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The notorious economic bubble thus created, which ruined thousands of investors, became known as the South Sea Bubble. The Bubble Act 1720 ( 6 Geo. 1 c. 18), which forbade the creation of joint-stock companies without royal charter , was promoted by the South Sea Company itself before its collapse.
The South Sea Bubble, a Scene in 'Change Alley in 1720 is an 1847 history painting by the British artist Edward Matthew Ward. [1] It depicts a scene in Exchange Alley in the City of London when the South Sea Bubble was at its height in 1720 shortly before its dramatic collapse.
Emblematical Print on the South Sea Scheme (also known as The South Sea Scheme) is an early print by William Hogarth, created in 1721 and widely published from 1724.It caricatures the financial speculation, corruption and credulity that caused the South Sea Bubble in England in 1720–21.
It was created on 17 June 1720 for John Blunt, the famous perpetrator of the South Sea Bubble, for his good work for the nation of Great Britain. [2] From 1703 he was the secretary of the Hollow Sword Blade Company, a joint-stock company effectively operating as a bank. He was a director of the South Sea Company from 1711.
Details of the furnishings were in the 1721 inventories of estates of South Sea Bubble figures. Mentioned were caffaw, a "rich silk cloth similar to damask", and culgee, a "figured Indian silk". [23] [24] [25] The Painted Parlour at Carshalton House is by Robert Robinson, a decorative painter and engraver who died in 1706. It therefore dates ...
25 June – "South Sea Bubble" reaches its peak as South Sea Company stock is priced at £1,060 a share. 12 July – Under authority of the Bubble Act, the Lords Justices attempt to curb some of the excesses of the stock markets during the "South Sea Bubble". They dissolve a number of petitions for patents and charters, and abolish more than 80 ...
The South Sea Bubble; South Sea Company This page was last edited on 11 November 2022, at 23:14 (UTC). Text is available under the Creative Commons ...
This page was last edited on 28 December 2008, at 00:51 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.