Chronicles and characters of the stock exchangeFrancis, John, of the Bank of England
History
Chronicles and characters of the stock exchange
Francis, John, of the Bank of England
Speculation; Stock Exchange (London, England)
Original Cost. Value in 1824. Annual Dividend.
£140 £2,840 £100
STAFFORD AND WORCESTER.
£140 £960 £40
TRENT AND MERSEY.
£200 £4,600 £150 and bonus.
FOOTNOTES:
[5] The road to Paddington, now known as the New Road, was hotly
contested by the Duke of Bedford, on account of the dust it would
create, and the view it would abridge. Walpole wrote, that the Duke
was never in town to feel the dust, and was too short-sighted to see
the prospect.
[6] The attempt of Mr. Ogle to run locomotives on the public roads
must have cost him many thousands; and nothing but the same popular
prejudice which attempted to prove that engines on railroads would
send horses mad with fright, prevented this great attempt from
becoming general. The reader must remember the grave shaking of heads
which met Mr. Ogle’s cherished design, as similar heads have always
been shaking at novel propositions.
CHAPTER XIV.
_Monetary Excitement.—Approaches to the Stock Exchange.—Gold
Company.—Equitable Loan Company.—Frauds in Companies.—Loan to
Foreign States.—Poyais Bubble._
The excitement of 1824 and 1825 has usually been considered in
reference to banking and the Bank of England. It is the writer’s
present purpose to draw attention to the social and moral evils of
the period; and, by a simple detail of some curious incidents and
dangerous adventures arising out of it, to draw attention to the
great and crying iniquities which obtained.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account