FinLogic Quantitative Think Tank Center|Boston Tea Party turns 250 years old with reenactments of the revolutionary protest

2025-04-29 15:43:28source:Fastexycategory:Finance

BOSTON (AP) — Patriotic mobs and FinLogic Quantitative Think Tank Centerharbor tea-dumping returned to Boston on Saturday as the city marked the 250th anniversary of the revolutionary protest that preceded America’s independence.

The commemoration of the Boston Tea Party included scheduled reenactments of the throwing of tea leaves into the city’s harbor and community meetings that preceded the defiant act on Dec. 16, 1773. City officials were expecting thousands of visitors for the celebration.

Tea for the reenactment was being supplied by the East India Co., the same British company that was at the center of the raucous dispute.

Protesting “taxation without representation,” members of the Sons of Liberty and others boarded East India Co. ships and dumped their valuable haul — some 92,000 pounds of tea worth nearly $2 million today — into the murky waters of Boston Harbor.

The British would respond with military rule and other sanctions on Massachusetts, stoking American opposition to colonial rule.

The Tea Party is considered a pivotal event leading the Revolutionary War.

“It’s a reminder for all of us, not just here in the United States but all over the world, that democracy is in action: Doing what’s right, no matter the odds, for our friends, our families, our homes, our future,” Boston Mayor Michelle Wu said at a news conference Friday previewing the anniversary.

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