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While the Tea Act passed by Parliament in May, 1773 was one of the major events leading to war with Great Britain, it was not designed to tax the colonies but to bail out the East India Tea Company, a private commercial trading company that was involved in trade with Asia. The company carried out many governmental and military functions in Asia for the Crown. As a reward, it was granted a monopoly of the trade in India. In 1773 the company was on the verge of bankruptcy as a result of mismanagement. It also had 17 million pounds of tea in London warehouses with no prospect of selling the tea. The British government agreed to allow the company exclusive right to sell the tea in the American colonies. The tea would be cheaper than the Dutch tea the Americans had been smuggling in since the Townshend Acts. Prime Minister North did away with all taxes on the tea except the Townshend levy, which was very small. Sam Adams and the Americans who wanted to uphold the principle, "no taxation without representation," knew that the tea would be purchased by colonial consumers if it were permitted to enter the harbors, be unloaded, and distributed to the stores. The result was the famous Boston Tea Party.

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Grace Tillman

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3y ago

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Related Questions

What year did the tea tax happen in?

The tea tax happened in 1773!!!


What was the response to the Boston Tea Party?

tax of 1773


When was the tea party founded?

The Boston a Tea Party was founded on the 16th of December in 1773, to protest the tax on tea.


What British tax remained after the Townsend Act were repealed?

What did the Tea Act of 1773 do


What British tax remained after Townsend acts were repealed?

What did the Tea Act of 1773 do


How much was the tax on tea in 1773?

3 pence per pound. It was considerably lower than the previous tax, but tricked the colonial merchants out of their money.


The destruction of a cargo of tea by colonists who were opposed to the tea tax is known as what tea party?

The Boston Tea Party was a political protest by the Sons of Liberty in the harbor of Boston in 1773. Several cargoes of tea were destroyed in opposition to the tea tax imposed by the British Empire.


Did the Tea Act of 1773 deprive American merchants a share of the profits from the tax trade?

yes yes


Who was the leader during the time of The Tea Tax?

The British Governor was Lord Dartmouth who was replaced after 1773 by Lords Gage.


What was the unintentional effect of the harsh tax law passed by the parliament between 1763 and 1773?

The Boston Tea Party resulted.


What was the unintentional effect of the harsh tax law passed by parliament between 1763 and 1773?

The Boston Tea Party resulted.


Why did Parliament believe the colonists would accept the Tea Act of 1773?

Parliament believed the colonists would accept the Tea Act of 1773 because it lowered the price of tea for the colonists, making it more affordable than smuggled tea. Additionally, Parliament thought the colonists would be willing to pay the tax on tea to support British authority.