The Dutch financial crisis of 1720: the city of Amsterdam represents the voice of reason and resists disastrous speculation, while investors elsewhere are ruined . Etching, 1720.

Date:
[1720?]
Reference:
812357i
Part of:
Groote tafereel der dwaasheid.
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About this work

Description

The following is based on the British Museum online catalogue. An outdoor scene in which a desperate shareholder who has lost his money is about to kill himself with a dagger. He looks towards a man representing Reason, who holds a lyre and a mirror; beneath Reason's feet lie the bodies of two desperate shareholders representing Violence and Despair, one of whom has already killed himself. He points behind him to Prudence holding a shield with the letter 'Y' from which rays shine on four figures who fall back under her influence: Pride, Superstition, Wantonness, and Greed. The "Y" presumably represents the river Ij and stands for Amsterdam. In the background, lightning strikes above a crowd. Truth, enthroned in the clouds, looks calmly down at the confusion below

Publication/Creation

[Amsterdam] : [publisher not identified], [1720?]

Physical description

1 print : etching, with engraving ; platemark 16 x 10.2 cm

Lettering

Spiegel der reden voor de wanhopende actionisten Translation of lettering: "The mirror of reason before the despairing shareholders". Below and beside the image, Dutch verses printed in leterpress in three columns

References note

Frederik Muller, De nederlandsche geschiedenis in platen. Beredeneerde beschrijving van nederlandsche historieplaten, zinneprenten en historische kaarten, Amsterdam 1863, part 2, no. 3569 (34)
British Museum, Catalogue of political and personal satires, vol. 2, London 1978, no. 1674
Arthur H. Cole, The great mirror of folly (Het groote tafereel der dwaasheid). An economic-bibliographical study, Boston 1949, no. 34

Reference

Wellcome Collection 812357i

Notes

'Het groote tafereel der dwaasheid', Amsterdam, 1720, is a collection of literary and pictorial satires relating to the Dutch speculation bubble of 1720, which occurred simultaneously with the South Sea bubble and the Mississippi bubble involving John Law. This print is one of the many in that collection: see A.H. Cole, op. cit.

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