The Mississippi Bubble: A Memoir of John LawW.A. Townsend, 1859 - 338 pages |
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Aislabie American novelist amount annuities artist assignats bank notes Bank of England bank-notes beautiful bills bubble capital carried cent circulation coin colony commerce Cooper's novels Craggs creditors Darien decree deposit discount dividend dred Duke Duke of Bourbon Duke of Orleans Earl edition of Cooper's eight elegant engravings established exchange Exchange Alley F. O. C. Darley favor fiction fifty fortune genius House hundred millions hundred thousand increased Indian Company interest investment issued John Law king land Law's livres Lord ment merchants nation obliged paid pany paper money Paris parliament payment persons Pioneers Place Vendôme profits public debt published purchase receipts received Red Rover regent revenue rue Quincampoix ruin scheme Scotland securities ships SOUTH SEA BUBBLE South Sea Company specie speculators style subscribers subscription success thousand francs thousand shares tion trade treasury volume W. A. Townsend worth
Fréquemment cités
Page 256 - A company for carrying on an undertaking of great advantage, but nobody to know what it is.
Page 250 - So great was the confusion of the crowd in the alley, that shares in the same bubble were known to have been sold at the same instant ten per cent. higher at one end of the alley than at the other. Sensible men beheld the extraordinary infatuation of the people with sorrow and alarm. There were some, both in and out of Parliament, who foresaw clearly the ruin that was impending.
Page 251 - ... for various purposes ; and that a great many of his majesty's subjects have been drawn in to part with their money, on pretence of assurances that their petitions, for patents and charters to enable them to carry on the same, would be granted : to prevent such impositions, their excellencies...
Page 245 - ... capital. Persons of all ranks crowded to the house in such a manner, that the first subscription exceeded two millions of original stock. In a few days this stock advanced to three hundred and forty pounds; and the subscriptions were sold for double the price of the first payment.
Page 306 - ... infected with the spirit of stock-jobbing to an astonishing degree. All distinctions of party, religion, sex, character, and circumstances, were swallowed up in this universal concern, or in some such pecuniary project. Exchange-alley was filled with a strange concourse of statesmen and clergymen, churchmen and dissenters, whigs and tories, physicians, lawyers, tradesmen, and even with multitudes of females. All other professions and employments were utterly neglected...
Page 249 - Subscribers here by thousands float, And jostle one another down ; Each paddling in his leaky boat, And here they fish for gold, and drown. " * Now buried in the depth below, Now mounted up to Heaven again, They reel and stagger to and fro, At their wits
Page 286 - That every man in want is knave or fool : " God cannot love" (says Blunt, with tearless eyes) " The wretch he starves" — and piously denies: But the good bishop, with a meeker air, Admits, and leaves them, Providence's care.
Page 224 - Trade will increase trade, and money will beget money, and the trading world shall need no more to want work for their hands, but will rather want hands for their work.
Page 285 - At this period, the secret committee informed the house of commons, that they had already discovered a train of the deepest villany and fraud that hell ever contrived to ruin a nation...
Page 287 - At length Corruption, like a genera,! flood, (So long by watchful ministers withstood,) Shall deluge all ; and Avarice, creeping on, Spread like a low-born mist, and blot the sun ; Statesman and patriot ply alike the stocks, Peeress and butler share alike the box ; And judges job, and bishops bite the town, And mighty dukes pack cards for half a crown. See Britain sunk in Lucre's sordid charms, And France reveng'd of Anne's and Edward's arms!