By hanging or by drowning.
Five hundred millions notes and bonds,
Our stocks are worth in value;
But neither lie in goods or lands,
Or money, let me tell you;
Yet, though our foreign trade is lost,
Of mighty wealth we vapour;
When all the riches that we boast,
Consist in scraps of paper.
October 1, South-Sea Stock had fallen to 370; on the 6th to 180. The consternation occasioned by this event to those who had purchased at 980, may readily be conceived. The Saturday's Post of the 1st remarks: "It is impossible to express the vast alterations made by the sudden and unaccountable fall of the South-Sea Stock, as well as other Stocks; some few of the dealers in them, indeed, had happily secured themselves before the storm arose; but the far greater number who are involved in this public calamity, appear with such dejected looks, that a man of little skill in the art of physiognomy may easily distinguish them.