Add to my gallery
Like this item?
Thinking about buying later on?
Or just create a virtual collection !
With Wishlist you can collect all
Your Favorite maps in one place
by simply pressing a button!
[ Read More ]
ANONYMOUS - De laggende law, de treurende actionist met de smekende mercurius.
Click here to inquire about this item.
De laggende law, de treurende actionist met de smekende mercurius. - ANONYMOUS
Click image to in.
Title : De laggende law, de treurende actionist met de smekende mercurius..
Map maker : ANONYMOUS.
Date : Amsterdam, 1720.
Size : 13.1 x 11.2 inches. / 33.4 x 28.5 cm.
Colouring : Uncoloured.
Description :Print published in : Het groote tafereel der dwaasheid : vertoonende de opkomst, voortgang en ondergang der actie, bubbel en windnegotie, in Vrankryk, Engeland, en de Nederlanden, gepleegt in den jaare MDCCXX.
Title in English : "Law laughing, the shareholders mourning, and Mercury entreating."
A caricature in prose and verse satirizing the first truly international speculative crisis in the history of financial capitalism, the "Mississippi scheme" (1718-1720) of the French Compagnie d'Occident and the speculations its stock that led to the complete ruin of many of its over-eager French, Dutch and English shareholders.
John Law (1671-1729), the son of an Edinburgh banker and successful financier who established the "Banque Générale" in France in 1715, founded the Compagnie de l'Occident for the exploitation of the resources of French Louisiana after Antoine Crozat had surrendered his charter in 1717. Law's reputation caused the stock to sell readily, and the organization soon enlarged the scope of its activities by absorbing other commercial companies, its name than being changed to the 'Company of the Indies'. Enormous profits were anticipated...and the increasing demand for its stock led to wild speculation.
The anticipated immense and immediate profits were not realized, and soon the scheme revealed itself as a purely speculative venture.
In 1720 the company failed, the 'bubble' bust, and the stockholders lost their entire investment, many being completely ruined.
You may read more about "Het Groote Tafereel der Dwaasheid", or "The Great Mirror of Folly" or view several of the seventy-four plates from this book.
Concise Dictionary of American History, NY: Scribner's, 1962,pp. 617-18).
Condition : Some light browning in upper margin. Good and dark impression.
The item is no longer available for sale.
Click here to see for how much the item sold or the estimated value.
Missed this item? Never miss another item again!
See a list of similar items you might be interested in :
Wish List / Virtual map collection
Found a nice map? But this map has been sold or thinking about buying later on?
With Wishlist you can collect all Your Favorite maps in one place by simply pressing a button!
Click here to ADD this item to your Wish List
Note : This does not replace the BidPage during Auction.
By default we contact you when similar category items come available in future auctions!
Similar items available for immediate sale you might be intered in.
Browse our Archive index of 20,000+ antique maps, prints, Medieval manuscripts. The auction results are available for registered users.
Register now if you haven't done before. It is free of charge !
I have a similar map and would like to sell it.
Paulus Swaen Old Maps, Inc, is buying and selling for the last 36 years fine and rare maps. We are buying for stock or are taking quality consignments for our quarterly internet auctions since 18 years and we are the olderst internet based map auction.
Please email or send us a picture of your map and your asking price.
We need to receive an image first and can not make offers from verbal descriptions received by phone.
I would like to be notified if the item I am looking for comes up for auction.
I'm interested in this map: but it has been sold or you want to be notified when a similar map comes up for auction. Please Add this map to my WishList and we will notify you when another example or similar map comes available
Never miss another item and Register now.
It's free; and you Save time ordering, Track your package; are able to bid in our auctions, you get free access to AbeMaps Archive with more than 20.000 auction results, and more.
You may also look at our stock list of similar items, which are available for immediate sale.