Note 266 — Chapter X
Reading edition
Prior Documents, etc., p. 5.
"The taxes of Great Britain exceeded by £3,000,000 what they were in 1754, before the war; yet the present object was only to make the colonies maintain their own army. Besides the taxes on trade, which were immediately to be imposed, Mr. Grenville gave notice in the House that it was his intention, in the next session, to bring in a Bill imposing stamp duties in America; and the reasons for giving such notice were, because he understood some people entertained doubts of the power of Parliament to impose internal taxes on the colonies, and because that, of all the schemes which had fallen under his consideration, he thought a Stamp Act was the best. But he was not so wedded to it as to be unwilling to give it up for any one that might appear more eligible; or if the colonies themselves thought any other mode would be more expedient, he should have no objection to come to it by Act of Parliament. At that time the merits of the question were opened at large. The opponents of the Government were publicly called upon to deny, if they thought it fitting, the right of the Legislature to impose any tax, internal or external, on the colonies; and not a single member ventured to controvert the right. Upon a solemn question asked in a full House, there was not one negative." (Bancroft's History of the United States, Vol. V., Chap. ix., pp. 186, 187.)