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another explanation for the tax cut on tea is that it was an attempt to stem the import of smuggled tea. By lowering and almost eliminating the tax on tea, the British government hoped to cripple the smuggled tea economy and maintain its own monopoly. The smugglers, led by John Hancock, stood to lose the equivalent of today's millions as they could not compete with the new, cheap price of English tea so, by disguising themselves as native Indians, boarding three English ships in Boston Harbor and destroying several tons of tea and looting and burning a few warehouses along the way, they essentially eliminated the English stock. Colonists had no choice, afterwards, than to buy from the smugglers. With the help of the master propagandist Sam Adams, the smuggler cartel was able to stir up enough fear and ill-will amongst the colonists toward the English that they joined with the smugglers to boycott whatever remained of the English tea supply and, in a fit of patriotism, purchased only "American" tea, even though it was more expensive. The parallel to today's "Teabaggers" is noteworthy: frightened, uninformed and easily manipulated people protesting with blind, almost pathological fury against something that, if they thought about it, would actually be a good thing for them.
Like I said at the outset, I wish I knew more about this. This is but one of the interpretations I've come across.
I'm a coffee guy, anyway. :donut:
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