Anotherfraudthatwasverysuccessful，wasthatofthe“GlobePermits，“astheywerecalled。Theywerenothingmorethansquarepiecesofplayingcards，onwhichwastheimpressionofaseal，inwax，bearingthesignoftheGlobeTavern，intheneighbourhoodofExchangeAlley，withtheinscriptionof“SailClothPermits。“Thepossessorsenjoyednootheradvantagefromthemthanpermissiontosubscribe，atsomefuturetime，toanewsail-clothmanufactory，projectedbyonewhowasthenknowntobeamanoffortune，butwhowasafterwardsinvolvedinthepeculationandpunishmentoftheSouthSeadirectors。ThesepermitssoldforasmuchassixtyguineasintheAlley。
　　Personsofdistinction，ofbothsexes，weredeeplyengagedinallthesebubbles，thoseofthemalesexgoingtotavernsandcoffee-housestomeettheirbrokers，andtheladiesresortingforthesamepurposetotheshopsofmillinersandhaberdashers。Butitdidnotfollowthatallthesepeoplebelievedinthefeasibilityoftheschemestowhichtheysubscribed；itwasenoughfortheirpurposethattheirshareswould，bystock-jobbingarts，besoonraisedtoapremium，whentheygotridofthemwithallexpeditiontothereallycredulous。Sogreatwastheconfusionofthecrowdinthealley，thatsharesinthesamebubblewereknowntohavebeensoldatthesameinstanttenpercent。higheratoneendofthealleythanattheother。Sensiblemenbeheldtheextraordinaryinfatuationofthepeoplewithsorrowandalarm。Thereweresome，bothinandoutofParliament，whoforesawclearlytheruinthatwasimpending。Mr。Walpoledidnotceasehisgloomyforebodings。Hisfearsweresharedbyallthethinkingfew，andimpressedmostforciblyuponthegovernment。Onthe11thofJune，thedaytheParliamentrose，theKingpublishedaproclamation，declaringthatalltheseunlawfulprojectsshouldbedeemedpublicnuisances，andprosecutedaccordingly，andforbiddinganybroker，underapenaltyoffivehundredpounds，frombuyingorsellinganysharesinthem。Notwithstandingthisproclamation，roguishspeculatorsstillcarriedthemon，andthedeludedpeoplestillencouragedthem。Onthe12thofJuly，anorderoftheLordsJusticesassembledinprivycouncilwaspublished，dismissingallthepetitionsthathadbeenpresentedforpatentsandcharters，anddissolvingallthebubblecompanies。Thefollowingcopyoftheirlordships’order，containingalistofallthesenefariousprojects，willnotbedeemeduninterestingatthepresentday，whenthereisbuttoomuchtendencyinthepublicmindtoindulgeinsimilarpractices:-
　　“AttheCouncilChamber，Whitehall，the12thdayofJuly，1720。
　　Present，theirExcellenciestheLordsJusticesinCouncil。
　　“TheirExcellencies，theLordsJusticesincouncil，takingintoconsiderationthemanyinconveniencesarisingtothepublicfromseveralprojectssetonfootforraisingofjointstockforvariouspurposes，andthatagreatmanyofhisMajesty’ssubjectshavebeendrawnintopartwiththeirmoneyonpretenceofassurancesthattheirpetitionsforpatentsandcharters，toenablethemtocarryonthesame，wouldbegranted:topreventsuchimpositions，theirExcellencies，thisday，orderedthesaidseveralpetitions，togetherwithsuchreportsfromtheBoardofTrade，andfromhisMajesty’sAttorneyandSolicitorGeneral，ashadbeenobtainedthereon，tobelaidbeforethem，andaftermatureconsiderationthereof，werepleased，byadviceofhisMajesty’sPrivyCouncil，toorderthatthesaidpetitionsbedismissed，whichareasfollow:——
　　Petitionofseveralpersons，prayingletterspatentforcarryingonafishingtrade，bythenameoftheGrandFisheryofGreatBritain。
　　PetitionoftheCompanyoftheRoyalFisheryofEngland，prayingletterspatentforsuchfurtherpowersaswilleffectuallycontributetocarryonthesaidfishery。
　　PetitionofGeorgeJames，onbehalfofhimselfanddiverspersonsofdistinctionconcernedinanationalfishery；prayingletterspatentofincorporationtoenablethemtocarryonthesame。
　　Petitionofseveralmerchants，traders，andothers，whosenamesarethereuntosubscribed，prayingtobeincorporatedforrevivingandcarryingonawhalefisherytoGreenlandandelsewhere。
　　PetitionofSirJohnLambert，andotherstheretosubscribing，onbehalfofthemselvesandagreatnumberofmerchants，prayingtobeincorporatedforcarryingonaGreenlandtrade，andparticularlyawhalefisheryinDavis’sStraits。
　　AnotherpetitionforaGreenlandtrade。
　　Petitionofseveralmerchants，gentlemen，andcitizens，prayingtobeincorporated。forbuyingandbuildingofshipstoletorfreight。
　　PetitionofSamuelAntrimandothers，prayingforletterspatentforsowinghempandflax。
　　Petitionofseveralmerchants，mastersofships，sail-makers，andmanufacturersofsail-cloth，prayingacharterofincorporation，toenablethemtocarryonandpromotethesaidmanufactorybyajointstock。
　　PetitionofThomasBoyd，andseveralhundredmerchants，ownersandmastersofships，sailmakers，weavers，andothertraders，prayingacharterofincorporation，empoweringthemtoborrowmoneyforpurchasinglands，inordertothemanufacturingsail-clothandfineHolland。
　　PetitiononbehalfofseveralpersonsinterestedinapatentgrantedbythelateKingWilliamandQueenMary，forthemakingoflinenandsail-cloth，prayingthatnochartermaybegrantedtoanypersonswhatsoeverformakingsail-cloth，butthattheprivilegenowenjoyedbythemmaybeconfirmed，andlikewiseanadditionalpowertocarryonthecottonandcotton-silkmanufactures。
　　Petitionofseveralcitizens，merchants，andtradersinLondon，andothers，subscriberstoaBritishstock，forageneralinsurancefromfireinanypartofEngland，prayingtobeincorporatedforcarryingonthesaidundertaking。
　　PetitionofseveralofhisMajesty’sloyalsnbjectsofthecityofLondon，andotherpartsofGreatBritain，prayingtobeincorporated，forcarryingonageneralinsurancefromlossesbyfirewithinthekingdomofEngland。
　　PetitionofThomasBurges，andothershisMajesty’ssubjectstheretosubscribing，inbehalfofthemselvesandothers，subscriberstoafundof1，200，000pounds，forcarryingonatradetohisMajesty’sGermandominions，prayingtobeincorporated，bythenameoftheHarburgCompany。
　　PetitionofEdwardJones，adealerintimber，onbehalfofhimselfandothers，prayingtobeincorporatedfortheimportationoftimberfromGermany。
　　PetitionofseveralmerchantsofLondon，prayingacharterofincorporationforcarryingonasalt-work。
　　PetitionofCaptainMacphedris，ofLondon，merchant，onbehalfofhimselfandseveralmerchants，clothiers，hatters，dyers，andothertraders，prayingacharterofincorporation，empoweringthemtoraiseasufficientsumofmoneytopurchaselandsforplantingandrearingawoodcalledmadder，fortheuseofdyers……PetitionofJosephGalendo，ofLondon，snuff-maker，prayingapatentforhisinventiontoprepareandcureVirginiatobaccoforsnuffinVirginia，andmakingitintothesameinallhisMajesty’sdominions。“
　　ThefollowingBubbleCompanieswerebythesameorderdeclaredtobeillegal，andabolishedaccordingly:——
　　FortheimportationofSwedishiron。
　　ForsupplyingLondonwithsea-coal。Capital，threemillions。
　　ForbuildingandrebuildinghousesthroughoutallEngland。Capital，threemillions。
　　Formakingofmuslin。
　　ForcarryingonandimprovingtheBritishalumworks。
　　ForeffectuallysettlingtheislandofBlancoandSalTartagus。
　　ForsupplyingthetownofDealwithfreshwater。
　　FortheimportationofFlanderslace。
　　ForimprovementoflandsinGreatBritain。Capital，fourmillions。
　　ForencouragingthebreedofhorsesinEngland，andimprovingofglebeandchurchlands，andforrepairingandrebuildingparsonageandvicaragehouses。
　　FormakingofironandsteelinGreatBritain。
　　ForimprovingthelandinthecountyofFlint。Capital，onemillion。
　　Forpurchasinglandstobuildon。Capital，twomillions。
　　Fortradinginhair。
　　Forerectingsalt-worksinHolyIsland。Capital，twomillions。
　　Forbuyingandsellingestates，andlendingmoneyonmortgage。
　　Forcarryingonanundertakingofgreatadvantage，butnobodytoknowwhatitis。
　　ForpavingthestreetsofLondon。Capital，twomillions。
　　ForfurnishingfuneralstoanypartofGreatBritain。
　　Forbuyingandsellinglandsandlendingmoneyatinterest。
　　Capital，fivemillions。
　　ForcarryingontheRoyalFisheryofGreatBritain。Capital，tenmillions。
　　Forassuringofseamen’swages。
　　Forerectingloan-officesfortheassistanceandencouragementoftheindustrious。Capital，twomillions。
　　24。Forpurchasingandimprovingleasablelands。Capital，fourmillions。
　　25。Forimportingpitchandtar，andothernavalstores，fromNorthBritainandAmerica。
　　26。Fortheclothing，felt，andpantiletrade。
　　27。ForpurchasingandimprovingamanorandroyaltyinEssex。
　　Forinsuringofhorses。Capital，twomillions。
　　Forexportingthewoollenmanufacture，andimportingcopper，brass，andiron。Capital，fourmillions。
　　Foragranddispensary。Capital，threemillions。
　　Forerectingmillsandpurchasingleadmines。Capital，twomillions。
　　Forimprovingtheartofmakingsoap。
　　ForasettlementontheislandofSantaCruz。
　　ForsinkingpitsandsmeltingleadoreinDerbyshire。
　　Formakingglassbottlesandotherglass。
　　Forawheelforperpetualmotion。Capital，onemillion。
　　Forimprovingofgardens。
　　Forinsuringandincreasingchildren’sfortunes。
　　Forenteringandloadinggoodsatthecustom-house，andfornegotiatingbusinessformerchants。
　　ForcarryingonawoollenmanufactureinthenorthofEngland。
　　Forimportingwalnut-treesfromVirginia。Capital，twomillions。