English Caricaturists and Graphic Humourists of the Nineteenth Century.: How they Illustrated and Interpreted their Times.Everitt, Graham
History
English Caricaturists and Graphic Humourists of the Nineteenth Century.: How they Illustrated and Interpreted their Times.
Everitt, Graham
Caricature -- Great Britain; Illustration of books -- Great Britain -- 19th century
_Drilling One-tenth of the Military in the Manual Exercise_, and _Saint
Shela_ (two subjects), have reference to the Tenth Hussars and Battier
scandal, mentioned in a previous chapter;[84] other subjects of 1824
are: _Parisian Luxury_ (a man being shaved in a bath); _Preparing for a
Duel_; and _The Ostend Packet in a Squall_; all etched by George from
the designs of other artists. The mania for joint-stock companies in
1825, was scarcely equalled by the speculation mania which inaugurated
the passing in our own time of the "Limited Liability Act." In 1824 and
the beginning of 1825, two hundred and seventy-six companies had been
projected, of which the aggregate capital (on paper only) represented
L174,114,050. Thirty-three of these were established for the
construction of canals and docks, forty-eight of railroads, forty-two
for the supply of gas, six of milk, and eight of water, four for the
working of coal, and thirty-four of metal mines; twenty new insurance
companies were started, twenty-three banks, twelve navigation and packet
companies, three fisheries, two for boring tunnels under the Thames,
three for the embellishment and improvement of the metropolis, two for
sea-water baths, and the rest for miscellaneous purposes; it is a
somewhat significant fact that two only had for their object the
establishment of newspapers. Notwithstanding the manifest absurdity of
many of these projects, the shares of several--especially of the mining
adventurers in South America--rose to enormous premiums. Among the last
may be mentioned those of the Real del Monte, the price of which,
between the 10th of December and the 11th of January, rose from L550 to
L1350, and the United Mexican during the same period from L35 to L1550.
On these last shares only L10 had been paid, and on the former only L70.
Speaking of this mania, the Rev. T. F. Dibdin (in his "Reminiscences")
says, "If it did not partake of the name, it had certainly all the wild
characteristics of the South Sea Bubble. To-day you had only to put your
name down to a share or shares in the Rio de la Plata or other South
American mines, and to-morrow a supplicant purchaser would give you
fifty per cent. for every share taken. The old were bewitched ... the
young were in ecstasies. Everybody made a rush for the city. A new world
of wealth had been discovered. It was only to ask and have." George
Cruikshank refers to this state of things in a caricature called, _A
Scene in the Farce of Lofty Projects, as Performed with great success
for the benefit and amusement of John Bull_. Besides these, he gives us
_The Four Mr. Prices_ (High Price, Low Price, Full Price, and Half
Price).
Public-domain text, read in full here on John Shaqi.
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