Back in Sept. 1720, just as the South Sea Company was hurtling from bubble to bust and hurtling into the history books as a result the Bank of England faced a 'run' from anxious depositors.
The report said the Bounty had invested the rough equivalent of £440 million today in the slave trade, via the South Sea Company, between 1720 and 1740. The Archbishop of Canterbury, Justin Welby ...
The real reasons behind the bubble are complex. The South Sea Company, which gave its name to the event, helped the government manage its debt and also traded enslaved Africans to the Spanish colonies ...
The Jacobite leaders were impeached and some were executed. The South Sea Company was a financial and trading organisation mainly dealing with Spanish America. It received trading rights to the ...