The Stamp Act 1765
On February 6th, 1765 George Grenville rose in Parliament to offer the fifty-five resolutions of his Stamp Bill. A motion was offered to first read petitions from the Virginia colony and others was denied. The bill was passed on February 17, approved by the Lords on March 8th, and two weeks later ordered in effect by the King. The Stamp Act was Parliament's first serious attempt to assert governmental authority over the colonies. Great Britain was faced with a massive national debt following the Seven Years War. That debt had grown from £72,289,673 in 1755 to £129,586,789 in 1764*. English citizens in Britain were taxed at a rate that created a serious threat of revolt.