University of Virginia Library

965. BUBBLES,

Speculative.—The American
mind is now in that state of fever
which the world has so often seen in the history
of other nations. We are under the bank
bubble, as England was under the South Sea
bubble, France under the Mississippi bubble,
and as every nation is liable to be, under whatever
bubble, design, or delusion may puff up
in moments when off their guard.—
To Charles Yancey. Washington ed. vi, 515. Ford ed., X, 2.
(M. Jan. 1816)

See Speculation.


110

Page 110