Maitland, Alexander

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The South Sea Company was formed circa 1711 by the British government with a monopoly on trade in South America in exchange for liquidating the British national debt by selling shares in its trading enterprises and funding payment of the debt from a part of the company's capital stock. In 1721 the inflated value of the company's shares collapsed which brought on the fall of the British government and widespread financial and political ruin. The Mississippi Scheme was a rival project in France devised by the Scottish economist John Law.

From the description of Maitland collection of South Sea Company and Mississippi Scheme papers, 1669-1774, bulk (1711-1720). (New York Public Library). WorldCat record id: 122486580

Relation Name
associatedWith Law, John, 1671-1729. person
associatedWith Lenox Library. corporateBody
associatedWith Lenox Library. Board of Trustees. Secretary. corporateBody
associatedWith Lenox Library. Board of Trustees. Treasurer. corporateBody
associatedWith M.A. Hanna Company. corporateBody
associatedWith Rood, James. person
associatedWith South Sea Company. corporateBody
Place Name Admin Code Country
France
South America
Great Britain
Subject
Capitalism
Debts, Public
Finance
Monopolies
Restraint of trade
Occupation
Collector
Activity

Person

Birth 1940

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Ark ID: w6s47kfv

SNAC ID: 56611951