The act granted the company the right to ship its tea directly to the colonies without first landing it in England, and to commission agents who would have the sole right to sell tea in the colonies.
The passage of the Tea Act ( 1773 ) by the British Parliament gave the East India Company exclusive rights to transport tea to the colonies and empowered it to undercut all of its competitors.
|Territorial extent||Great Britain British Dominions|
|Royal assent||10 May 1773|
|Commencement||10 May 1773|
The act granted the EIC a monopoly on the sale of tea that was cheaper than smuggled tea; its hidden purpose was to force the colonists to pay a tax of 3 pennies on every pound of tea. The Tea Act thus retained the three pence Townshend duty on tea imported to the colonies.
The passing of the Tea Act imposed no new taxes on the American colonies. Besides the tax on tea which had been in place since 1767, what fundamentally angered the American colonists about the Tea Act was the British East India Company’s government sanctioned monopoly on tea.
The Boston Tea Party was a political protest that occurred on December 16, 1773, at Griffin’s Wharf in Boston, Massachusetts. American colonists, frustrated and angry at Britain for imposing “taxation without representation,” dumped 342 chests of tea, imported by the British East India Company into the harbor.
On April 19, 1775, British and American soldiers exchanged fire in the Massachusetts towns of Lexington and Concord. At the North Bridge in Concord, the British were confronted again, this time by 300 to 400 armed colonists, and were forced to march back to Boston with the Americans firing on them all the way.
In simplest terms, the Boston Tea Party happened as a result of “taxation without representation”, yet the cause is more complex than that. The American colonists believed Britain was unfairly taxing them to pay for expenses incurred during the French and Indian War.
On this evening, Dec. 16, in 1773, dozens of colonists boarded three ships laden with East India Company tea and dumped the entire stock — 45 tons of tea, worth roughly $1 million in today’s economy — into the harbor to protest Parliament’s recent Tea Act.
The British response to the Boston Tea Party was to impose even more stringent policies on the Massachusetts colony. The Coercive Acts levied fines for the destroyed tea, sent British troops to Boston, and rewrote the colonial charter of Massachusetts, giving broadly expanded powers to the royally appointed governor.
While the colonists did destroy a massive amount of tea ( about 92,000 pounds ) from the British East India company, there were no known repercussions in the harbor for the tea’s destruction.
No one died during the Boston Tea Party. There was no violence and no confrontation between the Patriots, the Tories and the British soldiers garrisoned in Boston. No members of the crews of the Beaver, Dartmouth, or Eleanor were harmed.
340 chests of British East India Company tea, weighing over 92,000 pounds (roughly 46 tons), onboard the Beaver, Dartmouth, and Eleanor were smashed open with axes and dumped into Boston Harbor the night of December 16, 1773.