
Not on display
- Artist
- Edward Matthew Ward 1816–1879
- Medium
- Oil paint on canvas
- Dimensions
- Support: 1295 × 1880 mm
frame: 1820 × 2410 × 170 mm - Collection
- Tate
- Acquisition
- Presented by Robert Vernon 1847
- Reference
- N00432
Display caption
The South Sea Bubble was a brief period of wild financial speculation in Britain. It was centred on the fortunes of the South Sea Company, which shipped people from Africa to become enslaved labourers on plantations in Central and South America. British aristocrats and leading politicians were shareholders, which gave a legitimacy to the company and its slave trading activities. The shares were extremely popular and rose rapidly in value. Many other companies, some fraudulent, issued stock. When the stock market collapsed in 1720 a large number of people were financially ruined.
Gallery label, December 2019
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