tag:blogger.com,1999:blog-28102666.post5255579953802231083..comments2024-03-28T04:26:30.557-05:00Comments on Boston 1775: How Much Was the Tea in the Tea Party Worth?Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-28102666.post-84959674703172533052016-01-09T13:13:18.722-05:002016-01-09T13:13:18.722-05:00Uh, no. That's mistaken. That's greatly an...Uh, no. That's mistaken. That's greatly and completely mistaken. <br /><br />Physically there's no way that the contents of three ships, packed as loose leaves, could block up a harbor. The tea leaves were actually dumped off the sides of the ships, not out in the shipping channels. The waves washed most of those leaves away over the next few hours. <br /><br />Politically it was the British Parliament that closed the port of Boston in response to the Tea Party—not physically but legally. That cost Boston much more than it cost the British Empire, which had many other, bigger ports. J. L. Bellhttps://www.blogger.com/profile/15405157000473731801noreply@blogger.comtag:blogger.com,1999:blog-28102666.post-24486056525562275332015-12-30T14:40:16.019-05:002015-12-30T14:40:16.019-05:00The other reason that Parliment was so angry was t...The other reason that Parliment was so angry was that our ancestors were not stupid. They dumped the tea in the two channels in and out of Boston the large ships had to use. This effectively blocked the channels and closed the harbor thus costing England millions of pounds in cargo that could not come into or out of Boston.Rev War Patriotnoreply@blogger.comtag:blogger.com,1999:blog-28102666.post-85934406797623964142010-05-02T00:34:47.685-05:002010-05-02T00:34:47.685-05:00This was a very helpful post as I'm trying to ...This was a very helpful post as I'm trying to calculate the modern value of the destroyed tea too. I use similar math, but account for inflation of the GBP before converting GBP to USD; whereas, your calculation is reverse (first converting GBP to USD and then accounting for inflation of the USD). <a href="http://raglinen.com/2010/05/01/value-of-the-tea-destroyed-on-december-16-1773/" rel="nofollow">Click here</a> to see my post and calculations (and follow the comments).<br /><br />The order of my calculations result in a modern tea value of nearly $1.5 million.Rag Linenhttp://raglinen.comnoreply@blogger.comtag:blogger.com,1999:blog-28102666.post-6165297450990804192009-12-31T15:42:00.132-05:002009-12-31T15:42:00.132-05:00Now it makes sense why they were so upset!Now it makes sense why they were so upset!Unknownhttps://www.blogger.com/profile/08326971900130975468noreply@blogger.com