist"> <ul><li><a href="/wiki/Continental_Army" title="Continental Army">Continental Army</a></li> <li><a href="/wiki/Continental_Navy" title="Continental Navy">Continental Navy</a></li> <li><a href="/wiki/Minutemen" title="Minutemen">Minutemen</a></li> <li><a href="/wiki/British_Army_during_the_American_Revolutionary_War" title="British Army during the American Revolutionary War">British Army</a></li> <li><a href="/wiki/History_of_the_Royal_Navy_(after_1707)" title="History of the Royal Navy (after 1707)">British Royal Navy</a></li> <li><a href="/wiki/France_in_the_American_Revolutionary_War" title="France in the American Revolutionary War">France</a></li> <li><a href="/wiki/Spain_and_the_American_Revolutionary_War" title="Spain and the American Revolutionary War">Spain</a></li> <li><a href="/wiki/List_of_American_Revolutionary_War_battles" title="List of American Revolutionary War battles">Battles</a></li> <li><a href="/wiki/Diplomacy_in_the_American_Revolutionary_War" title="Diplomacy in the American Revolutionary War">Diplomacy</a></li> <li><a href="/wiki/Intelligence_in_the_American_Revolutionary_War" title="Intelligence in the American Revolutionary War">Intelligence</a></li> <li><a href="/wiki/Treaty_of_Paris_(1783)" title="Treaty of Paris (1783)">Treaty of Paris</a></li> <li><a href="/wiki/Financial_costs_of_the_American_Revolutionary_War" title="Financial costs of the American Revolutionary War">Financial costs</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Political developments</div><div class="sidebar-list-content mw-collapsible-content"><div class="hlist"> <ul><li><a href="/wiki/Loyalist_(American_Revolution)" title="Loyalist (American Revolution)">Loyalists</a></li> <li><a href="/wiki/Patriot_(American_Revolution)" title="Patriot (American Revolution)">Patriots</a></li> <li><a href="/wiki/Women_in_the_American_Revolution" title="Women in the American Revolution">Role of women</a></li> <li><a href="/wiki/African_Americans_in_the_Revolutionary_War" title="African Americans in the Revolutionary War">Role of African Americans</a></li> <li><a href="/wiki/Second_Continental_Congress" title="Second Continental Congress">Second Continental Congress</a></li> <li><a href="/wiki/27_colonial_grievances" class="mw-redirect" title="27 colonial grievances">27 colonial grievances</a></li> <li><a href="/wiki/Olive_Branch_Petition" title="Olive Branch Petition">Olive Branch Petition</a></li> <li><a href="/wiki/Lee_Resolution" title="Lee Resolution">Lee Resolution</a></li> <li><a href="/wiki/United_States_Declaration_of_Independence" title="United States Declaration of Independence">Declaration of Independence</a></li></ul> </div> <div class="hlist"> <ul><li>(<a href="/wiki/Committee_of_Five" title="Committee of Five">Drafting</a></li> <li><a href="/wiki/Signing_of_the_United_States_Declaration_of_Independence" title="Signing of the United States Declaration of Independence">Signing</a>)</li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Forming a republic</div><div class="sidebar-list-content mw-collapsible-content"><table class="sidebar nomobile nowraplinks" style="background-color: transparent; color: var( --color-base ); border-collapse:collapse; border-spacing:0px; border:none; width:100%; margin:0px; font-size:100%; clear:none; float:none"><tbody><tr><th class="sidebar-heading" style="padding-bottom:0;"> <a href="/wiki/Confederation_period" title="Confederation period">Confederation period</a></th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="hlist"> <ul><li><a href="/wiki/Articles_of_Confederation" title="Articles of Confederation">Articles of Confederation</a> <ul><li><a href="/wiki/Perpetual_Union" title="Perpetual Union">Perpetual Union</a></li></ul></li> <li><a href="/wiki/Congress_of_the_Confederation" title="Congress of the Confederation">Congress of the Confederation</a></li> <li><a href="/wiki/Northwest_Ordinance" title="Northwest Ordinance">Northwest Ordinance</a></li></ul> </div></td> </tr><tr><th class="sidebar-heading" style="padding-bottom:0;"> Dissent and rebellions</th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="hlist"> <ul><li><a href="/wiki/Newburgh_Conspiracy" title="Newburgh Conspiracy">Newburgh Conspiracy</a></li> <li><a href="/wiki/Pennsylvania_Mutiny_of_1783" title="Pennsylvania Mutiny of 1783">Pennsylvania Mutiny of 1783</a></li> <li><a href="/wiki/Shays%27_Rebellion" class="mw-redirect" title="Shays' Rebellion">Shays' Rebellion</a></li> <li><a href="/wiki/Paper_Money_Riot" title="Paper Money Riot">Paper Money Riot</a></li></ul> </div></td> </tr><tr><th class="sidebar-heading" style="padding-bottom:0;"> <a href="/wiki/Constitution_of_the_United_States" title="Constitution of the United States">Constitution</a></th></tr><tr><td class="sidebar-content" style="padding-top:0;"> <div class="plainlist"><ul><li><a href="/wiki/Annapolis_Convention_(1786)" title="Annapolis Convention (1786)">Annapolis Convention</a></li><li><a href="/wiki/Constitutional_Convention_(United_States)" title="Constitutional Convention (United States)">Philadelphia Convention</a></li><li><i><a href="/wiki/The_Federalist_Papers" title="The Federalist Papers">The Federalist Papers</a></i></li><li><a href="/wiki/Anti-Federalist_Papers" title="Anti-Federalist Papers">Anti-Federalist Papers</a></li><li><a href="/wiki/Timeline_of_drafting_and_ratification_of_the_United_States_Constitution" title="Timeline of drafting and ratification of the United States Constitution">Raftification</a></li><li><a href="/wiki/United_States_Bill_of_Rights" title="United States Bill of Rights">Bill of Rights</a></li></ul></div></td> </tr></tbody></table></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="color: var(--color-base)">Legacy</div><div class="sidebar-list-content mw-collapsible-content"><div class="plainlist"><ul><li><a href="/wiki/United_States" title="United States">United States</a></li><li><a href="/wiki/Atlantic_Revolutions" title="Atlantic Revolutions">Atlantic Revolutions</a></li><li><a href="/wiki/American_nationalism" title="American nationalism">American nationalism</a></li><li><a href="/wiki/American_civil_religion" title="American civil religion">American civil religion</a></li><li><a href="/wiki/United_States_Bicentennial" title="United States Bicentennial">Bicentennial</a></li><li><a href="/wiki/Prospect_Hill_Flag_Debate" class="mw-redirect" title="Prospect Hill Flag Debate">Prospect Hill Flag Debate</a></li></ul></div></div></div></td> </tr><tr><td class="sidebar-below"> <span class="nowrap"><span class="nowrap"><span class="mw-image-border noviewer" typeof="mw:File"><span><img alt="flag" src="//upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/16px-Flag_of_the_United_States.svg.png" decoding="async" width="16" height="8" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/24px-Flag_of_the_United_States.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/32px-Flag_of_the_United_States.svg.png 2x" data-file-width="1235" data-file-height="650" /></span></span> </span><a href="/wiki/Portal:United_States" title="Portal:United States">United States portal</a></span></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output 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navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:American_Revolution_sidebar" title="Template:American Revolution sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:American_Revolution_sidebar" title="Template talk:American Revolution sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:American_Revolution_sidebar" title="Special:EditPage/Template:American Revolution sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p>The <b>Currency Act</b> or <b>Paper Bills of Credit Act</b><sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> is one of several <a href="/wiki/Act_of_Parliament" class="mw-redirect" title="Act of Parliament">Acts</a> of the <a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Parliament of Great Britain</a> that regulated <a href="/wiki/Paper_money" class="mw-redirect" title="Paper money">paper money</a> issued by the colonies of <a href="/wiki/British_America" title="British America">British America</a>. The Acts sought to protect British merchants and creditors from being paid in <a href="/wiki/Depreciation_(currency)" class="mw-redirect" title="Depreciation (currency)">depreciated</a> colonial currency. The policy created tension between the colonies and Great Britain and was cited as a grievance by colonists early in the <a href="/wiki/American_Revolution" title="American Revolution">American Revolution</a>. However, the consensus view among modern economic historians and economists is that the debts by colonists to British merchants were not a major cause of the Revolution. In 1995, a random survey of 178 members of the <a href="/wiki/Economic_History_Association" title="Economic History Association">Economic History Association</a> found that 92% of economists and 74% of historians disagreed with the statement, "The debts owed by colonists to British merchants and other private citizens constituted one of the most powerful causes leading to the Revolution."<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Economic_climate_of_the_colonies">Economic climate of the colonies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=1" title="Edit section: Economic climate of the colonies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>From their origin, the colonies struggled with the development of an effective medium of exchange for goods and services. After depleting the vast majority of their monetary resources through imports, the first settlers strained to keep money in circulation. They could not find a suitable medium of exchange in which the value did not depreciate. The colonists generally employed three main types of currency. The first was commodity money, using the staple of a given region as a means of exchange. The second was <a href="/wiki/Hard_money_(policy)" title="Hard money (policy)">specie</a>, or gold or silver money. Lastly, paper money (or <a href="/wiki/Fiat_money" title="Fiat money">fiat money</a>), issued in the form of a bill of exchange or a banknote, mortgaged on the value of the land that an individual owned.<sup id="cite_ref-Finkelstein,_39_4-0" class="reference"><a href="#cite_note-Finkelstein,_39-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p><p>Each year, the supply of specie in the colonies decreased due to international factors. The dearth of specie rendered it ineffective as a means of exchange for day-to-day purchases. Colonists frequently adopted a barter system to acquire the goods and services they required. Essentially, this method proved to be ineffective and a commodity system was adopted in its place. Tobacco was used as a monetary substitute in Virginia as early as 1619.<sup id="cite_ref-Finkelstein,_39_4-1" class="reference"><a href="#cite_note-Finkelstein,_39-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> A major shortcoming of this system was that the quality of the substitutes was inconsistent. The poorer qualities ended up in circulation while the finer qualities were inevitably exported. This commodity system became increasingly ineffective as colonial debts increased. </p><p>In 1690, Massachusetts became the first colony to issue paper currency. This currency was employed as a means to finance its share of the debt from <a href="/wiki/Second_Indian_War" class="mw-redirect" title="Second Indian War">King William's War</a>. Other colonies quickly followed suit, and by 1715 ten of the thirteen had resorted to the issuance of paper currency. Economist Stanley Finkelstein highlights the advantage of paper currency, "that unless it is backed by specie it is cost-free currency". The paper currency depreciated quickly because the colonies printed more than what was taxed out of circulation. By 1740, Rhode Island bills of exchange were only four percent of face value and those of Massachusetts was eleven percent.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> The money supply was growing at a much faster rate than that of the overall colonial economy, which led to <a href="/wiki/Hyperinflation" title="Hyperinflation">hyperinflation</a> and the corresponding reduction in purchasing power per unit of money. British merchants were forced to accept this depreciated currency as a repayment of debts. This led to the Currency Act of 1751.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Act_of_1751">Act of 1751</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=2" title="Edit section: Act of 1751"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Currency Act 1751</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/140px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/210px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/280px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Parliament of Great Britain</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to regulate and restrain Paper Bills of Credit in his Majesty’s Colonies or Plantations of Rhode Island and Providence Plantations, Connecticut, the Massachusets Bay, and New Hampshire in America; and to prevent the same being legal Tenders in Payments of Money.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/24_Geo._2" class="mw-redirect" title="24 Geo. 2">24 Geo. 2</a>. c. 53</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap">Territorial extent </span></th><td class="infobox-data">Colonies of Rhode Island, Providence, Connecticut, Massachusetts, and New Hampshire.</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Royal_assent" title="Royal assent">Royal assent</a></th><td class="infobox-data">25 June 1751</td></tr><tr><th scope="row" class="infobox-label">Repealed</th><td class="infobox-data dtend">15 July 1867</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Other legislation</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Repeal" title="Repeal">Repealed by</a></th><td class="infobox-data"><a href="/wiki/Statute_Law_Revision_Act_1867" title="Statute Law Revision Act 1867">Statute Law Revision Act 1867</a></td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffcccc;">Status: Repealed</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://statutes.org.uk/site/the-statutes/eighteenth-century/1751-24-george-2-c-53-the-currency-act/">Text of statute as originally enacted</a></th></tr></tbody></table> <p>The first Act, the <b>Currency Act 1751</b> (<a href="/wiki/24_Geo._2" class="mw-redirect" title="24 Geo. 2">24 Geo. 2</a>. c. 53), restricted the issue of paper money and the establishment of new public banks by the colonies of <a href="/wiki/New_England" title="New England">New England</a>.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> These colonies had issued paper <a href="/wiki/Fiat_money" title="Fiat money">fiat money</a> known as "<a href="/wiki/Bills_of_credit" title="Bills of credit">bills of credit</a>" to help pay for military expenses during the <a href="/wiki/French_and_Indian_Wars" title="French and Indian Wars">French and Indian Wars</a>. Because more paper money was issued than what was taxed out of circulation, the currency <a href="/wiki/Depreciation_(currency)" class="mw-redirect" title="Depreciation (currency)">depreciated</a> in relation to the British <a href="/wiki/Pound_sterling" title="Pound sterling">pound sterling</a>. The resultant <a href="/wiki/Inflation" title="Inflation">inflation</a> was harmful to merchants in Great Britain, who were forced to accept the depreciated currency from colonists for payment of debts.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p><p>The Act limited the future issue of bills of credit to certain circumstances. It allowed the existing bills to be used as legal tender for public debts (i.e. paying taxes), but did not allow their use for private debts (e.g. for paying merchants).<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Act_of_1764">Act of 1764</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=3" title="Edit section: Act of 1764"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Currency Act 1764</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/140px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/210px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/280px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Parliament of Great Britain</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to prevent paper bills of credit hereafter to be issued in any of His Majesty's colonies or plantations in America from being declared to be a legal tender in payments of money, and to prevent the legal tender of such bills as are now subsisting from being prolonged beyond the periods limited for calling in and sinking the same.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/4_Geo._3" class="mw-redirect" title="4 Geo. 3">4 Geo. 3</a>. c. 34</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label">Repealed</th><td class="infobox-data dtend">15 July 1867</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Other legislation</th></tr><tr><th scope="row" class="infobox-label">Amended by</th><td class="infobox-data">Paper Currency in America Act 1772</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Repeal" title="Repeal">Repealed by</a></th><td class="infobox-data"><a href="/wiki/Statute_Law_Revision_Act_1867" title="Statute Law Revision Act 1867">Statute Law Revision Act 1867</a></td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffcccc;">Status: Repealed</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://books.google.com/books?id=0L4uAAAAIAAJ&pg=PA103">Text of statute as originally enacted</a></th></tr></tbody></table> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Colony of New York Act 1770</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/140px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/210px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/280px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Parliament of Great Britain</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An act to enable the governor, council, and assembly of his Majesty's colony of New York, to pass an act of assembly for creating and issuing upon loan paper bills of credit to a certain amount; and to make the same a legal tender in payments into the loan offices and treasury of the said colony.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/10_Geo._3" class="mw-redirect" title="10 Geo. 3">10 Geo. 3</a>. c. 35</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap">Territorial extent </span></th><td class="infobox-data">Colony of New York</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Dates</th></tr><tr><th scope="row" class="infobox-label">Repealed</th><td class="infobox-data dtend">15 July 1867</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Other legislation</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Repeal" title="Repeal">Repealed by</a></th><td class="infobox-data"><a href="/wiki/Statute_Law_Revision_Act_1867" title="Statute Law Revision Act 1867">Statute Law Revision Act 1867</a></td></tr><tr><th scope="row" class="infobox-label">Relates to</th><td class="infobox-data">Currency Act 1764</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffcccc;">Status: Repealed</div></th></tr></tbody></table> <div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">United Kingdom legislation</div><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vevent mw-collapsible mw-collapsed"><tbody><tr><th colspan="2" class="infobox-above summary" style="font-size:100%"><span style="font-size:125%">Paper Currency in America Act 1772</span></th></tr><tr><td colspan="2" class="infobox-subheader" style="font-weight: bold;">Act of Parliament</td></tr><tr><td colspan="2" class="infobox-image"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/140px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png" decoding="async" width="140" height="140" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/210px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg/280px-Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span><div class="infobox-caption"><a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Parliament of Great Britain</a></div></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Short_and_long_titles" title="Short and long titles">Long title</a></th><td class="infobox-data description">An Act to explain and amend an Act made in the fourth year of His present Majesty, intituled "An Act to prevent paper bills of credit hereafter to be issued in any of His Majesty's colonies or plantations in America from being declared to be a legal tender in payments of money, and to prevent the legal tender of such bills as are now subsisting from being prolonged beyond the periods limited for calling in and sinking the same."</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Citation_of_United_Kingdom_legislation" title="Citation of United Kingdom legislation">Citation</a></th><td class="infobox-data"><a href="/wiki/13_Geo._3" class="mw-redirect" title="13 Geo. 3">13 Geo. 3</a>. c. 57</td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;">Other legislation</th></tr><tr><th scope="row" class="infobox-label">Amends</th><td class="infobox-data">Currency Act 1764</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Repeal" title="Repeal">Repealed by</a></th><td class="infobox-data"><a href="/wiki/Coinage_Act_1870" title="Coinage Act 1870">Coinage Act 1870</a></td></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><div style="background-color: #ffcccc;">Status: Repealed</div></th></tr><tr><th colspan="2" class="infobox-header" style="border-top: 1px solid #aaa;"><a rel="nofollow" class="external text" href="https://books.google.com/books?id=WrmXQpgmfMAC&pg=PA113">Text of statute as originally enacted</a></th></tr></tbody></table> <p>The <b>Currency Act 1764</b> (<a href="/wiki/4_Geo._3" class="mw-redirect" title="4 Geo. 3">4 Geo. 3</a>. c. 34) extended the 1751 Act to all of the British colonies of North America. Unlike the earlier Act, this statute did not prohibit the colonies from issuing paper money, but it did forbid them from designating future currency issues as legal tender for public and private debts. This <a href="/wiki/Tight_money_policy" class="mw-redirect" title="Tight money policy">tight money policy</a> created financial difficulties in the colonies, where gold and silver were in short supply.<sup id="cite_ref-Allen98_10-0" class="reference"><a href="#cite_note-Allen98-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Benjamin_Franklin" title="Benjamin Franklin">Benjamin Franklin</a>, a colonial agent in London, lobbied for repeal of the Act over the next several years,<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> as did other agents. The act arose when Virginia farmers continued to import during the <a href="/wiki/French_and_Indian_War" title="French and Indian War">French and Indian War</a>. Virginia issued £250,000 in bills of credit to finance both public and private debts. This legislation differed from the 1751 act in that it prohibited the colonists from designating paper currency for use as payment for any debts, public or private. Parliament did not, however, prohibit the colonists from issuing paper money.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The Act was put into place as a hedge against risks associated with economic fluctuations and uncertainty. </p><p>The colonial government of the <a href="/wiki/Province_of_New_York" title="Province of New York">Province of New York</a> insisted that the Currency Act prevented it from providing funds for British troops in compliance with the <a href="/wiki/Quartering_Act" class="mw-redirect" title="Quartering Act">Quartering Act</a>. As a result, in 1770, Parliament gave permission (<a href="/wiki/10_Geo._3" class="mw-redirect" title="10 Geo. 3">10 Geo. 3</a>. c. 35) for New York to issue £120,000 in paper currency for public but not private debts.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> Parliament extended these concessions to the other colonies in 1773 (<a href="/wiki/13_Geo._3" class="mw-redirect" title="13 Geo. 3">13 Geo. 3</a>. c. 57) by amending the Currency Act 1764, permitting the colonies to issue paper currency as legal tender for public debts.<sup id="cite_ref-Allen98_10-1" class="reference"><a href="#cite_note-Allen98-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> According to historian <a href="/w/index.php?title=Jack_Sosin&action=edit&redlink=1" class="new" title="Jack Sosin (page does not exist)">Jack Sosin</a>, the British government had made its point: </p> <style data-mw-deduplicate="TemplateStyles:r1244412712">.mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 32px}.mw-parser-output .templatequotecite{line-height:1.5em;text-align:left;margin-top:0}@media(min-width:500px){.mw-parser-output .templatequotecite{padding-left:1.6em}}</style><blockquote class="templatequote"><p>After nine years, the colonial agents had secured a paper currency for the provinces. But the Americans had tacitly, if not implicitly, acknowledged the authority of Parliament. And in the final analysis this was all the imperial government wanted.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup></p></blockquote> <div class="mw-heading mw-heading2"><h2 id="Legacy">Legacy</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=4" title="Edit section: Legacy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Currency Acts created tension between the colonies and the mother country, and were a contributing factor in the coming of the <a href="/wiki/American_Revolution" title="American Revolution">American Revolution</a>. In all of the colonies except <a href="/wiki/Delaware" title="Delaware">Delaware</a>, the Acts were considered to be a "major grievance".<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> When the <a href="/wiki/First_Continental_Congress" title="First Continental Congress">First Continental Congress</a> met in 1774, it issued a <a href="/wiki/Declaration_and_Resolves_of_the_First_Continental_Congress" title="Declaration and Resolves of the First Continental Congress">Declaration of Rights</a>, which outlined colonial objections to certain Acts of Parliament. Congress called on Parliament to repeal the Currency Act of 1764, one of seven Acts labeled "subversive of American rights".<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> </p><p>However, according to historians <a href="/w/index.php?title=Jack_Greene_(historian)&action=edit&redlink=1" class="new" title="Jack Greene (historian) (page does not exist)">Jack Greene</a> and <a href="/w/index.php?title=Richard_Jellison&action=edit&redlink=1" class="new" title="Richard Jellison (page does not exist)">Richard Jellison</a>, the currency debate was no longer really a "live issue" in 1774, due to the 1773 amendment of the Act. The controversy's most important impact was psychological, in that it helped convince many colonists that Parliament did not understand or care about their problems. Colonial leaders came to believe that they, rather than Parliament, were better suited to legislate for the colonies.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=5" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239009302">.mw-parser-output .portalbox{padding:0;margin:0.5em 0;display:table;box-sizing:border-box;max-width:175px;list-style:none}.mw-parser-output .portalborder{border:1px solid var(--border-color-base,#a2a9b1);padding:0.1em;background:var(--background-color-neutral-subtle,#f8f9fa)}.mw-parser-output .portalbox-entry{display:table-row;font-size:85%;line-height:110%;height:1.9em;font-style:italic;font-weight:bold}.mw-parser-output .portalbox-image{display:table-cell;padding:0.2em;vertical-align:middle;text-align:center}.mw-parser-output .portalbox-link{display:table-cell;padding:0.2em 0.2em 0.2em 0.3em;vertical-align:middle}@media(min-width:720px){.mw-parser-output .portalleft{clear:left;float:left;margin:0.5em 1em 0.5em 0}.mw-parser-output .portalright{clear:right;float:right;margin:0.5em 0 0.5em 1em}}</style><ul role="navigation" aria-label="Portals" class="noprint portalbox portalborder portalright"> <li class="portalbox-entry"><span class="portalbox-image"><span class="noviewer" typeof="mw:File"><span><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/32px-Bills_and_coins.svg.png" decoding="async" width="32" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/48px-Bills_and_coins.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/64px-Bills_and_coins.svg.png 2x" data-file-width="960" data-file-height="465" /></span></span></span><span class="portalbox-link"><a href="/wiki/Portal:Money" title="Portal:Money">Money portal</a></span></li></ul> <ul><li><a href="/wiki/Early_American_currency" title="Early American currency">Early American currency</a></li> <li><a href="/wiki/Gold_Standard_Act" title="Gold Standard Act">Gold Standard Act</a> of the United States (1900), also sometimes called the "Currency Act"</li> <li><a href="/wiki/Mercantilism" title="Mercantilism">Mercantilism</a></li> <li><a href="/wiki/Navigation_Acts" title="Navigation Acts">Navigation Acts</a></li> <li><a href="/wiki/Sugar_Act" title="Sugar Act">Sugar Act</a> 1764</li> <li><a href="/wiki/Stamp_Act" class="mw-redirect" title="Stamp Act">Stamp Act</a> 1765</li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=6" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <dl><dt>Notes</dt></dl> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFBritain1995" class="citation book cs1">Britain, Great (1995). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=bX8aAQAAMAAJ"><i>Current Law Statutes Annotated</i></a>. Sweet & Maxwell. p. 131.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Current+Law+Statutes+Annotated&rft.pages=131&rft.pub=Sweet+%26+Maxwell.&rft.date=1995&rft.aulast=Britain&rft.aufirst=Great&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DbX8aAQAAMAAJ&rfr_id=info%3Asid%2Fen.wikipedia.org%3ACurrency+Act" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLivesey2013" class="citation journal cs1">Livesey, James (January 2013). <a rel="nofollow" class="external text" href="https://www.cambridge.org/core/journals/journal-of-british-studies/article/free-trade-and-empire-in-the-angloirish-commercial-propositions-of-1785/A67C2B6EFDB5E706DB4803FC9D8FAD72">"Free Trade and Empire in the Anglo-Irish Commercial Propositions of 1785"</a>. <i>Journal of British Studies</i>. <b>52</b> (1): 103–127. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2Fjbr.2012.62">10.1017/jbr.2012.62</a>. <a href="/wiki/ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0021-9371">0021-9371</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+British+Studies&rft.atitle=Free+Trade+and+Empire+in+the+Anglo-Irish+Commercial+Propositions+of+1785&rft.volume=52&rft.issue=1&rft.pages=103-127&rft.date=2013-01&rft_id=info%3Adoi%2F10.1017%2Fjbr.2012.62&rft.issn=0021-9371&rft.aulast=Livesey&rft.aufirst=James&rft_id=https%3A%2F%2Fwww.cambridge.org%2Fcore%2Fjournals%2Fjournal-of-british-studies%2Farticle%2Ffree-trade-and-empire-in-the-angloirish-commercial-propositions-of-1785%2FA67C2B6EFDB5E706DB4803FC9D8FAD72&rfr_id=info%3Asid%2Fen.wikipedia.org%3ACurrency+Act" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWhaples1995" class="citation journal cs1"><a href="/wiki/Robert_Whaples" title="Robert Whaples">Whaples, Robert</a> (March 1995). "Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions". <i><a href="/wiki/The_Journal_of_Economic_History" title="The Journal of Economic History">The Journal of Economic History</a></i>. <b>55</b> (1): 139–154. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1017%2FS0022050700040602">10.1017/S0022050700040602</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/2123771">2123771</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:145691938">145691938</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Journal+of+Economic+History&rft.atitle=Where+Is+There+Consensus+Among+American+Economic+Historians%3F+The+Results+of+a+Survey+on+Forty+Propositions&rft.volume=55&rft.issue=1&rft.pages=139-154&rft.date=1995-03&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A145691938%23id-name%3DS2CID&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F2123771%23id-name%3DJSTOR&rft_id=info%3Adoi%2F10.1017%2FS0022050700040602&rft.aulast=Whaples&rft.aufirst=Robert&rfr_id=info%3Asid%2Fen.wikipedia.org%3ACurrency+Act" class="Z3988"></span></span> </li> <li id="cite_note-Finkelstein,_39-4"><span class="mw-cite-backlink">^ <a href="#cite_ref-Finkelstein,_39_4-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Finkelstein,_39_4-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Finkelstein, 39.</span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Finkelstein, 39–40.</span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">Ward, 462.</span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text">"Review: Money and Politics in America, 1755–1775: A Study in the Currency Act 1764 and the Political Economy of Revolution," 462."</span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text">Allen, 96.</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text">Allen, 96–98.</span> </li> <li id="cite_note-Allen98-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-Allen98_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Allen98_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Allen, 98.</span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">Morgan, 128.</span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text">Walton & Rockoff, p. 105</span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text">Sosin, 196.</span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text">Sosin, 198.</span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text">Greene and Jellison, 517.</span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text">Reid, 265.</span> </li> <li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text">Greene and Jellison, 518.</span> </li> </ol></div></div> <dl><dt>Bibliography</dt></dl> <ul><li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFAllen2009" class="citation book cs1">Allen, Larry (2009). <span class="id-lock-limited" title="Free access subject to limited trial, subscription normally required"><a rel="nofollow" class="external text" href="https://archive.org/details/encyclopediamone00alle"><i>The Encyclopedia of Money</i></a></span> (2nd ed.). <a href="/wiki/Santa_Barbara,_California" title="Santa Barbara, California">Santa Barbara, CA</a>: <a href="/wiki/ABC-CLIO" class="mw-redirect" title="ABC-CLIO">ABC-CLIO</a>. pp. <a rel="nofollow" class="external text" href="https://archive.org/details/encyclopediamone00alle/page/n114">96</a>–98. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1598842517" title="Special:BookSources/978-1598842517"><bdi>978-1598842517</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Encyclopedia+of+Money&rft.place=Santa+Barbara%2C+CA&rft.pages=96-98&rft.edition=2nd&rft.pub=ABC-CLIO&rft.date=2009&rft.isbn=978-1598842517&rft.aulast=Allen&rft.aufirst=Larry&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Fencyclopediamone00alle&rfr_id=info%3Asid%2Fen.wikipedia.org%3ACurrency+Act" class="Z3988"></span></li> <li>Finkelstein, Stanley S. "The Currency Act of 1764: A Quantitative Reappraisal." <i>The American Economist</i> 12.2 (1968): 38–47.</li> <li>Greene, Jack P. and Richard M. Jellison. "The Currency Act of 1764 in Imperial-Colonial Relations, 1764–1776". <i>The William and Mary Quarterly</i>, Third Series, Vol. 18, No. 4 (October 1961), 485–518.</li> <li>Morgan, David. <i>The Devious Dr. Franklin, Colonial Agent: Benjamin Franklin's Years in London</i>. Macon, Georgia: Mercer University Press, 1999.</li> <li>Reid, John Phillip. <i>Constitutional History of the American Revolution, III: The Authority to Legislate</i>. Madison: University of Wisconsin Press, 1991. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-299-13070-3" title="Special:BookSources/0-299-13070-3">0-299-13070-3</a>.</li> <li>Sosin, Jack M. "Imperial Regulation of Colonial Paper Money, 1764–1773". <i>Pennsylvania Magazine of History and Biography</i>, Volume 88, Number 2 (April 1964), 174–98.</li> <li>Walton, Gary M., and Hugh Rockoff. <i>History of the American Economy</i>. 11th ed. Mason, OH: South-Western/Cengage Learning, 2010.</li> <li>Ward, Harry M. "Review: Money and Politics in America, 1755–1775: A Study in the Currency Act of 1764 and the Political Economy of Revolution." <i>The Journal of Southern History</i> 40.3 (1974): 460–462.</li></ul> <dl><dt>Further reading</dt></dl> <ul><li>Brock, Leslie V. <i>The currency of the American colonies, 1700–1764: a study in colonial finance and imperial relations.</i> Dissertations in American economic history. New York: Arno Press, 1975. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-405-07257-0" title="Special:BookSources/0-405-07257-0">0-405-07257-0</a>.</li> <li>Ernst, Joseph Albert. <i>Money and politics in America, 1755–1775; a study in the Currency act of 1764 and the political economy of revolution</i>. Chapel Hill: University of North Carolina Press, 1973. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-8078-1217-X" title="Special:BookSources/0-8078-1217-X">0-8078-1217-X</a>.</li></ul> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Currency_Act&action=edit&section=7" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=I643AAAAMAAJ&pg=PA306">Currency Act 1751 (24 Geo. 2. c. 53)</a></li> <li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=0L4uAAAAIAAJ&pg=PA103">Currency Act 1764 (4 Geo. 3. c. 34)</a></li> <li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=WrmXQpgmfMAC&pg=PA113">Currency Act 1773 (13 Geo. 3. c. 57)</a></li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output 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Great Britain"><img alt="Kingdom of Great Britain" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f2/Flag_of_Great_Britain_%281707%E2%80%931800%29.svg/23px-Flag_of_Great_Britain_%281707%E2%80%931800%29.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f2/Flag_of_Great_Britain_%281707%E2%80%931800%29.svg/35px-Flag_of_Great_Britain_%281707%E2%80%931800%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f2/Flag_of_Great_Britain_%281707%E2%80%931800%29.svg/46px-Flag_of_Great_Britain_%281707%E2%80%931800%29.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Law_of_the_United_Kingdom" title="Law of the United Kingdom">British laws</a> relating to the <a href="/wiki/American_Revolution" title="American Revolution">American Revolution</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div><a href="/wiki/Proclamation" title="Proclamation">Royal Proclamations</a>, <a href="/wiki/Parliament_of_Great_Britain" title="Parliament of Great Britain">Acts of Parliament</a>, and other legal issues relating to the <a href="/wiki/American_Revolution" title="American Revolution">American Revolution</a></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Before 1763</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Navigation_Acts" title="Navigation Acts">Navigation Acts</a></li> <li><a href="/wiki/Wool_Act_1698" title="Wool Act 1698">Wool Act</a> (1699)</li> <li><a href="/wiki/Hat_Act_1731" title="Hat Act 1731">Hat Act</a> (1732)</li> <li><a href="/wiki/Molasses_Act" title="Molasses Act">Molasses Act</a> (1733)</li> <li><a href="/wiki/Iron_Act" title="Iron Act">Iron Act</a> (1750)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Grenville_ministry" title="Grenville ministry">Grenville ministry</a><br />(1763–1765)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Royal_Proclamation_of_1763" title="Royal Proclamation of 1763">Royal Proclamation of 1763</a></li> <li><a href="/wiki/Sugar_Act" title="Sugar Act">Sugar Act</a> (1764)</li> <li><a class="mw-selflink selflink">Currency Act</a> (1764)</li> <li><a href="/wiki/Quartering_Acts" title="Quartering Acts">Quartering Act</a> (1765)</li> <li><a href="/wiki/Stamp_Act_1765" title="Stamp Act 1765">Stamp Act</a> (1765)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/First_Rockingham_ministry" title="First Rockingham ministry">Rockingham ministry</a><br />(1765–1766)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Stamp_Act_1765#Repeal" title="Stamp Act 1765">Repeal Act</a> (March 1766)</li> <li><a href="/wiki/Declaratory_Act" title="Declaratory Act">Declaratory Act</a> (March 1766)</li> <li><a href="/wiki/Revenue_Act_1766" title="Revenue Act 1766">Revenue Act</a> (June 1766)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Chatham_ministry" title="Chatham ministry">Chatham</a> and <a href="/wiki/Grafton_ministry" title="Grafton ministry">Grafton</a><br />ministries (1766–1770)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Townshend_Acts" title="Townshend Acts">Townshend Acts</a> (1767)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/North_ministry" title="North ministry">North ministry</a><br />(1770–1782)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Townshend_Acts#Partial_repeal" title="Townshend Acts">Repeal Act</a> (1770)</li> <li><a href="/wiki/Tea_Act" title="Tea Act">Tea Act</a> (1773)</li> <li><a href="/wiki/Intolerable_Acts" title="Intolerable Acts">Coercive Acts</a> (1774: <ul><li><a href="/wiki/Boston_Port_Act" title="Boston Port Act">Boston Port Act</a></li> <li><a href="/wiki/Massachusetts_Government_Act" title="Massachusetts Government Act">Massachusetts Government Act</a></li> <li><a href="/wiki/Administration_of_Justice_Act_1774" title="Administration of Justice Act 1774">Administration of Justice Act</a></li> <li><a href="/wiki/Quartering_Acts#Quartering_Act_1774" title="Quartering Acts">Quartering Act</a></li> <li><a href="/wiki/Quebec_Act" title="Quebec Act">Quebec Act</a></li></ul></li> <li><a href="/wiki/Conciliatory_Resolution" title="Conciliatory Resolution">Conciliatory Resolution</a> (February 1775)</li> <li><a href="/wiki/Restraining_Acts_1775" title="Restraining Acts 1775">Restraining Acts</a> (March and April 1775)</li> <li><a href="/wiki/Proclamation_of_Rebellion" title="Proclamation of Rebellion">Proclamation of Rebellion</a> (August 1775)</li> <li><a href="/wiki/Prohibitory_Act" title="Prohibitory Act">Prohibitory Act</a> (December 1775)</li> <li><a href="/wiki/Taxation_of_Colonies_Act_1778" title="Taxation of Colonies Act 1778">Taxation of Colonies Act</a> (1778)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other legal issues</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Rights_of_Englishmen" title="Rights of Englishmen">Rights of Englishmen</a></li> <li><a href="/wiki/Writ_of_assistance" title="Writ of assistance">Writ of assistance</a></li> <li><a href="/wiki/Admiralty_court" title="Admiralty court">Admiralty courts</a></li> <li><a href="/wiki/Parson%27s_Cause" title="Parson's Cause">Parson's Cause</a> (1763)</li> <li><a href="/wiki/No_taxation_without_representation" title="No taxation without representation">Taxation without representation</a></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:British_laws_relating_to_the_American_Revolution" title="Category:British laws relating to the American Revolution">Category</a></li></ul> </div></td></tr></tbody></table></div> <div 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href="/wiki/History_of_central_banking_in_the_United_States" title="History of central banking in the United States">central banking in the United States</a> (<a href="/wiki/Federal_Reserve_Act" title="Federal Reserve Act">pre–1913</a>)</div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><a href="/wiki/Monetary_policy_of_the_United_States" title="Monetary policy of the United States">Monetary policy of the United States</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Commercial_Revolution" class="mw-redirect" title="Commercial Revolution">Commercial Revolution</a><br />(1607–1760)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bills_of_credit" title="Bills of credit">Bills of credit</a> (c. 1690–1750)</li> <li><a href="/wiki/Tobacco_Inspection_Act" title="Tobacco Inspection Act">Tobacco Inspection Act</a> (1730)</li> <li><a href="/wiki/Maryland_Tobacco_Inspection_Act_of_1747" title="Maryland Tobacco Inspection Act of 1747">Maryland Tobacco Inspection Act of 1747</a></li> <li><a class="mw-selflink selflink">Currency Acts</a> (1751; 1764)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Industrial_Revolution" title="Industrial Revolution">1st Industrial Revolution</a><br />(1760–1840)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Second_Continental_Congress" title="Second Continental Congress">Second Continental Congress</a> (1776–1780)</li> <li><a href="/wiki/Banknotes_of_the_United_States_dollar" title="Banknotes of the United States dollar">U.S. dollar banknotes</a> (1775–)</li> <li><a href="/wiki/Continental_currency_banknotes" title="Continental currency banknotes">Continental currency banknotes</a> (1775–1779)</li> <li><a href="/wiki/Bank_of_Pennsylvania" title="Bank of Pennsylvania">Bank of Pennsylvania</a> (1780–1781)</li> <li><a href="/wiki/Superintendent_of_Finance_of_the_United_States" title="Superintendent of Finance of the United States">U.S. Finance Superintendent</a> (1781–1785)</li> <li><a href="/wiki/Bank_of_North_America" title="Bank of North America">Bank of North America</a> (1781–1791)</li> <li><a href="/wiki/Article_One_of_the_United_States_Constitution" title="Article One of the United States Constitution">Article I of the U.S. Constitution</a> <ul><li>1787–1788; <a href="/wiki/Article_One_of_the_United_States_Constitution#Section_8:_Powers_of_Congress" title="Article One of the United States Constitution">Section VIII</a></li> <li><a href="/wiki/Article_One_of_the_United_States_Constitution#Section_10:_Limits_on_the_States" title="Article One of the United States Constitution">Section X</a></li></ul></li> <li><a href="/wiki/United_States_Department_of_the_Treasury" title="United States Department of the Treasury">U.S. Treasury Department</a> <ul><li>1789–1913; <a href="/wiki/United_States_Secretary_of_the_Treasury" title="United States Secretary of the Treasury">U.S. Treasury Secretary</a></li></ul></li> <li><a href="/wiki/United_States_Treasury_security" title="United States Treasury security">U.S. Treasury security</a> (1789–present)</li> <li><a href="/wiki/First_Bank_of_the_United_States" title="First Bank of the United States">First Bank of the United States</a> (1791–1811)</li> <li><a href="/wiki/Coinage_Act_of_1792" title="Coinage Act of 1792">Coinage Act of 1792</a></li> <li><a href="/wiki/United_States_Mint" title="United States Mint">United States Mint</a> (1792–1873)</li> <li><a href="/wiki/Coins_of_the_United_States_dollar" title="Coins of the United States dollar">U.S. dollar coins</a> (1792–)</li> <li><a href="/wiki/Half_dime" title="Half dime">Half dime</a> (1792–1873)</li> <li><a href="/wiki/1792_half_disme" title="1792 half disme">1792 half disme</a></li> <li><a href="/wiki/Half_cent_(United_States_coin)" title="Half cent (United States coin)">Half cent</a> (1793–1857)</li> <li><a href="/wiki/Large_cent" title="Large cent">Large cent</a> (1793–1857)</li> <li><a href="/wiki/Treasury_Note_(19th_century)" title="Treasury Note (19th century)">Treasury Note</a> (1812–1913)</li> <li><a href="/wiki/Banking_in_the_Jacksonian_Era" title="Banking in the Jacksonian Era">Banking in the Jacksonian Era</a> <ul><li><a href="/wiki/Second_Bank_of_the_United_States" title="Second Bank of the United States">Second Bank of the United States</a>, 1816–1836</li> <li><a href="/wiki/Suffolk_Bank" title="Suffolk Bank">Suffolk Bank</a>, 1818–1858</li> <li><i><a href="/wiki/McCulloch_v._Maryland" title="McCulloch v. Maryland">McCulloch v. Maryland</a></i>, 1819</li> <li><a href="/wiki/Safety_Fund_System" title="Safety Fund System">New York Safety Fund System</a>, 1829–1842</li> <li><a href="/wiki/Bank_War" title="Bank War">Bank War</a>, 1832–1836</li> <li><a href="/wiki/Coinage_Act_of_1834" title="Coinage Act of 1834">Coinage Act of 1834</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_United_States_(1849%E2%80%931865)" title="History of the United States (1849–1865)">Civil War Era</a><br />(1840–1870)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Free_banking" title="Free banking">Free banking</a> (1836–1865)</li> <li><a href="/wiki/Wildcat_banking" title="Wildcat banking">Wildcat banking</a> (1836–1865)</li> <li><a href="/wiki/The_Forstall_System" title="The Forstall System">Forstall System</a> (1842–1865)</li> <li><a href="/wiki/Independent_Treasury" title="Independent Treasury">Independent U.S. Treasury</a> (1846–1913)</li> <li><a href="/wiki/Coinage_Act_of_1849" title="Coinage Act of 1849">Coinage Act of 1849</a></li> <li><a href="/wiki/Three-cent_silver" title="Three-cent silver">Three-cent silver</a> (1851–1873)</li> <li><a href="/wiki/Coinage_Act_of_1853" title="Coinage Act of 1853">Coinage Act of 1853</a></li> <li><a href="/wiki/The_Clearing_House" title="The Clearing House">New York Clearing House Association</a> (1853–1863)</li> <li><a href="/wiki/Coinage_Act_of_1857" title="Coinage Act of 1857">Coinage Act of 1857</a></li> <li><a href="/wiki/Demand_Note" title="Demand Note">Demand Note</a> (1861–1862)</li> <li><a href="/wiki/Legal_Tender_Cases" title="Legal Tender Cases">Legal Tender Act of 1862</a></li> <li><a href="/wiki/United_States_Note" title="United States Note">United States Note</a> (1862–1971)</li> <li><a href="/wiki/Fractional_currency" title="Fractional currency">Fractional currency</a> (1862–1876)</li> <li><a href="/wiki/National_Bank_Act" title="National Bank Act">National Bank Acts</a> (1863; 1864)</li> <li><a href="/wiki/Interest_bearing_note" title="Interest bearing note">Interest bearing note</a> (1863–1865)</li> <li><a href="/wiki/History_of_central_banking_in_the_United_States" title="History of central banking in the United States">National banks system</a> (1863–1913)</li> <li><a href="/wiki/National_Bank_Note" title="National Bank Note">National Bank Note</a> (1863–c. 1930)</li> <li><a href="/wiki/Gold_certificate_(United_States)" title="Gold certificate (United States)">Gold certificate</a> (1863–1933)</li> <li><a href="/wiki/Compound_interest_treasury_note" title="Compound interest treasury note">Compound interest treasury note</a> (1863–1864)</li> <li><a href="/wiki/Coinage_Act_of_1864" title="Coinage Act of 1864">Coinage Act of 1864</a></li> <li><a href="/wiki/Two-cent_piece_(United_States)" title="Two-cent piece (United States)">Two-cent piece</a> (1864–1873)</li> <li><a href="/wiki/Three-cent_nickel" title="Three-cent nickel">Three-cent nickel</a> (1865–1889)</li> <li><a href="/wiki/Contraction_Act_of_1866" title="Contraction Act of 1866">Contraction Act of 1866</a></li> <li><a href="/wiki/Public_Credit_Act_of_1869" title="Public Credit Act of 1869">Public Credit Act of 1869</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Second_Industrial_Revolution" title="Second Industrial Revolution">2nd Industrial Revolution</a><br />(1870–1914)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><i><a href="/wiki/Legal_Tender_Cases" title="Legal Tender Cases">Legal Tender Cases</a></i></li> <li><i><a href="/wiki/Hepburn_v._Griswold" title="Hepburn v. Griswold">Hepburn v. Griswold</a></i> (1870)</li> <li><a href="/wiki/Currency_Act_of_1870" title="Currency Act of 1870">Currency Act of 1870</a></li> <li><a href="/wiki/National_Gold_Bank_Note" title="National Gold Bank Note">National Gold Bank Note</a> (1870–1875)</li> <li><i><a href="/wiki/Knox_v._Lee" title="Knox v. Lee">Knox v. Lee</a></i> (1871)</li> <li><a href="/wiki/Coinage_Act_of_1873" title="Coinage Act of 1873">Coinage Act of 1873</a></li> <li><a href="/wiki/Free_silver" title="Free silver">Free silver</a></li> <li><a href="/wiki/Specie_Payment_Resumption_Act" title="Specie Payment Resumption Act">Specie Payment Resumption Act</a> (1875)</li> <li><a href="/wiki/Twenty-cent_piece_(United_States_coin)" title="Twenty-cent piece (United States coin)">Twenty-cent piece</a> (1875–1878)</li> <li><a href="/wiki/Bland%E2%80%93Allison_Act" title="Bland–Allison Act">Bland–Allison Act</a> (1878)</li> <li><a href="/wiki/Silver_certificate_(United_States)" title="Silver certificate (United States)">Silver certificate</a> (1878–1964)</li> <li><a href="/wiki/Refunding_Certificate" title="Refunding Certificate">Refunding Certificate</a> (1879–1907)</li> <li><i><a href="/wiki/Juilliard_v._Greenman" title="Juilliard v. Greenman">Juilliard v. Greenman</a></i> (1884)</li> <li><a href="/wiki/Sherman_Silver_Purchase_Act" title="Sherman Silver Purchase Act">Sherman Silver Purchase Act</a> (1890)</li> <li><a href="/wiki/Treasury_Note_(1890%E2%80%931891)" title="Treasury Note (1890–1891)">Treasury Note</a> (1890–1891)</li> <li><a href="/wiki/Gold_Standard_Act" title="Gold Standard Act">Gold Standard Act</a> (1900)</li> <li><a href="/wiki/Aldrich%E2%80%93Vreeland_Act" title="Aldrich–Vreeland Act">Aldrich–Vreeland Act</a> (1908)</li> <li><a href="/wiki/National_Monetary_Commission" title="National Monetary Commission">National Monetary Commission</a> (1909–1912)</li> <li><a href="/wiki/Federal_Reserve_Act" title="Federal Reserve Act">Federal Reserve Act</a> (1913)</li></ul> </div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Currency_Act&oldid=1254238477">https://en.wikipedia.org/w/index.php?title=Currency_Act&oldid=1254238477</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Laws_leading_to_the_American_Revolution" title="Category:Laws leading to the American Revolution">Laws leading to the American Revolution</a></li><li><a href="/wiki/Category:Great_Britain_Acts_of_Parliament_1751" title="Category:Great Britain Acts of Parliament 1751">Great Britain Acts of Parliament 1751</a></li><li><a href="/wiki/Category:Great_Britain_Acts_of_Parliament_1764" title="Category:Great Britain Acts of Parliament 1764">Great Britain Acts of Parliament 1764</a></li><li><a href="/wiki/Category:Great_Britain_Acts_of_Parliament_1773" title="Category:Great Britain Acts of Parliament 1773">Great Britain Acts of Parliament 1773</a></li><li><a href="/wiki/Category:1751_in_the_Thirteen_Colonies" title="Category:1751 in the Thirteen Colonies">1751 in the Thirteen Colonies</a></li><li><a href="/wiki/Category:1764_in_the_Thirteen_Colonies" title="Category:1764 in the Thirteen Colonies">1764 in the Thirteen Colonies</a></li><li><a href="/wiki/Category:1773_in_the_Thirteen_Colonies" title="Category:1773 in the Thirteen Colonies">1773 in the Thirteen Colonies</a></li><li><a href="/wiki/Category:Acts_of_the_Parliament_of_Great_Britain" title="Category:Acts of the Parliament of Great Britain">Acts of the Parliament of Great Britain</a></li><li><a href="/wiki/Category:18th_century_in_economic_history" title="Category:18th century in economic history">18th century in economic history</a></li><li><a href="/wiki/Category:Currency_legislation" title="Category:Currency legislation">Currency legislation</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_is_different_from_Wikidata" title="Category:Short description is different from Wikidata">Short description is different from Wikidata</a></li><li><a href="/wiki/Category:Use_dmy_dates_from_April_2022" title="Category:Use dmy dates from April 2022">Use dmy dates from April 2022</a></li><li><a href="/wiki/Category:Short_description_matches_Wikidata" title="Category:Short description matches Wikidata">Short description matches Wikidata</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 30 October 2024, at 01:38<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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