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Luciphers New Row-Barge, circa 1721 (engraving)
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Luciphers New Row-Barge, circa 1721 (engraving)
XJF867854 Luciphers New Row-Barge, circa 1721 (engraving) by English School, (18th century); Private Collection; (add.info.: BM 1865, 0114.430); English, out of copyright
Media ID 12940735
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Bubble Cashier Cheat Cheating Crash Devil Directors Economy Finance Financial Fraud Inquisition Investigation Investment Pillory Retribution Risk Shares South Sea South Sea Bubble South Sea Company Speculation Stock Stocks Traitor Punishment
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Luciphers New Row-Barge - A Satirical Reflection on the South Sea Bubble
EDITORS COMMENTS
. This intriguing engraving, created by an anonymous English artist in the 18th century, captures the essence of one of history's most notorious financial scandals - the South Sea Bubble. The image depicts a row-barge adorned with devilish figures and symbols, symbolizing deceit and corruption. During this period in 1721, England was swept up in a speculative frenzy surrounding shares of the South Sea Company. Promising great returns from trade with Spanish colonies in South America, investors eagerly bought into this seemingly lucrative opportunity. However, as greed took hold and rumors spread about fraudulent practices within the company, reality began to unravel. The engraving serves as a biting critique of those involved in this economic disaster. It portrays traitors being punished on pillories while others face retribution for their role in cheating innocent investors out of their hard-earned money. The cartoon-like depiction highlights not only the severity of punishment but also mocks those who were once seen as pillars of society. Through its satirical imagery and symbolism, this print exposes the consequences faced by individuals who engaged in financial speculation without considering its risks or ethical implications. It stands as a reminder that even today's markets are susceptible to manipulation and that vigilance is necessary to protect against fraud and deceit. As we gaze upon Luciphers New Row-Barge, we are reminded that behind every investment lies potential danger – it is our responsibility to navigate these treacherous waters
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