The Mississippi scheme was started in France in 1717 by John Law and the Government, nominally to develop the basin of that river, but really to ease the pressure on the exchequer. Over 600,000 shares were issued, and the demand was enormous; the crash came in 1720.

Note by A.J.Grieve, (MA) to the chapter Changes To The Constitution in Part Two of "Reflections On The Revolution"
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