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Updated: June 23, 2025
Government helped it through, by guarantying its bills at six per cent. The Pretender proclaimed in Scotland. Run upon the Bank, panic. Time of the South-Sea Bubble. Reaction, demand for money, Bank of England nearly swept away, trade suspended, nation involved in suffering. Charles Edward sails for Scotland, and marches upon Derby. Panic.
If that is not a great lesson for the young, as well as for the old, then write me down as a soused gurnet. The gentle art of four-flushing was absolutely beyond his ken. He was like those South-Sea Islanders told of by Robert Louis Stevenson, who didn't know enough to lie until after the missionaries came, when they partially overcame the disability. James Oliver didn't know enough to lie.
Of this interesting group, but little account has ever been given, if we except the slight mention made of them in the sketches of South-Sea voyages. Cook, in his repeated circumnavigations of the globe, barely touched at their shores; and all that we know about them is from a few general narratives. Among these, there are two that claim particular notice.
She might at once have been known as a South-Sea whaler by the height she was out of the water, and by the boats which hung from their davits around her, painted white, light though strongly-built, with their stems and sterns sharp alike, and with a slight curve in their keels each from about twenty-six to nearly thirty feet in length. I may as well here describe the fittings of a whale-boat.
Let men say what they please, they all demand a life which shall be whole and sound throughout, and there is a drawback upon all gifts that are paid for in infirmities. There is no thorough satisfaction in art or intellect, if we yet feel ashamed before the Indian because we cannot run, and before the South-Sea Islander because we cannot swim.
He returned to Jamaica, where he found means to reinforce his crews; then he stood over to Carthagena. The Spaniards had by this time seized the English South-Sea ship at La Vera Cruz, together with all the vessels and effects belonging to that company.
Soon after the greater part of the temporary taxes of Great Britain had been rendered perpetual, and distributed into the aggregate, South-sea, and general funds, the creditors of the public, like those of private persons, were induced to accept of five per cent. for the interest of their money, which occasioned a saving of one per cent. upon the capital of the greater part or the debts which had been thus funded for perpetuity, or of one-sixth of the greater part of the annuities which were paid out of the three great funds above mentioned.
To be sure they often look magnificently to my gymnasium-trained eye; and I always like to observe them when bathing, such splendid muscular development, set off by that smooth coating of adipose tissue which makes them, like the South-Sea Islanders appear even more muscular than they are.
Young mentioned an anecdote, that his father had received several thousand pounds of subscription-money for his Universal Passion, but had lost it in the South-Sea . Dr. Johnson thought this must be a mistake; for he had never seen a subscription-book. Upon the road we talked of the uncertainty of profit with which authours and booksellers engage in the publication of literary works.
Divers national peculiarities of the physique of homes; as, Tartars' tents, Esquimaux snow-pits, Caffre kraals, Steppe huts, South-sea palm-thatch, tree-villages, caves, log-cabins, and so forth.
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