Physical history of the United States Declaration of Independence Physical history of the United States Declaration of Independence The United States Declaration of Independence, which announced that the thirteen American colonies then at war with Great Britain were no longer a part of the British Empire, exists in a number of drafts, handwritten copies, and published broadsides. The earliest known draft of the Declaration of Independence is a fragment known as the "Composition Draft." The draft, written in July 1776, is in the handwriting of Thomas Jefferson, principal author of the Declaration. It was discovered in 1947 by historian Julian P. Boyd in the Jefferson papers at the Library
Economic history of the United Kingdom manufactured goods were sold around the world, and raw materials and luxury goods were imported to Britain. During the Industrial Revolution the empire became less important and less well-regarded. The British defeat in the American War of Independence (1775–1783) deprived it of its largest and most developed colonies. This loss brought a realisation that colonies were not particularly economically beneficial to the home economy. It was realised that the costs of occupation of colonies often exceeded the financial return to the taxpayer. In other words, formal empire afforded no great economic benefit when trade would continue whether the overseas political