Books with title The Mississippi Bubble

The Mississippi Bubble revolves around the story of John Law and the famous "Mississippi Bubble", an economic crisis of speculative investment in the French colony of Louisiana. Upon finishing his education John Law intends to pursue a financial career in London, but gets involved in a duel. He escapes the sentence and travels abroad and explores the upper reaches of the St. Lawrence and to the Mississippi. John gets involved in dubious money printing business and chance has thrown him together with a woman who he takes as mistress.Emerson Hough (1857–1923) was an American author best known for writing western stories, adventure tales and historical novels. His best known works include western novels The Mississippi Bubble and The Covered Wagon, The Young Alaskans series of adventure novels, and historical works The Way to the West and The Story of the Cowboy.

Albert Deane Richardson (1833 - 1869) was a well-known American journalist, Union spy, and author, born in Franklin, Mass. At eighteen years of age he went to Pittsburg, Pa., where he formed a newspaper connection, wrote a farce for Barney Williams, and appeared a few times on the stage. In 1857 he went to Kansas, taking an active part in the political struggle of the territory, attending antislavery meetings, making speeches, and corresponding about the issues of the hour with the Boston Journal. He was also secretary of the territorial legislature. Two years later he went to Pike's Peak, the gold fever being then at its height, in company with Horace Greeley, between whom and Richardson a lasting friendship was formed. In the autumn of 1859 he made a journey through the southwestern territories, and sent accounts of his wanderings to eastern journals. During the winter that preceded the civil war he volunteered to go through the south as secret correspondent of the Tribune, and returned, after many narrow escapes, just before the firing on Sumter. He next entered the field as war correspondent, and for two years alternated between Virginia and the southwest, being present at many battles. Contents:•Westward and 'Westward, American Wines of the West. •A Glance at Wyandotte, Kansas•A War Reminiscence. Origin of the Kansas Troubles. •First Visit to Leavenworth•Deadly Affray at the Polls. •Wild Fruits of the Prairies•Night Rides on the Prairies•Governor Denver makes his Debut•An Imaginary City•A Party of Peace-makers•Feminine Smokers of Tobacco•A Bit of Legislative Fun•Great Stampede for the Mines•Horace Greeley's Wide-spread Fame•Starting for the Gregory Diggings•Little Raven as a Devotee•The Great Missouri Iron Mountains•Life at Fort Smith Arkansas•News of Broderick's Death•Preaching Easier than Practice•From El Paso to Santa Fe•A Stray Printer and Journalist•From Taos to Denver, Colorado•A Night with a Squatter•A Summer Day in Denver•Starting up the Mountains•Starting Westward again, Indian Murders and Depredations•Virginia Dale•The City of the Future•From Salt Lake City Westward•Carson City and Carson Valley•Warm Climate of Pacific Coast•A Frontier Supreme Court•Discovery of Yosemite Valley•Invited to Celestial Hospitalities•The Raw Winds of San Francisco•Excursion on the Pacific Railroad•From Salt Lake to Montana.•Lewis and Clark's Great Expedition•A Visit to Owyhee. Ruby City•The Telegraph a Miracle•Steamer-day.•Native Costumes. Old Cathedral•A Ride through Illinois. Atchison; Sumner: Leavenworth; Topeka. A Convention•From Saint Joseph to Omaha•Pandemonium on Wheels•Comstock Lode•New Year's DayThis book originally published 1869 has been reformatted for the Kindle and may contain an occasional defect from the original publication or from the reformatting.

The Mississippi Bubble revolves around the story of John Law and the famous "Mississippi Bubble", an economic crisis of speculative investment in the French colony of Louisiana. Upon finishing his education John Law intends to pursue a financial career in London, but gets involved in a duel. He escapes the sentence and travels abroad and explores the upper reaches of the St. Lawrence and to the Mississippi. John gets involved in dubious money printing business and chance has thrown him together with a woman who he takes as mistress.Emerson Hough (1857–1923) was an American author best known for writing western stories, adventure tales and historical novels. His best known works include western novels The Mississippi Bubble and The Covered Wagon, The Young Alaskans series of adventure novels, and historical works The Way to the West and The Story of the Cowboy.

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This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide.

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A historical novel about the extraordinary life of John Law, best known for his role in introducing paper money in France and promoting the Mississippi Company. The subsequent price inflation and bubble in Mississippi Company shares are well known a classic case of financial mania, comparable to the Dutch tulip mania and the South Sea Bubble in England. The collapse of the bubble is the climax of the novel. One of the best-selling fictional works of 1902.

In 1716 France was broke. A series of wars waged by Louis XIV had left the economy in ruins, the king in debt, and the government coffers empty. France did not even have enough gold to produce new coins. Into this breech stepped John Law, a brilliant Scottish economist, and a man on the run from British justice. He knew that France could never recover if it continued to base it's money on precious metals that the government actually owned. So, he set up a bank and obtained the right to issue "paper money"-pieces of paper that stood for value, but had no intrinsic worth of its own. Next, he bought a nearly defunct entity called the Mississippi Company, spun stories of gold and gems for the taking in France's Louisiana territories, and issued shares of stock. To sweeten the deal, he offered nearly unlimited credit and would guarantee the share's value. People flocked from all over France to buy Mississippi Company stock. By 1719, 500 livre shares were selling for 5000 livres. Overnight, poor people were becoming rich, and the rich were becoming even wealthier. At some point the bubble had to burst; and, in 1720, it did. The value of Mississippi Company shares began decreasing; and people started asking, if my paper stock shares were losing value, what was happening to my paper money? This began a run of people demanding gold for paper, which the banks could not provide. When the Mississippi bubble burst, tens of thousands were left impoverished. John Law was forced to flee the country, to die three years later-penniless. Emerson Hough has beautifully captured the triumph and tragedy of that era in his best selling novel: The Mississippi Bubble. It's a must read for anyone interested in how greed can overcome common sense in even the most rational of people.