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this program examines the period from 1763 to 1775 discussing the transformation of the American colonies from loyal provinces of the British Empire into states of open Revolution its January 1763 the date shown on the bottom right the Monarch is King George III shown below the date the Prime Minister abbreviated here as PM in January 1763 is Jon Stewart the prime minister in this final stage of British colonial America is critical while George is the king its actually through Parliament that taxes will be passed so the Prime Minister and Parliament is of a central importance in February 1763 the French and Indian war is officially over the long War which was essentially a World War has come at an astronomical cost for the British Empire following peace with France Britains post-war debt is more than 140 million pounds in 1763 currency the equivalent of many many billions today by 1763 Britains tax revenues are consumed with paying off the national debt while also maintaining the r