The "Mississippi Company" (of 1684) became the "Company of the West" (1717) and expanded as the "Company of the Indies" (1719). This corporation, which held a business monopoly in French colonies in North America and the West Indies, became one of the earliest examples of an economic bubble.
Famous quotes containing the words mississippi and/or company:
“Listen, my friend, Ive just come back from Mississippi and over there when you talk about the West Bank they think you mean Arkansas.”
—Patrick Buchanan (b. 1938)
“Mrs. Mirvan says we are not to walk in [St. Jamess] Park again next Sunday ... because there is better company in Kensington Gardens; but really, if you had seen how every body was dressed, you would not think that possible.”
—Frances Burney (17521840)