Home › The Mississippi Scheme and Its Antecedents › The Mississippi Scheme and Its Antecedents: France

The Mississippi Scheme and Its Antecedents: France

Law had promised high dividends to the speculators in his scheme, and had so far paid them; so it was no wonder that "The System" raised its head again. In 1719-20, all France seemed to flock to Paris to such a degree and with such unanimity of purpose, that it was difficult to obtain room to go on with the necessary work of the Mississippi Scheme. In such matters, resting on human greed which throws all prudence to the winds, the pressure is always towards the centre; and the narrow street of Quin cam poix became a seething mass, day and night, of speculators in a hurry to buy shares.