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South Sea Company trial and 1752 stock actions in Parliament
The Lords examined South Sea Company directors and brokers, censure included for buying the Aldummer Dividend and defrauding stockholders. Resolutions denounced frauds, prices manipulation, and the third subscription, with details on dividends and stock declarations. The petition from the East Indies merchants was heard, and a bill on reinforcing woollen and silk industries and penalizing improper calico usage was moved to committee.
MENTIONED IN THIS ARTICLE
South Sea Company
United Company of Merchants of England
East Indies
Robert Walpole
House
Bank of England
The
East India Company
Commons
Lords
Mawes