George III (r. 1760 – 1776 in the colonies, died 1820) lends his assent to the Currency Act of 1764, extending to all of the North American colonies the restrictions on the authority of the New England colonies to issue Bills of Credit (legal tender) in lieu of lawful Money (gold and silver Coin); the act prohibits the colonies from issuing any new Bills of Credit.

       NOTE: The Currency Acts were most pernicious to the colonies as they had very little gold and silver Coin with which to trade with Great Britain.  Furthermore, the Navigation Acts had prohibited the colonies from trading directly with other nations in Europe; they had to ship first to Great Britain, and pay tribute before going outside the realm.

       [added 6/5/2021]