Parliamentary Action Quotes
The British had closed Boston Harbor until the English merchants who lost their goods at the Boston Tea Party were paid for their damages. Even though Boston being the second port in the colonies after New York were commercial competitors to the New Yorkers. None the less, New York raised money for assistance to the Bostonians who were jobless as a result of the port closure. See {589414} for the other steps that New York was willing to take.
The king had forced subjects to lend him money and other violations of English tradition and laws. The house debated more stringent restrictions on the power of the king, who instead sought to assure parliament that the practice would not continue and was only an emergency measure.
A negotiated end to the war made sense for both sides. The English budget was in terrible shape with the huge costs of dealing with Napoleon and although Liverpool wanted to teach the Americans a lesson, he could not get the money to finance it. The Americans could prevent British conquest but they could not defeat the British overall or eject them from the continent.