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The Tea Act 1773 (13 Geo. 3.c. 44) was an Act of the Parliament of Great Britain.The principal objective was to reduce the massive amount of tea held by the financially troubled British East India Company in its London warehouses and to help the struggling company survive. [1]
The Boston Tea Party was an American political and mercantile protest on December 16, 1773, by the Sons of Liberty in Boston in colonial Massachusetts. [2] The target was the Tea Act of May 10, 1773, which allowed the East India Company to sell tea from China in American colonies without paying taxes apart from those imposed by the Townshend Acts.
The affair served to inflame tensions in Massachusetts, where the implementation of the 1773 Tea Act was met with resistance that culminated in the Boston Tea Party in December 1773. The response of the British government to the publication of the letters served to turn Benjamin Franklin , one of the principal figures in the affair, into a ...
The colonists partook in this action because Parliament had passed the Tea Act, which granted the British East India Company a monopoly on tea sales in the colonies, thereby saving the company from bankruptcy. This made British tea less expensive. In addition, there was added a small tax. [citation needed] This angered the colonists. News of ...
The Tea Act of 1773 was the English answer. It let the company cut out the middleman in London on the logic that the colonials would return to getting tea the upstanding way—from them. But ...
This act was designed to assist the financially troubled British East India Company and enable tea to enter North America priced lower than the tea typically smuggled in to avoid taxes. [3] Colonists recognized that by buying this lower-cost tea, and paying the import tax from the Townshend Acts, they would be setting a precedent of abiding by ...
The British viewed the Boston Tea Party as an act of treason and retaliated with punitive measures that would ultimately lead to conflict. Boston Harbor: Arguably where the revolution started ...
In the meantime, Parliament had repealed most of the Townshend taxes (keeping only the one on tea), and passed the Tea Act, which authorized the British East India Company to ship tea directly to the colonies, eliminating colonial merchants from its supply chain and undercutting the price of smuggled Dutch tea.