The first major American opposition to British policy came in 1765 after Parliament passed the Stamp Act, a taxation measure designed to raise revenues for a standing British army in America. Under the banner of “no taxation without representation,” colonists convened the Stamp Act Congress in October 1765 to vocalize their opposition to the tax. With its enactment in November, most colonists called for a boycott of British goods, and some organized attacks on customhouses and homes of tax collectors.
After months of protest in the colonies, Parliament finally voted to repeal the Stamp Act in March 1766. Most colonists continued to quietly accept British rule until Parliament’s enactment of the Tea Act in 1773, a bill designed to save the faltering British East India Company by greatly lowering its tea tax and granting it a monopoly on the American tea trade. The low tax allowed the company to undercut even tea smuggled into America by Dutch traders, and many colonists viewed the act as another example of taxation tyranny. Hope this helps!
Answer:
In hindsight, <u>from the Gilded Age </u><u>monopolists </u><u>perspective they would say that they have pushed too far with manipulation of prices and thus brought negative reaction and counter measures from the general public.</u> In particular, farmers in the Western country demanded that the government set maximum prices on railroads because monopolist had uncontrolled pricing power. Through the Granger movement they achieved passing of some of the ‘Granger Laws’ and set pricing limit on some services.
This concerned other industries as well. For example, the famous <u>Robber baron</u> Vanderbilt was competing with steamboat monopoly that controlled transportation between New York City and Albany. Using populist rhetoric and peoples line to bring down monopolies, he was trying to pave the way for his own business. Meanwhile, <u>the monopolistic Hudson River Steamboat Association end up paying him a great amount of money so that he would stop doing it</u>.
