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Hutteldorf sunset..
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My hostel was near this place.
Royal Cafe..
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A cafe in front of Karlsplatz metro station..
Colorful windows...
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Museum quarter building in Vienna
Almost there...
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I tried my best to get exact reflection but could not get the perfect shot. The left side is the reflection of right side.
Hope...
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Inside a church in Vienna. I liked the contrast between glowing candles and blue floor.
Vienna, June 2009
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Vienna & Wachau, June 2009
Vienna, June 2009
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Vienna & Wachau, June 2009
Vienna, June 2009
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Vienna & Wachau, June 2009
Vienna, June 2009
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Vienna & Wachau, June 2009
Vienna, June 2009
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Vienna & Wachau, June 2009
Vienna, June 2009
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Wiener eller vanlig?
The South Sea Bubble
$21.28
Book
This is the first systematic account of the greatest financial crisis and public scandal in English history, placed in its European and historical context.
After the Revolution of 1688, England advanced rapidly along the path of material progress. This advance, which the author has called the Commercial Revolution, was abruptly checked by the events of 1720, usually known as the South Sea Bubble. The bursting of the Bubble, an event that affected nearly every pocket of England, was followed by the long pause of the Augustan Age, a period of calm before the beginning of the Industrial Revolution. But for this wave of cautiousness following "the shipwreck of the Year Twenty," as Gibbon called it, the Industrial Revolution might have begun forty or fifty years earlier.
The South Sea Company was founded in 1711, and was granted a monopoly of the British trade with South America and Pacific islands. During the next few years the Company accomplished little and profits were meager. But beginning in 1719, a financial euphoria stemming from the boom of the Mississippi Bubble in France swept over Europe, and the price of South Sea stock surged skyward. A frenzy of wild speculation gripped the entire nation.
In July of 1720, the price of South Sea stock stood at 1,000; four months later it had fallen to 135. The repercussions of the crash were widespread: hundreds of illustrious families were ruined or brought near to bankruptcy, many persons who were committed to heavy payments fled the country, the stock of the Bank of England itself fell from 263 to 145, food riots became a serious threat in London.
An investigation was launched in the House of Commons, and the scandal that ensued rocked the throne itself. It was found t hat the company's books contained fictitious entries, and that favors secured from the State had been purchased by gifts to Ministers, some of whom had also made large sums of money by stock speculation. The Chancellor of the Exchequer was found guilty of the "most notorious, dangerous, and infamous corruption," and was expelled from the House and imprisoned. The Postmaster-General committed suicide the day before he was to face charges against him. Mobs that formed outside Parliament were threatened with the imposition of the Riot Act.
Whether judged from the point of view of historical importance or of sheer entertainment, the story of the South Sea Bubble is of extraordinary interest and curiosity. There are few historical events that illustrate more clearly the interdependence of economic, political, and social history. And the leading personalities of the Bubble form a vivid gallery of villains, eccentrics, and fools.
John Carswell is the author of several books dealing with the eighteenth century, including The Romantic Rogue and The Old Cause.
This is a reproduction edition from a scanned copy of the following original edition:
The South Sea bubble
John Carswell
Published by Stanford University Press, 1960
Original from the University of California
Digitized Jun 13, 2008
314 pages
Find more reproduction works from Stanford University Press at QOOP.com
Schönbrunn Palace Gardens
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Vienna by Night
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Hotel Royal
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Kunsthistorisches Museum sculpture
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Kunsthistorisches Museum
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Horse in Vienna
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Opera house..
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Royal Cafe..
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A cafe in front of Karlsplatz metro station..
Colorful windows...
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Museum quarter building in Vienna
British Museum
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Covent Garden
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Cinque Terre Cottage
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Roman Staircase
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