Lot n° 26
Estimation :
800 - 1000
EUR
COMPAGNIE DES EAUX DE PARIS. - MIRABEAU. On the shares of th - Lot 26
COMPAGNIE DES EAUX DE PARIS. - MIRABEAU. On the shares of the Compagnie des eaux de Paris. London, 1785. - BEAUMARCHAIS] Réponse à l'ouvrage qui a pour titre : Sur les Actions de la Compagnie des eaux de Paris, par les administrateurs de la Compagnie. Paris, Ph.-D. Pierres, 1785. - MIRABEAU. Réponse à l'écrivain des administrateurs des eaux de Paris. Brussels, 1785. Together 3 works in one volume in-8, marbled glazed calf, triple fillet, ornate spine, red parts, interior lace, dark blue edges (Binding of the period).
Three pieces in first edition.
Mirabeau undertakes an examination of the securities of the Compagnie des Eaux de Paris, which have risen above the normal market price. He denounces the agiotage on the shares and the Périer brothers' plan to call on savings to finance the Seine water distribution operation (jet pumps), to which he opposes a public service that alone would defend the general interest.
Mirabeau's response is addressed to Beaumarchais, hired by the Périer brothers to defend the Company. This piece is cited as one of the most important documents on the history of the stock market and the organization of equity markets.
Quality binding.
One spine rubbed.
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