A History of Advertising from the Earliest Times.Sampson, Henry
History
A History of Advertising from the Earliest Times.
Sampson, Henry
Advertising -- History
⸸*⸸ Some Calculations relating to the Proposals made by the South Sea
Company and the Bank of England, to the House of Commons; Showing the
loss to the New Subscribers, at the several Rates in the said
Computations mention’d; and the Gain which will thereby accrue to the
Proprietors of the Old South Sea Stock. By a Member of the House of
Commons. Sold by J. Morphew near Stationers Hall. Pr. 1s. Where may
be obtained Mr. Hutchison’s Answer to Mr. Crookshank’s Seasonable
Remarks.
In the _Daily Courant_ of April 4 is also the following, which shows the
immense amount of the stock possessed by private individuals. The reward
offered for the recovery of the warrant seems ridiculously small, let
its value be what it might to the finder:--
Lost or mislaid, a South Sea Dividend Warrant No. 1343 dated the 25th
of February last, made out to John Powell Esq. for 630_l_ being for
his Half Years Dividend on 21,000_l_ stock due the 25th of December
last. If offered in Payment or otherwise please to stop it and give
Notice to Mr Robert Harris at the South Sea House, and you shall
receive 10s Reward, it not being endorsed by the said John Powell Esq.
is of no use but to the Owner, Payment being Stopt.
The only official notification in reference to the Bubble is found in
the _London Gazette_, “published by authority,” of April 5-9, 1720. It
is the commencement of a list of Acts passed by the King, and runs
thus:--
_Westminster, April 7._
HIS Majesty came this Day to the House of Peers, and being in his
Royal Robes seated on the Throne with the usual Solemnity, Sir William
Saunderson, Gentleman-Usher of the Black Rod, was sent with a Message
from His Majesty to the House of Commons, commanding their Attendance
in the House of Peers; the Commons being come thither accordingly, His
Majesty was pleased to give the Royal Assent to
_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, and for raising Money for
lessening several of the publick Debts and Incumbrances, and for
calling in the present Exchequer Bills remaining uncancelled, and for
making forth new Bills in lieu thereof to be circulated and exchanged
upon Demand at or near the Exchequer._
The advertisement then goes on to state what other Acts received the
royal assent, but with none of them have we anything to do. In the _Post
Boy_ of June 25-28 there is a notice of a contract being lost, which
runs thus:--
WHereas a Contract for the Delivery of South Sea Stock made between
William Byard Grey, Esq. and Mr. William Ferrour is mislaid or dropt:
If the Person who is possess’d of it will bring it to the Wheat-Sheaf
in Warwick-Lane, he shall have Ten Guineas Reward, and no Questions
ask’d.
Public-domain text, read in full here on John Shaqi.
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