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The Committee of Inquiry on the South Sea Bubble publishes its findings, revealing details of fraud among company directors and corrupt politicians.

Historical image related to The Committee of Inquiry on the South Sea Bubble publishes its findings, revealing details of fraud among company directors and corrupt politicians. from January 6, 1721

South Sea Company

18th-century economic speculation bubble

The South Sea Company was a British joint-stock company founded in January 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly to supply African slaves to the…
Source: Wikipedia (CC BY-SA)

January 6

Day of the year

January 6 is the sixth day of the year in the Gregorian calendar; 359 days remain until the end of the year.
Source: Wikipedia (CC BY-SA)