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Een schoone Lofkrans deese onse Actie Winkel cierd Met planten, meubelen en veelerly gediert. - Graf kelder der verongelukte actionisten. |
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Selling price: $250
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Description
Print published in : Het groote tafereel der dwaasheid : vertoonende de opkomst, voortgang en ondergang der actie, bubbel en windnegotie, in Vrankryk, Engeland, en de Nederlanden, gepleegt in den jaare MDCCXX.
Title in English : "Title (page) of Honour, or Curtain before the Theatre of the Action Plays, representing the Action Shop of the Green and Barren Times, or Mirror of the Paper World".
The bottom text continues:
De jeugd juichte om de Blyde Tyd,
Geknoltuind in haar Actie-winkel,
Met uitgelaaten vreugd-gerinkel:
De bladgoude eeuw gaf wis profyt,
Doch is hervormd in zilver, koper,
Ja yzer en onvatbaar quik,
Dat in de lucht, tot veeler schrik,
Vervloog, dies menig kakhiel-looper
Noch voor de Winter schroomd den dag,
En schuild, men weet niet in wat holen,
Tot dat, na Noorder kaprioolen,
Hy weer in 't Zuid praald als hy plag,
Nu spiegeld zig de jong lafaard,
Ziet alles hier geheel verkeerd,
Wie zyn papier waereld leerd.
Hoe dolle windschat is zyn straf waard,
Van de oude Gryn chagryn verzeld,
Die met hem pruild, met Fenixvleugelen
Ontkomen willende en beteugelen,
Die hem ten val te veel bekneld.
Hy schrickt den spiegel zelfs te aanschouwen,
Waar in hy actieus ons toond,
Hoe 't end zo 't quaad, als 't goed werk loond.
Zie voorts het praalschrift uitgehouwen
In 't keldergraft steen, daar de dood
In herbergd veele, die door schaade,
Uit koppigheid, of ook door nood
Verrukt tot de allerdolste daaden,
Haar zelven gaven slechts de rest,
Het zy door strop, pistool of degen,
Niet eens om hunne ziel verleegen,
Ter duistere eeuwigheid geprest.
De tyd zal de uitkomst haast ontdekken,
Die zyn gordyn opschuiven kon,
De prys licht aller Actien won,
Daar nu de wyze en stapel gekken
Beide even mislaan, yders hand
Kan slechts de lyst der spiegels vatten
Als 't buyten werk de onzichtb[a]re schatten
Des voorschriks kluisteren lieten
Die Actie-arenden in waan,
Wien 't als de Uilen is vergaan.
(Schoon schootvry) deugd schatze als b?-dieten.
Zie eindelyk in dit figuur
Blanke Actien aan de wand gehangen
Maar zegt gy, wie zou die verlangen?
Ontblood van naam, van tyd en uur.
't Zyn Nieten, als Loteryen,
Die meenig springhans noch doen staan,
En Weêr op vrye voeten gaan,
't Papier geld meer als sotternyen
't Is beter wit, als vals beklad
Want zulks Foruin en Faam doet yzen
Die staag van huis zyn, en bewyzen
Dat geen van beide een vaste stad
Ter woon houd, wyl ze onrustig zweeven.
Zwyg Musa! Wilt dit spel kamp geeven.
A caricature in prose and verse satirizing the first truly international speculative crisis in the history of financial capitalism, the "Mississippi scheme" (1718-1720) of the French Compagnie d'Occident and the speculations its stock that led to the complete ruin of many of its over-eager French, Dutch and English shareholders.
John Law (1671-1729), the son of an Edinburgh banker and successful financier who established the "Banque Générale" in France in 1715, founded the Compagnie de l'Occident for the exploitation of the resources of French Louisiana after Antoine Crozat had surrendered his charter in 1717. Law's reputation caused the stock to sell readily, and the organization soon enlarged the scope of its activities by absorbing other commercial companies, its name than being changed to the 'Company of the Indies'. Enormous profits were anticipated?and the increasing demand for its stock led to wild speculation.
The anticipated immense and immediate profits were not realized, and soon the scheme revealed itself as a purely speculative venture.
In 1720 the company failed, the 'bubble' bust, and the stockholders lost their entire investment, many being completely ruined.
Read more about "Het Groote Tafereel der Dwaasheid", or "The Great Mirror of Folly" or view several of the seventy-four plates from this book.
Reference: A.H.Cole, The great mirror of folly, 1949.
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