PHLB20H3 Study Guide - Midterm Guide: First Continental Congress, New York State Assembly, Edward Hide
Document Summary
Legislatu(cid:396)es (cid:272)o(cid:374)t(cid:396)olled (cid:271)udget, a(cid:374)d (cid:272)olo(cid:374)ial offi(cid:272)ials" pa(cid:455), (cid:271)ut (cid:374)ot appoi(cid:374)t(cid:373)e(cid:374)ts. Many governors avoided punishment for small mistakes. Huge transaction cost and huge principal-agent problems. Middle of 18th century, these dynamics changed. Britian and france spent lots of money fighting each other, including much in north. Now there is a demand not for a governor, but for a police to keep safe and secure from aboriginal people. Stamp tax 1765: fee for government services, for the colonies, it was seen as a state tyranny, no taxation without representation. Mob response to physically harass tax collectors was also seen as inappropriate. To balance budget, taxed american colonists on goods shipped from england. Colonial response: non-importation agreements cut british exports to america, little money collected, 1770 all but tax on tea repealed, successful collective action. Baby steps to revolution: 1774: first continental congress, briefly discussed pan-(cid:272)olo(cid:374)ial go(cid:448)e(cid:396)(cid:374)a(cid:374)(cid:272)e st(cid:396)u(cid:272)tu(cid:396)es (be(cid:374) f(cid:396)a(cid:374)kli(cid:374)"s.
