boston teaparty Boston Teaparty In 1773, Britains East India Company was make up on large stocks of tea that it could not sell in England. It was on the verge of bankruptcy. In an effort to save it, the insane asylum passed the Tea Act of 1773, which gave the caller-out the right to export its cope directly to the colonies without paying any of the regular taxes that were imposed on the compound merchants, who had traditionally served as the middlemen in such trans routineions. With these privileges, the federation could undersell American merchants and monopolize the colonial tea trade. The acquit proved inflammatory for several reasons.
First, it angered influential colonial merchants, who feared being replaced and bankrupted by a powerful monopoly. The East India Companys decision to grant franchises to certain American merchants for the sale of their tea created entirely resentments among those excluded from this lucrative trade. More important, however, the Tea Act revived America...If you force to get a full essay, order it on our website: OrderCustomPaper.com
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