#southseabubble — Public Fediverse posts

@david_chisnall @srtcd424
"A company for carrying an undertaking of great advantage, but nobody to know what it is” 

#SouthSeaBubble #Apocryphal

#IrishPhilosophy and the #SouthSeaBubble (2)

Molesworth (along with other Irish members at Westminster such as #ThomasBrodrick and #JohnTrenchard) took a lead in pursuing those responsible for the South Sea Bubble fraud.

Trenchard went further, writing "Cato's Letters" with #ThomasGordon, which called for "liberty, accountability, and checks upon the wealthy interests who manipulated government for their own ends." These were very influential in America.

https://www.mtsu.edu/first-amendment/article/857/cato-s-letters

#IrishPhilosophy and the #SouthSeaBubble

#JohnToland lost all his money. He'd been so broke he'd had to use his patron #RobertMolesworth's name as a guarantor to invest.
https://www.dib.ie/biography/toland-john-a8584

Perhaps this & his own losses (plus his Old Whig principles) led #RobertMolesworth to call for the "contrivers...of the villanous South-Sea scheme" to be treated as those who killed their fathers in Ancient Rome: "tied in like manner in sacks, and thrown into the Thames.”
https://www.econlib.org/book-chapters/chapter-ch-2-the-south-sea-bubble/

#JohnToland, pamphleteer, controversialist, bogeyman of the Irish establishment was born in #Inishowen, #Donegal 30 Nov 1670 #OTD.

Wrote #ChristianityNotMysterious, had to flee Dublin when the book was ordered to be burned and the author sought. Wrote political tracts, inveigled himself into the Hanoverian Court (Sophia was wary, Toland wrote #LettersToSerena for her daughter). Lost his money in #SouthSeaBubble, died in Putney.

Why no biopic? https://dib.ie/biography/toland-john-a8584

#IrishPhilosophyOTD