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nydus/Memoirs of Extraordinary Popular Delusions and the Madness of CrowdsPublic
Page 89 of 595
Table of Contents

THE SOUTH-SEA BUBBLE.

“Then stars and garters did appear

Among the meaner rabble;

To buy and sell, to see and hear

The Jews and Gentiles squabble.

The greatest ladies thither came,

And plied in chariots daily,

Or pawned their jewels for a sum

To venture in the Alley.”

The inordinate thirst of gain that had afflicted all ranks of society was not to be slaked even in the South Sea. Other schemes, of the most extravagant kind, were started. The share-lists were speedily filled up, and an enormous traffic carried on in shares, while, of course, every means were resorted to to raise them to an artificial value in the market.

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