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South Sea Company and Bank split debated in Commons
The speaker recalls opposing the advance of four million toward the South Sea Scheme, warning that the Bank’s concurrence was essential. He says he would not support further bids, reports selling South Sea stock the night before proposals were offered, and asserts no further contact with South Sea directors occurred after the bill was drawn.
MENTIONED IN THIS ARTICLE
South Sea Company
South-Ses Company
John Blune
House of Commons
South-Sea Company
Lod Stayhope
Craggs
Weymondfold