Mississippi Company
The Mississippi Company , originally French name La compagnie du Mississippi , existed at its core since 1684 in the French colony Louisiane (Nouvelle-France) . It was reorganized in August 1717 by John Law de Lauriston from the French West India Company (French Compagnie des Indes Occidentales Françaises) into the Compagnie d'Occident (English "Company of the West" ).
history
Law founded the Banque Générale Privée ("General Private Bank") in May with the support of the King (Regent) , which initially traded the shares extremely successfully. The new company received a trade monopoly between France and the Mississippi region in North America and for the Antilles for 25 years from the royal French government .
In 1719 the company acquired the Compagnie des Indes orientales , the Compagnie de Chine and other trading companies. This resulted in the Compagnie des Indes (perpétuelle) or la Compagnie des Indes for short .
Business continued to be successful until 1746. In 1770 it was nationalized by royal decree and liquidated until 1790.
See also
- Mississippi Bubble (May – November 1720)
-
French colonies
- Antoine Crozat
- Jean Baptiste Le Moyne , Sieur de Bienville
- French East India Company (with which it was merged)
- Südseeblase (English South Sea Bubble, also Südsee- (stock exchange) vertigo) from 1720
literature
- Janet Gleeson: The Man Who Invented Money. Kremayr & Scheriau, Vienna 2001, ISBN 3-218-00691-0 .
- Philippe Haudrère, Gérard Le Bouëdec: Les compagnies des Indes. Ouest-France, Rennes 1999, ISBN 2-7373-2169-7 (French).
Web links
- Wolfgang Uchatius: Now everyone is getting rich. In: Die Zeit , No. 14 of March 31, 2010
Individual evidence
- ↑ IADB-fr-period The French Period of New Orleans ( Memento of the original on 9 October 2012 at the Internet Archive ) Info: The archive link is automatically inserted and not yet tested. Please check the original and archive link according to the instructions and then remove this notice. , 2009 (iadb.org)
