The Nuttall Encyclopedia
was started in France 1717 by John Law and the Government, ostensibly to develop the Mississippi basin, but really to ease the pressure on the exchequer; a company was formed and empowered to monopolise almost all the foreign trade; 624,000 shares were issued; depreciated paper currency was accepted in payment, and the national bank issued notes without stint; in 1719 the demand for shares was enormous; the nation was completely carried away; next year the crash came; the Government made every effort to save the position, but in vain; the distress was extreme, and Law had to leave the country.
The numerical value of mississippi scheme in Chaldean Numerology is: 7
The numerical value of mississippi scheme in Pythagorean Numerology is: 3
Images & Illustrations of mississippi scheme
Find a translation for the mississippi scheme definition in other languages:
Select another language:
Discuss these mississippi scheme definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"mississippi scheme." Definitions.net. STANDS4 LLC, 2017. Web. 25 May 2017. <http://www.definitions.net/definition/mississippi scheme>.