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HUTCHESON Archibald (c. 1659--1740)
Some calculations relating to the proposals made by the South-Sea Company, and the Bank of England, to the House of Commons; shewing, the loss to the new subscribers, ... and the gain which will thereby accrue to the proprietors of the old South-Sea stock. By a Member of the House of Commons.
London: printed in the year 1720.
[6], 13, [1] p. ; 33.0 cm. (2°)

A member of the House of Commons = Archibald Hutcheson. Preface dated March 31, 1720. In 1720 speculation in South Sea stock as a result of the company's proposals, accepted by Parliament, to take over the national debt, became known as the "South Sea Bubble", when dramatic rises between January and August and led to financial ruin for many investors when the market collapsed in September. Hutcheson had strongly opposed the proposal and in this pamphlet published as stock prices soared and reissued twice in the same year, he anticipated of the inevitable financial disaster. (ODNB.) ESTC t17254.

Copy Notes Inscribed in pencil on half-title John Soane. Bound (1) with a copy of Report and memorial of the Commissioners for executing the Act 46 Geo. III c. 89, 1808 (q.v).

Binding C19th grey paper boards, brown paper spine with titles of both items written on spine in ink.

Reference Number 2764


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