Answer:
Explanation:Paying for the War The French and Indian War was fought between the British American colonies and the French, who had allied with the American Indians. It lasted from 1754 to 1763. The American colonies eventually won the war, but only with the help of the British army. The British government felt that the colonies should share in the expense of the war and help to pay for the British troops in the Americas. The Stamp Act of 1765 was a tax to help the British pay for the French and Indian War. The British felt they were well justified in charging this tax because the colonies were receiving the benefit of the British troops and needed to help pay for the expense. The colonists didn't feel the same.
Answer: can you add more context?
Explanation:
His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
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