Sketches of imposture, deception, and credulityDavenport, R. A. (Richard Alfred)
History
Sketches of imposture, deception, and credulity
Davenport, R. A. (Richard Alfred)
Common fallacies; Impostors and imposture
The public infatuation lasted till the 8th of September, when the stock
began to fall and soon reached the point of being worthless. Public
credit received a severe shock; the cunning ones devised a scheme for
relief from the Bank of England, and sold out for what they could
realize; some of the ministry were implicated. Knight, the Treasurer,
fled the kingdom; the Committee of the House of Commons to investigate
discovered a train of the deepest villany; the directors were seized,
and it appeared that large sums had been given to persons in the
administration and House of Commons for promoting the passing of the
act, and a fictitious stock of five hundred and seventy-four thousand
pounds had been disposed of by the directors to facilitate the passing
of the bill. The Chancellor of the Exchequer was committed to the Tower
and convicted of peculation; the estates of the most guilty directors
were confiscated for the benefit of the sufferers.
In 1825 the general feeling for bubbles was again led captive by the
unreasonable hopes of speculation. In January of that year there
existed in London no less than one hundred and twenty speculating
schemes, carried on by companies, often consisting of only the
projector and his clerk, causing great misery and frequent ruin.
THE END.
FOOTNOTES:
[1] Second Part of King Henry IV.
[2] There recently arrived in London a specimen of this
species of manufacture; it is a singular relic, consisting of
a very elaborate carving in wood of the Crucifixion, and is a
ludicrous evidence of monkish trickery. A hole is perforated
from behind, through which, by the application of a sponge
dipped in blood, a stream was made to travel to the front,
where it was seen to discharge itself from a crevice in the
Saviour’s side, which stands for the spear-wound, so that the
figure had the appearance of shedding real blood, and the drops
so discharged were sold to the devotees at an enormous price.
[3] “The camels which have had the honour to bear presents to
Mecca or Medina, are not to be treated afterwards as common
animals. They are considered consecrated to Mahomet, which
exempts them from all labour and service; they have cottages
built for their abodes, where they live at ease and receive
plenty of food, and the most careful attention.”--_Travels of
Father Strope._
Public-domain text, read in full here on John Shaqi.
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