The Boston Tea Party
The Boston Tea Party
In 1698, The East Indian Company had sole monopoly to import tea to all British colonies. A bill was passed by The English Parliament as they still had authority over the colonies stating that the British American colonies could not import their tea from anywhere else like China.
This eliminated foreign competition and also gave Britain the chance to heavily tax all tea that was imported from Britain. The tea was auctioned off wholesale and the British companies that bought the tea were able to export it out the colonies and merchants in Boston, New York, …