who paid for the tea in the boston tea party
Boston Tea Party In Britain, even those politicians considered friends of the colonies were appalled and this act united all parties there against the colonies. The Prime Minister Lord North said, "Whatever may be the consequence, we must risk something; if we do not, all is over".[71] The British government felt this action could not remain unpunished, and responded by closing the port of Boston and putting in place other laws known as the "Intolerable Acts." Benjamin Franklin stated that the destroyed tea must be paid for, all ninety thousand pounds (which, at two shillings per pound, came to £9,000, or £1.05 million [2014, approx. $1.7 million US]).[72] Robert Murray, a New York merchant, went to Lord North with three other merchants and offered to pay for the losses, but the offer was turned down.[73]
Boston Tea Party The Boston Tea Party was a significant event in the growth of the American Revolution. Parliament responded in 1774 with the Coercive Acts, or Intolerable Acts, which, among other provisions, ended local self-government in Massachusetts and closed Boston's commerce. Colonists up and down the Thirteen Colonies in turn responded to the Coercive Acts with additional acts of protest, and by convening the First Continental Congress, which petitioned the British monarch for repeal of the acts and coordinated colonial resistance to them. The crisis escalated, and the American Revolutionary War began near Boston in 1775.