"So much tea has been imported from Holland, that the importers from England have been obliged to sell for little or no profit. The Dutch traders, it is said, had their first teas at 18d. pr lb., the last at 2s.; either is much cheaper than from England, and they save the 3d. duty here. The Company must keep theirs nearer the prices in Holland. The consumption is prodigious."
Extract from a Letter from Boston, 2d Sepr., 1771:
"The consumption of Bohea tea thro' the Continent increases every year. It is difficult for us to say how great it is at present. We imagine there may be consumed in this Province, which is perhaps a seventh part of the Continent, 3000 chests in a year. We are sure nothing can discourage the running of it but the reducing the price as low, or lower, than it was two or three years past in England"
Extract from a Letter from Boston, (Messrs. Hutchinson,) dated 10th Sepr., 1771:
"From a more particular estimate of the consumption we are of opinion, the two towns of Boston and Charlestown consume a chest, or about 340 pounds of tea, one day with another. These two towns are not more than one-eighth, perhaps not more than one-tenth, part of the Province. Suppose they consume but 300 chests in a year, and allow they are but one-eighth, it will make 2400 chests a year for the whole Province. This Province is not one-eighth part of the Colonies, and in the other governments, especially New York, they consume tea in much greater proportion than in this Province. In this proportion, the consumption may be estimated at 19,200 chests per annum, or upwards of six millions of pounds. Yet at New York or Pensylvania they import no teas from England, and at Rhode Island very little. Here we find the Dutch traders continually gaining ground upon us. If teas do not sail with you before the spring shippings, we fear the Dutch will carry away all the trade of the Colonies in this article."
Extract of a Letter from Boston, dated 11th Sepr., 1772:
"We have delayed answering your last enquiries relative to the tea concern, in hopes of being able to form a better judgment, but to no great purpose; the great importation from Holland, principally through New York and Philadelphia, keeps down the price here, and consequently the sale of teas from England. We have set ours so low we shall have no profit from this years adventure, yet there are 50 chests still on hand. You ask our opinion whether the difference between the English and Dutch teas, if it did not exceed the 3d. duty and 9 pr cent., would be sufficient encouragement to the illicit trader? If the difference was not greater we think some of the smugglers would be discouraged, but the greater part would not. Nothing will be effectual short of reducing the price in England equal to the price in Holland. If no other burthen than the 3d. duty in the Colonies, to save that alone would not be sufficient profit, and the New Yorkers, &c., would soon break thro' their solemn engagements not to import from England."
Extract from a Letter from Boston, dated 25th Feb., 1773, in Answer to a calculation sent of the supposed price at which the illicit trader can now import tea into America from Holland:
"In your calculation of the profits on Dutch teas, 12 pr cent. is too much to deduct for the risque of illicit trade. We are confident not one chest in five hundred has been seized in this Province for two or three years past, and the custom house officers seem unwilling to run any risk to make a seisure. At New York, we are told it is carted about at noon day. There is some expence in landing, which we believe the importers would give five pr cent. to be freed from."
Copy of a Letter from Rotterdam, dated 12th June, 1772: