What Was The Purpose Of The Non Importation Agreement

August 1768 was a formal collective decision of Boston-based traders and traders not to import or export goods to the UNITED Kingdom. The agreement, essentially a boycott, was a series of agreed trade restrictions introduced by the settlers with regard to trade with the metropolis. The choice of agreement came as a means of protesting and protesting against the Townshend Revenue Act 1767. According to the Townshend Revenue Act, a tax was to be paid for the purchase of glass, lead, oil, paint, paper and tea. The non-import Boston Agreement was one of the most effective means of colonial resistance to British politics in the years leading up to the American Revolution. Another similar tactic was used in Boston and the colonies five years later to protest the Tea Act, with the British East India Company`s tea boycott culminating in the Boston Tea Party. These figures show the impact of the situation on trade. There was a great depression in the 1760s, when the majority of non-import and taxation battles fought. Nevertheless, it is assumed that non-importation and the resulting depression were not only caused by unpopular acts. During this period, creditors and the investor asked for their money from colonial importers who were unable to repay their debts. To raise more money, they made the non-import so that they could sell their shares at higher prices.

One of these fraudulent importers was John Hancock, a merchant, statesman and patriot of the American Revolution. He had goods from his captains prohibited by the agreement. Its ships carried cargoes such as British lines or gunpowder. Another known trafficker was Samuel Adams, a well-known American statesman, who later became one of the organizers of the Boston Tea Party. These smuggling practices were not only an effective means of resisting high taxes from the United Kingdom and weakening its policy, but also a cheaper alternative for desired goods. The illegal goods were purchased from Dutch, French and Spanish merchants and traders. Non-import agreements have not only contributed to the upsurriving of undesirable behaviour, but have also contributed to lower exchange rates and the clearing of inventories filled with importers. Other U.S. cities have implemented similar non-import agreements to oppose the unpopular British policy.