Though Parliament repealed all the Townshend Acts, it did not take away the taxes of tea, because the British officials knew that the tea was on high demand despite the boycotts occurring. Colonial merchants would smuggle tea without paying any duties and so the British East India Company offered a solution to the Parliament. The company held immense amounts of tea, but did not sell directly to the colonists for if they did the tea would cost less, and maybe if the tea was cheaper than less people would smuggle it, thus the Parliament issued a new act called the Tea act, an act that would allow the British India Company to directly sell the tea to colonists, but the Parliaments plan backfired and the merchants and smugglers feared that the
The tea act of 1773 passed by parliament may 10th, was created to bailout British East India Company of debt. The tea act granted the British India company tea monopoly of tea sales in the American
The purpose of the act is to allow the drawback of duties on the export of tea exported to British colonies in America. The act granted a license to the East India Company to export duty-free tea. Details of the sale of tea to the highest bidder in a public sale are provided, including the requirement that a deposit be made to the East India Company. Penalties and fees to be applied to a forfeited deposit are described. The authority of the commissioner of the British royal treasury is established for granting licenses for the sale and export of tea.
Even though it was repealed, the British government still needed revenue to pay the debt of the war and would soon tax the colonists again. The Tea Act In 1773, the British government passed another tax. This time tea was taxed. The tax actually made the tea cheaper in the colonies.
The colonies were smuggling in cheaper tea, the tea company had warehouses packed full of tea waiting to be sold. His plan was to impose the Tea Act of 1773 which would repeal duties on English Tea and retained the Townshend Act, which required only certain imports to be purchased from Britain, such as tea. North felt this would provide the colonist with cheap tea, save the company, and they would be able to accept the taxation from Parliament. Colonists, however, saw this as a threat as this would create a monopoly on the tea market because this tea could only be carried by company ships and sold by few consigners. This caused the tension to grow and the colonists revolted by dumping over one million dollars worth of the tea into the Boston Harbor.
What role caused a significant part in the Revolutionary War? We believe that the Boston Tea Party was a significant part in leading to the Revolutionary War. The cause of the Boston Tea Party happened because colonists did not want to pay tax on British Tea. The cause effected the war, but not as much as the effect affected the war. The effect caused more british hate feelings which made all of the 13 colonies angry.
In efforts to raise money to pay off the large amount of debt caused by the French and Indian War, the British parliament imposed a long string of taxes to make the colonists pay for the expensive colonial war. These imposed taxes are the Sugar Act (1764), Stamp Act (1765), Townsend Acts (1767), and the last straw for the Colonists was the Tea Act (1773). Because of these legislations passed by parliament, with no representation of colonists' wishes and ideas, a covert group of angered colonists, the Sons of Liberty, forcefully boarded British cargo ships dressed as Native Americans and damaged approximately $1760.42 of British teas in protest in today’s economy. The British Soldiers brutally punished the colonists by not allowing any citizen
Before this act the colonist were buying tea from smugglers because it was cheaper that way before the tea act. The tea act made it possible to sell tea at a much lower price. The British got a response that they didn’t think that they were going to get from the colonist. They refused to buy the tea because it would “acknowledge Britain’s right to tax the colonies” (Eric Foner). There were very few colonist that were buying tea from shipping company.
This resulted in the passage of the Punitive Coercive Acts in 1774 and pushed the two sides closer to war (“Boston Tea Party Historical Society”). The protesters who caffeinated Boston Harbor were railing against the tea act, which the British government enacted in the spring of 1773. Rather than inflicting new leaves, however, the legislation actually reduced the total tax on tea sold in America by the East India Company and would have allowed colonists to purchase tea at half the price paid by British consumers (“Boston Tea Party
The Boston Tea Party was a key event that provoked the start of the Revolution. Furious at the colonists for rebelling him, the king was in shock. In response to these rebelling colonists, the king made the colonists life miserable.
So, Britain figured out another way in which they could impose a tax on the Americans. Thus, the British companies sold their leftover tea to the colonies, but only after imposing a tax on them. The colonist choose to
A new tea tax was introduced to the American colonies in New England. This action did not prove very popular and led
This law was called the Tea Act of 1773 and according to “The American Journey: A History of the United States” it “Permitted the East India Company to sell through agents in America without paying the duty customarily collected Britain, thus reducing the retail price” (pg.134). Parliament passed this law due to, the East India Company being on the brink of bankruptcy. Colonial and English consumers were buying cheaper and smuggled Dutch tea, which left millions of pounds of unsold East India tea. By making the East India Company tea cheaper, Britain assumed it would lure in more purchases amongst the colonists and save the company. Yet this caused colonists to be outraged, because they believed the that North was tricking them into paying taxes that they had not consented to, which led to the Boston Tea Party.
In 1767, the British Parliament passed the "Townshend Acts", the North American colonies of a variety of imported goods (glass, lead Dan, lead white, paint, paper and tea) tax. Colonial residents responded with violent demonstrations- one of the riots that led to the Boston massacre- and the boycott of the British goods again. In 1770 the British abolished all taxes except the tea tax; the retention of the tea tax was a symbol of the British taxation of the North American colonies. 1773 British Parliament passed the "Tea Act", abolished the England tea import tax, but retained the North American colonies. This practice angered the North American patriots, they will be three British merchant loaded with tea poured into the Boston Port, Known
However, in 1773, the East India Company noticed that there was an overproduction of tea and its prices surely would decline (“The Third Imperial Crisis”). Tea was one of the, if not the, most valuable asset to many members in Parliament. Britain was forced to impose a new Tea tax on the colonists, which was aimed to keep the price of tea high. Even this act was reasonable in the eyes of the British, but to the colonists, this was just a British way of assuring dominance considering it was now for profit rather than to pay off debts. The response to the Tea Acts was the Boston Tea Party of 1773 (“The Third Imperial Crisis”).
and they too were attacked so they had to fire into the mob. Parliament passed the Tea Act, which gave the British East Indians company a complete monopoly of the American tea business meaning the colonists could only buy tea from this company. The colonists opposed this law even though it lowered the price of tea. They viewed the tea Act as merely another example