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:
““Where is the Mississippi panorama
And the girl who played the piano?
Where are you, Walt?
The Open Road goes to the used-car lot.”
—Louis Simpson (b. 1923)
“I hate the prostitution of the name of friendship to signify modish and worldly alliances. I much prefer the company of ploughboys and tin-peddlers, to the silken and perfumed amity which celebrates its days of encounter by a frivolous display, by rides in a curricle, and dinners at the best taverns.”
—Ralph Waldo Emerson (1803–1882)