B. The Act of Toleration
1649 the Maryland Governor passed the act.
Stated that all believers in Jesus should tolerate each other. Protestantism was gaining the upper hand, in a colony founded by Catholics fleeing persecution in England and parts of Europe.
WASP: White, Anglo Saxon, Protestant was prevailing prejudice in most of the colonies. Catholics were kept out of political office, upward mobility was limited.
Banks make the most money and take the most risk with an interest rate of
18 percent because the more interest you give in the more risk you'll lose it.