Great Britain. Parliament. House of Commons

Alternative names
Dates:
Active 1627
Active 1913
Britons
English

History notes:

The South Sea Company was founded in 1711 to trade with Spanish America, on the assumption that the War of the Spanish Succession would end with a treaty permitting such trade. The Treaty of Utrecht, 1713, was less favourable than had been hoped, but confidence in the Company remained artificially high. In 1720, there was an incredible boom in South Sea stock, as a result of the Company's proposal, accepted by parliament, to take over the national debt (South Sea Bubble). This eventually led to the collapse of the stock market in 1720 and the ruin of many investors. The House of Commons ordered an inquiry, which showed that at least three ministers had accepted bribes and speculated.

From the guide to the South Sea Company: Parliamentary Reports, 1721, (British Library of Political and Economic Science)

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Ark ID:
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SNAC ID:
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Subjects:

  • Law
  • Manuscripts--English
  • Trials (Impeachment)--Early works to 1800--Manuscripts
  • Financial markets
  • Trials
  • Warrants (law)
  • Trade (practice)
  • Trade
  • Investments
  • Finance
  • Impeachments--Early works to 1800
  • Protestants
  • International trade
  • Speeches, addresses, etc., English--17th century

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Places:

  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Asia (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • South America (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • England (as recorded)
  • Latin America (as recorded)
  • Ireland (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)
  • Great Britain (as recorded)