South Sea Bubble by Noel Coward

Posted by Riklaa on October 8, 2012 at 6:07pm

South Sea Bubble     

by Noel Coward     

SNT 1980-08-02

64K

The South Sea Company was a British joint stock company that traded in South America during the 18th century. Founded in 1711, the company was granted a monopoly to trade in Spain's South American colonies as part of a treaty during the War of Spanish Succession. In return, the company assumed the national debt England had incurred during the war. Speculation in the company's stock led to a great economic bubble known as the South Sea Bubble in 1720, which caused financial ruin for many. In spite of this it was restructured and continued to operate for more than a century after the Bubble.

South Sea Bubble Link

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Replies

  • Anson (Bob) Roberts October 9, 2012 at 9:54am

    Hi, Rick:

    The date on this one is 1980-08-02 (Feb 8 was not a Saturday)  :>)

    I've attached a very short blurb from "This Sceptred Isle" which will put this one in context.

    Bob

    Tsi-V06-Cd02- 02 - 1720- The South Sea Bubble.mp3

    • Riklaa > Anson (Bob) Roberts October 9, 2012 at 2:37pm

      Thank You Bob, while you are in this group check out the text on Lord Dracula for a laugh from your favorite info site.

    • Anson (Bob) Roberts > Riklaa October 9, 2012 at 3:33pm

      Saw it and added one of my own ...

This reply was deleted.