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ty of support generated by the Stamp Act. The lack of strong reaction may have been the result of a number of factors. The Townshend duties applied to goods which were less widely used than those affected by the Stamp Act. The Virginia economy was still struggling to recover its forward momentum, and the merchants who had to bear the greatest burden in the boycott were reluctant to protest too strongly. In addition, the colonists had a feeling the duties would be repealed. Most importantly, the imposition of a duty to pay for the governor's salary was no issue in Virginia where the assembly had given the governor a permanent salary in 1682. In 1770 the duties, except for the Tea Tax, were repealed. George Mason, Thomas Nelson, Jr., and Thomas Jefferson lamented the retention of the Tea Tax as a symbol of British oppression and supported the half-hearted "association". Most Virginians agreed with Robert Carter Nicholas' plea: Let things but return to their old channel, and all will be well; We shall once more be a happy people. The False Interlude, 1770-1773 The Chesapeake tobacco economy rebounded sharply upward in the early 1770's. The recovery from the recession of the 1760's soothed many ruffled feelings and Virginians were "once more a happy people." Unfortunately it was a false prosperity. The old economic problems reappeared in 1773. Overproduction of tobacco, overextension of credit by British merchants, speculation in lands and tobacco, and inflated prices caused the tobacco economy to collapse. The crisis first appeared when several leading Glasgow merchants failed. They were unable to pay their own creditors and unable to call in money from Virginia. Several large London firms followed the Scots into bankruptcy, and a general retrenchment of tobacco credit followed throughout 1773 and into 1774. The calm produced by repeal of the duties also was false. There were many Englishmen who understood the problem. Said Edmund Burk, the most creditable opponent of the various tax schemes and the most cogent defender of colonial liberty in parliament: The Americans have made a discovery, or think they have made one, that we mean to oppress them. We have made a discovery, or think we have made one, that they intend to rise in rebellion against us... we know not how to advance; they know not how to retreat.... Lord North put his finger squarely on the issue as it remained unresolv
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