The Real Story Behind the Boston Tea Party
The 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 Secondly, when Parliament repealed the Townshend duties, they retained the import tax on the tea as a symbol of their right to legislate in the colonies.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 . . . more . . .
South Carolina Wills and Estates
| SPECIAL GENEALOGY OPPORTUNITY NOW for yourself and friends!
$7 (auto expires after 1-month) Try it out now to see if you can find your ancestors |
|
No comments:
Post a Comment