- Compared to the West Indies, British North America was economically trivial in the 18th century. In 1773, for example, British imports from Jamaica alone were five times more valuable than those from all of the North American colonies combined.
The issue of taxation had immense symbolic importance on both sides of the Atlantic. Like most of his fellow members of Parliament, [Lord Frederick] North regarded the right of Britain to tax America as integral to the absolute and indivisible supremacy of Parliament over America. The concept of parliamentary sovereignty was more than an abstract doctrine. It had emotional resonance as a constitutional victory won against the monarchy in the Glorious Revolution, following the deposition of James II in 1688. It was regarded as essential for the protection of liberty in general. For Britain, the right to tax the colonies was fundamental to its authority to govern America. At the same time, taxation united colonial opposition more than any other grievance.