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How much did the tea cost in the Boston Tea Party?

How much did the tea cost in the Boston Tea Party?

Did you know? It took nearly three hours for more than 100 colonists to empty the tea into Boston Harbor. The chests held more than 90,000 lbs. (45 tons) of tea, which would cost nearly $1,000,000 dollars today.

How much did tea cost in colonial times?

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. Rebellion against the tea tax was not a result of a raise in the tax (the tax was actually lowered).

What did the Boston Tea Party symbolize?

The Boston Tea Party was a symbolic act that showed the British how far American colonists were willing to go to speak out for their freedom. The colonists were willing to give up whatever they had to defend their right for independence.

How much damage was caused by the Boston Tea Party?

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. The British East India Company reported £9,659 worth of damage caused by the Boston Tea Party. According to some modern estimates, the destroyed tea could have brewed 18,523,000 cups of tea!

How much tea was thrown into Boston Harbor?

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.

What was the actual value of tea destroyed?

As to the stated damage, according to this book the source is the Boston Gazette from 30 May 1774. This number is quoted in most other places as well, yet there is another estimate mentioning £18,000. For example, here you can read: Given that a pound sterling was equivalent to 240 pence this estimate apparently assumes 240,000 pounds of tea.

How big was the Boston Tea Party chest?

The Boston Tea Party museum website lists the following facts: I would be very careful with the total weight stated, particularly because the one chest I could find definitely didn’t hold 120 kg (then again, nobody says that all chests were of the same size).