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South Sea Scheme Collapses After Long Negotiations
Historical Register notes the South Sea Company seeking aid from the Bank of England and an East India Company union. Crages and others press for a quick settlement after reports of a six million bond circulation prove groundless, prompting a lengthy conference at the General Post Office and warnings against hasty terms.
MENTIONED IN THIS ARTICLE
East India Company
Bank of England
Crages
South Sea Company
South Sea
Bank of Enzand
Viscount Fownfrend
Robert Walpole
Gilbert Heathcote
Gilbert