When John Law plied his financial wizardry in eighteenth century France, dissolving the national debt and creating fortunes
for anyone who invested in his scheme, the rest of Europe looked on in envy. Known as the Mississippi Bubble, Law’s complex
manipulations of shares and dividends would eventually destroy the entire banking system that he helped establish. In an effort to
copy France’s early success, England created a similar scheme under the auspices of the South Sea Company.
When both bubbles burst simultaneously, the ensuing financial disaster evaporated fortunes overnight and sparked bank runs. But,
unlike the Royal Bank of France, the Bank of England had avoided entanglement with the speculative frenzy and was able to
survive the onslaught. The contrast ensured that Great Britain, rather than France, would lead Europe’s drive toward global expansion and
international trade.
"Upton Tea Imports was founded in 1989 with the objective of providing the North American tea drinker with
the finest teas available. We purchase teas from reputable brokers and estates worldwide, dealing only with
sources who are capable of providing top quality teas. We sell directly to the consumer, thus ensuring the
freshest product and fairest pricing."
Hopkinton, Massachusetts
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