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How much tea was dropped in the harbor?
It’s estimated that the protestors tossed more than 92,000 pounds of tea into Boston Harbor. That’s enough to fill 18.5 million teabags. The present-day value of the destroyed tea has been estimated at around $1 million.
How much tea was dumped into the Boston Harbor in money?
The damage the Sons of Liberty caused by destroying 340 chests of tea, in today’s money, was worth more than $1,700,000 dollars.
How much did tea cost in colonial times?
Brick tea was known and available to the European buyers at Canton. The price of tea in the colonies varied from an early price of 24 shillings per pound to a low of 1 shilling 9 pence per pound in 1768.
Who paid for the Boston Tea Party?
British East India Company
News Reaches London. The news of the Boston Tea Party reached London, England on January 20, 1774, and as a result the British shut down Boston Harbor until all of the 340 chests of British East India Company tea were paid for. This was implemented under the 1774 Intolerable Acts and known as the Boston Port Act.
How much was the tea tax that started the Boston Tea Party?
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.
Why was tea such a big deal to the colonists?
Tea, like gin, was seen as a gateway drug to a life of laziness, vanity, vice, and immorality. Valuing any material thing so highly was bound to cause trouble. Such was the source of tea in America, and there were Americans who hesitated to put their own country in thrall to the EIC.
How much is a pound of tea worth?
ounces; 1 pound is equal to 453 grams. 1 pound makes 181 cups of tea. times, 55 cents/3 = 18 cents. our teas can be steeped 2 to 3 times.