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This act was passed to assert the authority of the British government to tax its subjects in North America after it repealed the much-hated Stamp Act.
On March 18, 1766, George III approved Parliament's repeal of the Stamp Act and its passage of the Declaratory Act.
The Declaratory Act of 1766 declared that the British Parliament had the absolute right to tax colonies in North America. At first, the Act did not greatly upset the colonists; however, when the Townshend Acts of 1787 began limiting colonial assembly, colonists felt that the British government was acting tyrannical.
The 1766 food riots took place across England in response to rises in the prices of wheat and other cereals following a series of poor harvests. Riots were sparked by the first largescale exports of grain in August and peaked in September–October. Around 131 riots were recorded, though many were relatively non-violent.
On March 18, 1766, George III approved Parliament's repeal of the Stamp Act and its passage of the Declaratory Act.