Wednesday, June 12, 2019

The Real Story Behind the Boston Tea Party #scgenealogy #southcarolinapioneersnet

The Real Story Behind the Boston Tea Party

Society of Edenton LadiesThe American colonists, like their British counter-parts, took their tea drinking seriously, consuming great quantities. The East India Tea Company, a British enterprise, held a monopoly on the American Trade. Nevertheless, Dutch traders managed to capture much of the colonial market by offering lower prices. Yet, two factors kept the price of tea high. First, the colonists paid a middle-man fee to English merchants who re-exported tea to America. Secondly, when Parliament repealed the Townshend duties, they retained the import tax on the tea as a symbol of their right to legislate in the colonies. In 1773, when a mismanaged and floundering East India Tea Company came to Parliament, they hoped for legislation that would bail them out. The Tea Act of 
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