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George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 5, 13th edition., Chapter 8: (search)
l tax was common in America; but, applied by parliament, would fall unequally upon the colonies holding slaves. The difficulty in collecting quit-rents, proved that a land tax would meet with formidable obstacles. An excise was thought of, but kept in reserve. An issue of exchequer bills to be kept in circulation as the currency of the continent, was urged on the ministry, but conflicted with the policy of acts of parliament against the use of paper money in the colonies. Every body Cornwall in Cavendish. who reasoned on the subject, decided for chap. VIII.} 1763. Sept. a stamp tax, as certain of collection; and in America, where lawsuits were frequent, as likely to be very productive. A stamp act had been proposed to Sir St. Robert Walpole; it had been thought of by Pelham; it had been almost resolved upon in 1755; it had been pressed upon Pitt; it seems beyond a doubt to have been a part of the system adopted in the ministry of Bute, and was sure of the support of Charles T