-
And Grenville basically--He's trying to assert control
-
over the monetary system too.
-
So in 1764, he passes the Currency Act,
-
and the Currency Act says the colonies can't issue money;
-
that any act passed by a colonial legislature
-
that violates this act is null and void;
-
and that any colonial governor
-
who consented to such an act on the part of the colonies--
-
any colonial governor that allows his colony to produce currency--
-
would be fined a thousand pounds,
-
which is a huge amount of money at that point,
-
would be dismissed from office,