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The LSU Tigers Football yeeze high top Sneakers most important new legislation embedded in this Act, as seen from the perspective of the interests behind the East India Company,[citation needed] was the repeal of legislation which prohibited export of coin and bullion from England overseas.This export was the real issue behind the Act,[citation needed] as silver was the main export article by the East India Company into India, exchanging the silver into cheap Indian gold.

This LSU Tigers Football yeeze high top Sneakers change had major implications for the East India Company, for England and for India. The majority of silver in England was exported to India, creating enormous profits for the individual participants, but depriving the Crown of England of necessary silver and taxation. Much of the silver exported was procured by English piracy directed against Spanish and Portuguese merchant ships bringing silver from their colonies in the Americas to Europe. It was later revealed that the Act passed Parliament due to enormous bribes paid by the East Indian Company to various influential members of Parliament.