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SOUTH SEA BUBBLE. A large collection of 30 - South Sea Bubble - 1758. [1276326]
Thomas Baskett, Printer to the King, London 1758, 1758. Disbound. Very Good Condition. A collection of 30 important acts, covering the critical early years of the South Sea Company, including the Act establishing the Company in 1711, and running through the Bubble crisis years of the 1720s to the aftermath of the 1730s. Items 1 to 27 are folio format (255mm x 400mm, 10 x 16 inches) and are chiefly extracts from the Statutes at Large, published by Thomas Baskett, 1758. All disbound from larger volumes, no title pages (as issued), and the caption title doesn't usually start at the head of the page, but some way down it. This is quite normal for Statutes. Items 28, 29 & 30 are small folio format (185mm x 300mm, 7.25 x 12 inches), and are extracts for the Annual volumes of Acts of Parliament, published by Eyre & Strahan, disbound from larger volumes, no title pages (as issued), and the caption title starts at the head of the page, below the royal crest. Items 31 & 32 are related Bubble items, the first being a trial relating to the founding of the Bank of England, the other being a black and white nineteenth century reproduction of a famous scene from the peak of the Bubble mania. Overall condition is very good, with bright clean pages, and decent margins. There is some browning here and there to a few pages, but not many. A full list of the acts is available on request, but includes the following.... 1..... An Act for making good Deficiencies, & satisfying the Publick Debts, & for Erecting a Corporation to Carry on a Trade to the South - Seas, & for the Encouragement of the Fishery, & for Liberty to Trade in Unwrought Iron with Subjects of Spain... 1711. [Sperling 8]. 2..... An Act forÂ? certain Tickets which were intended to be subscribed into the Stock of the South Sea Company... 1711. 3..... An Act for laying several Duties upon all Sope and Paper made in Great Britain or imported into the same?. And for borrowing money upon stock, part of the capital of the South - Sea Company, for the use of the publick. 1712. [Sperling 26]. 4..... An Act for continuing the trade to the South - Seas, granted by an Act of the last session of Parliament, although the capital stock of the said corporation should be redeemed. 1712. [Sperling 27]. 5..... An Act for laying additional duties on sope and paper? and touching certain shares of stock in the capital of the South - Sea Company. 1714. {Sperling 38]. 6..... An Act for enlarging the capital stock and yearly fund of the South - Sea Company? 1715. [Sperling 47]. 7..... An Act for redeeming the duties and revenues which were settled to pay off principal and interest on the orders made forth on four lottery acts? 1717. [Sperling 64]. 8..... An Act for redeeming the yearly fund of the South - Sea Company? 1717. [Sperling 65]. 9..... An Act for Redeeming the Fund Appropriated for Payment of the Lottery Tickets...by a Voluntary Subscription of the Proprietors into the Capital Stock of the South - Sea Company...& to Limit Times for Prosecutions upon Bonds for Exporting Cards and Dice. 1719. [Sperling 86]. 10..... An Act for Enabling the South - Sea Company to Increase their present Capital Stock and Fund, by Redeeming such Publick Debts and Incumbrances as are therein mentioned....& for Calling in the present Exchequer Bills remaining uncancelled... 1720. [Sperling 158]. 11..... An Act for making forth New Exchequer Bills, not exceeding One million...& for lending the same to the South - Sea Company at an higher Interest, upon Security of Repaying the same and such high Interest into the Exchequer for Uses to which the Fund.. 1720. [Sperling 159]. 12..... An Act for laying a duty upon wrought plate? and to prevent counterfeiting receipts and warrants of the officers of the South - Sea Company. 1720. [Sperling 160]. 13..... An Act for restraining the Sub - Governor, Deputy - Governor, Directors, Treasurer...from going out of this Kingdom for the space of One Year...& for discovering their Estates and Effects, & for preventing the Transporting or Alienating the same. 1721. [Sperling 302]. 14..... An Act to disable the present Sub - Governor, Deputy - Governor, & Directors of the South - Sea Company, at, from, & after the respective Times for Electing a Sub - Governor, Deputy - Governor, & new Directors...and from Voting upon Elections in the said Company. 1721. [Sperling 303]. 15..... An Act to enable the South - Sea Co. to ingraft part of their Capital Stock & Fund into the Stock & Fund of the Bank of England...into the Stock & Fund of the East - India Co., & for giving further Time for Payments to be made...to the Use of the Public 1721. [Sperling 304]. 16..... An Act for raising Money upon the Estates of the late Sub - Governor, Deputy - Governor, Directors...of the South - Sea Co...towards making good the great Loss and Damage sustained by the said Company.... 1721. [Sperling 305]. 17..... An Act for making several Provisions to restore the Publick Credit, which suffers by the Frauds and Mismanagements of the late Directors of the South - Sea Company, and others. 1721. [Sperling 307]. 18..... An Act for Paying Off and Cancelling One Million of Exchequer Bills, & to give Ease to the South - Sea Company, in respect of its present Obligation, to circulate or contribute towards Circulating Exchequer Bills... 1722. [Sperling 418]. 19..... An Act to prevent the Mischiefs by Forging Powers...and to rectifie Mistakes of the late Managers for taking Subscriptions for Increasing the Capital Stock of the South - Sea Company... 1722. [Sperling 419]. 20..... An Act for prolonging the Times for hearing & determining Claims before the Tustees, in who the Estates of the late South - Sea Directors ...are vested, and other Purposes therein mentioned. 1722. [Sperling 420]. 21..... An Act for reviving and adding two million to the capital stock of the South - Sea Company, and for reviving a proportional part of the yearly fun payable at the Exchequer. 1722. [Sperling 446]. 22..... An Act for further enlarging the times for entring, hearing, and determining claims on the estates vested in the trustees of the South - Sea Company, and for obliging persons to claim stock by the time therein mentioned for money subscriptions. 1723. [Sperling 447]. 23..... An Act for enlarging the times for hearing and determining claims by the Trustees for raising money upon the estates of the late directors of the South - Sea Company, and others; and for reviving and continuing the provision formerly made against requiring special bail in actions or suits upon contracts for stock or subscriptions, between the first day of December 1719, and the first day of December 1720; and for other purposes therein mentioned. 1723. [Sperling 450]. 24..... An Act for better securing the monies and effects of the suitors of the Court of Chancery, and to prevent the counterfeiting of East-India bonds and indorsements thereon, as likewise indorsements on South - Sea bonds. 1725. [Sperling 462]. 25..... An Act to enable the South - Sea Company with the licence and consent of the East India Company, to take in negroes within their limits of trade and to deliver the same at Buenos Ayes. 1726. [Sperling 469]. 26..... An Act for enlarging the times for hearing and determining claims by the Trustees for raising money upon the estates of the late directors of the South - Sea Company and others. 1726. [Sperling 470]. 27..... An Act to discharge the Trustees appointed...& to vest in the said Company such of the Estates, which were vested in the said Trustees, as remain undisposed of... 1729. [Sperling 495]. The following three items are from volumes of Acts, not Statutes, and have the royal crest at he head of each on the first page : 28..... An Act to repeal the Provisions of former Acts, granting exclusive Privileges of Trade to the South Sea Company, and to indemnify the said Company for the Loss of such Privileges. 1815. 29..... An Act to amend an Act made in this Session of Parliament to repeal former Acts granting exclusive Privileges of Trade to the South Sea Company, and to indemnify the said Company for the Loss of such Privileges. 1815. 30..... An Act to enable His Majesty to be Governor of The South Sea Company. 1820. The following item is a report separated from A Complete Collection of State Trials, not an offprint or a reprint. Large folio (10 x 16 inches). 1779 : 31..... The Case of the Bankers in the Court of Exchequer, and afterwards in the Exchequer Chamber and Parliament, 1690, 1696, 1699. The following item is a print separated from The Graphic, not an offprint or a reprint. Large folio (15 x 22 inches). 1894 : 32..... The South Sea Bubble. The picture shows a scene in Change Alley in 1720. From the painting by E.M. Ward. 1846. The Sperling references are in relation to a catalogue of 609 items, produced in 1962, listing the holdings in the Kress Library, the British Museum, Columbia University, New York City, & the Goldsmith's Library. The South Sea Company, founded in 1711, had its origin in the idea that the state could sell trading monopolies in return for funds to reduce the national debt. It was granted a monolpoly of the British trade with South America and the Pacific Islands, the riches of which were assumed to be unlimited. Up to 1719 the company appeared prosperous and successful in servicing its responsibility to the national debt, but in 1719 it took on the whole of the national debt in return for further concessions, beating off competition from the Bank of England for the privilege and profits. However, by 1720 speculation in stocks in the company was getting out of hand, and numerous companies were formed copying the techniques, and as the growth in sellers of stock rapidly outweighed the buyers, with the stocks falling from 1000 to 175, in days, and continuing downwards, dragging everyone else, including the Bank of England in their wake. By the year's end thousands had been ruined, and Parliament was investigating the affair. When large scale fraud and corruption was exposed by this investigation, the directors estates and assets were confiscated. The company actually managed to trade on until around 1750, and then sold out its remaining rights to the Spanish government. By 1807 all its rights were finally taken away, and in 1853 the final annuities were redeemed or converted into government stocks. Size: Large Folio. Quantity Available: 1. Category: Antiquarian & Rare; Collections; Parliamentary Acts::Statutes. Pictures of this item not already displayed here available upon request. Inventory No: 233155. .
      [Bookseller: Cosmo Books]
Last Found On: 2016-11-28           Check availability:      Biblio    

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