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Discrete CollectionsPolitics, economics and social science collections
TitleSouth Sea Company: notebook of subscribers, 1720
Ref NoSR 0083
LevelCollection
Date1711-1720
Extent1 volume
Admin Biographical HistoryRobert Harley, Earl of Oxford and Lord Treasurer, initiated a scheme for the funding of national debt through the South Sea Company, founded in 1711 to trade with Spanish America, on the assumption that the War of the Spanish Succession would end with a treaty permitting such trade. The Treaty of Utrecht, 1713, was less favourable than had been hoped, but confidence in the Company remained artificially high, eventually leading to the collapse of the stock market in 1720 (the South Sea Bubble) and the ruin of many investors. The Company, however, survived until 1853.
DescriptionNotebook containing a draft address to Robert, Earl of Oxford, by the subscription commission of the Corporation for carrying on trade to the South Seas, [1711], including a list of subscribers of more than £3,000. The names of Governors and Directors of the Corporation are indicated by a mark in the margin. The last page of the book has been reused for personal accounts, including the purchase of female mourning clothes, 1720.
Access StatusOpen
Copyright TypeCopyright holder unknown
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