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Emblematical Print on the South Sea Scheme
Print by William Hogarth
| Emblematical Print on the South Sea Scheme | |
|---|---|
| Artist | William Hogarth |
| Year | 1721 |
| Type | Engraving |
| Dimensions | 22.2 cm × 31.8 cm (8.8 in × 12.5 in) |
Emblematical Print on the South Sea Scheme (also known as The South Sea Scheme) is an early print by William Hogarth, created in 1721 and widely published from 1724.
It caricatures the financial speculation, corruption and credulity that caused the South Sea Bubble in England in 1720–21. The print is often considered the first editorial cartoon or as a precursor of the form.
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Background
The South Sea Company was a Britishjoint stock company founded in 1711. It was granted a monopoly to trade with Spain's South American colonies as part of a treaty during the War of Spanish Succession, in return for the company's assumption of the national debt run up by England during the war.
Speculation in the