Publisher's Synopsis
This book offers a detailed and insightful account of one of the most notorious financial scandals in history, the rise and fall of the South Sea Company in 18th century England. Mr. Houstoun, a contemporary of the events he describes, provides a balanced and objective analysis of the causes and consequences of the speculative bubble that brought ruin to many investors and shook the confidence of the financial system. A fascinating read for anyone interested in financial history and the dynamics of economic bubbles and crashes.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
