Chronicles and characters of the stock exchange — John Shaqi
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)
_Enormous Bribery by William.—Increased Taxation.—Speech of Sir
Charles Sedley.—Wrongs of the Soldiers.—Defence of William.—Moral
Disorganization of the Country.—First Exchequer-Bill Fraud.—First
Foreign Loan.—Romantic Fraud in 1715.—Political Fraud of ’Change
Alley.—Interference of the House of Peers.—First Hoax._ 12
CHAPTER IV.
_Charitable Corporation Fraud.—Its Discovery.—Appalling Effects
and Remedy.—Marlborough’s Victories, their History, and the Loans they
brought.—Augmented Importance of the Stock Exchange.—Dislike to the
Members.—Increased Loans.—Difficulties in procuring them.—Statement
of Sir Robert Walpole.—Gifts of Contractors to Clothiers.—First Payment
of Dividends by the Bank.—South-Sea Anecdotes._ 19
CHAPTER V.
_Life of Thomas Guy.—Imposition in Sailors’ Tickets.—Foreign Loan
attempted.—Sir John Barnard.—Expresses of the Jobbers.—Foreign
Commissions.—Origin of Time-Bargains.—Attempt to stop them.—Its
Inadequacy.—Proposal to reduce the Interest on the National
Debt.—Opposition of Sir Robert Walpole.—New Mode of raising
Loans.—Comparative Interest in Land and Funds.—Punishment of
Manasseh Lopez.—The first Reduction of Interest.—Life of Sir John
Barnard._ 25
CHAPTER VI.
_Origin of New Loans.—Fraud of a Stock-broker.—East India
Stock.—Sketch of Sampson Gideon, the great Jew Broker.—East India
Company.—Restriction of its Dividends.—Liberality to its
Clerks.—Important Decision.—Robbery at Jonathan’s.—Curious
Calculation concerning the National Debt._ 31
CHAPTER VII.
_Crisis of 1772.—Indian Adventurers, their Ostentation, their
Character.—Failure of Douglas, Heron, & Co.—Neale, Fordyce, &
Co.—Sketch of Mr. Fordyce.—His Success in the Alley.—Alarm of his
Partners.—His Artifice.—His Failure.—General Bankruptcy.—Liberality
of a Nabob.—Reply of a Quaker.—Witticism of John Wilkes.—War of
American Independence.—Artifices of Ministers.—Anecdote of Mr.
Atkinson.—Value of Life on the Stock Exchange.—Longevity of a
Stock-broker._ 39
CHAPTER VIII.
_Invention of Lotteries.—The First Lottery.—Employed by the
State.—Great Increase.—Eagerness to subscribe.—Evils of
Lotteries.—Suicide through them.—Superstition.—Insurances.—Spread of
Gambling.—Promises of Lotteries.—Humorous Episodes.—Legal
Interference.—Parliamentary Report.—Lottery Drawing.—Picture of
Morocco Men.—Their Great Evil.—Lottery Puffing.—Epitaph on a
Chancellor.—Abolition of Lotteries._ 45
CHAPTER IX.
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