The South Sea Bubble (Classic Reprint)

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9781331541967: The South Sea Bubble (Classic Reprint)

Excerpt from The South Sea Bubble

Though two centuries have passes since it was inaugurated, the story of the rise and fall of the South Sea Company has not hitherto been told in detail. Yet in all contemporary memoirs it bulks even more largely than the rebellion of 15, and it certainly had consequences more far-reaching. It has, further, its human interest, insomuch as it is one of the most amazing instances of credulity, exhibited at one and the same time in all classes of society, in the history of the nation. There have, of course, been many other cases before and since, but none parallel with this. In 1825 there was a great promotion of industrial companies, the shares of which rose to prices that bore no relation to value; and, later, there was the railway mania, with George Hudson as the leading spirit, when speculation was so madly indulged in, that, in the year 1847, the depreciation in the shares of the ten principal companies was calculated to be not less than £78,000,000. In recent times, too, there have been booms, followed by the inevitable slump, and many who gambled in the rubber market must rue the day when they took a hand in a game of the principles of which they were ignorant.

The story of the South Sea Company is simply the old, old story of Captain Rook and Mr. Pigeon.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Published by Forgotten Books, United States (2015)
ISBN 10: 1331541964 ISBN 13: 9781331541967
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Book Description Forgotten Books, United States, 2015. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Excerpt from The South Sea Bubble Though two centuries have passes since it was inaugurated, the story of the rise and fall of the South Sea Company has not hitherto been told in detail. Yet in all contemporary memoirs it bulks even more largely than the rebellion of 15, and it certainly had consequences more far-reaching. It has, further, its human interest, insomuch as it is one of the most amazing instances of credulity, exhibited at one and the same time in all classes of society, in the history of the nation. There have, of course, been many other cases before and since, but none parallel with this. In 1825 there was a great promotion of industrial companies, the shares of which rose to prices that bore no relation to value; and, later, there was the railway mania, with George Hudson as the leading spirit, when speculation was so madly indulged in, that, in the year 1847, the depreciation in the shares of the ten principal companies was calculated to be not less than 78,000,000. In recent times, too, there have been booms, followed by the inevitable slump, and many who gambled in the rubber market must rue the day when they took a hand in a game of the principles of which they were ignorant. The story of the South Sea Company is simply the old, old story of Captain Rook and Mr. Pigeon. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # AAV9781331541967

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Lewis Melville
Published by Forgotten Books, United States (2015)
ISBN 10: 1331541964 ISBN 13: 9781331541967
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Book Description Forgotten Books, United States, 2015. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Excerpt from The South Sea Bubble Though two centuries have passes since it was inaugurated, the story of the rise and fall of the South Sea Company has not hitherto been told in detail. Yet in all contemporary memoirs it bulks even more largely than the rebellion of 15, and it certainly had consequences more far-reaching. It has, further, its human interest, insomuch as it is one of the most amazing instances of credulity, exhibited at one and the same time in all classes of society, in the history of the nation. There have, of course, been many other cases before and since, but none parallel with this. In 1825 there was a great promotion of industrial companies, the shares of which rose to prices that bore no relation to value; and, later, there was the railway mania, with George Hudson as the leading spirit, when speculation was so madly indulged in, that, in the year 1847, the depreciation in the shares of the ten principal companies was calculated to be not less than 78,000,000. In recent times, too, there have been booms, followed by the inevitable slump, and many who gambled in the rubber market must rue the day when they took a hand in a game of the principles of which they were ignorant. The story of the South Sea Company is simply the old, old story of Captain Rook and Mr. Pigeon. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # AAV9781331541967

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Book Description Forgotten Books, 2015. Book Condition: New. This item is printed on demand for shipment within 3 working days. Bookseller Inventory # LP9781331541967

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Lewis Melville
Published by Forgotten Books, United States (2015)
ISBN 10: 1331541964 ISBN 13: 9781331541967
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Book Description Forgotten Books, United States, 2015. Paperback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Excerpt from The South Sea Bubble Though two centuries have passes since it was inaugurated, the story of the rise and fall of the South Sea Company has not hitherto been told in detail. Yet in all contemporary memoirs it bulks even more largely than the rebellion of 15, and it certainly had consequences more far-reaching. It has, further, its human interest, insomuch as it is one of the most amazing instances of credulity, exhibited at one and the same time in all classes of society, in the history of the nation. There have, of course, been many other cases before and since, but none parallel with this. In 1825 there was a great promotion of industrial companies, the shares of which rose to prices that bore no relation to value; and, later, there was the railway mania, with George Hudson as the leading spirit, when speculation was so madly indulged in, that, in the year 1847, the depreciation in the shares of the ten principal companies was calculated to be not less than 78,000,000. In recent times, too, there have been booms, followed by the inevitable slump, and many who gambled in the rubber market must rue the day when they took a hand in a game of the principles of which they were ignorant. The story of the South Sea Company is simply the old, old story of Captain Rook and Mr. Pigeon. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # LIE9781331541967

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