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Memoirs of Extraordinary Popular Delusions and the Madness of Crowds

Note 5 — MONEY MANIA.—THE MISSISSIPPI SCHEME.

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This anecdote is related by M. de la Hode, in his Life of Philippe of Orleans. It would have looked more authentic if he had given the names of the dishonest contractor and the still more dishonest minister. But M. de la Hode’s book is liable to the same objection as most of the French memoirs of that and of subsequent periods. It is sufficient with most of them that an anecdote be ben trovato; the vero is but matter of secondary consideration. Return

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