The American land was much larger than France, and the French knew little about it. Many did not even know where it was. But many had heard the rumor that this land was rich in silver and gold, the French currency.
The depressed French economic environment was fertile ground for some of the monetary and economic ideas of John Law (1671–1729). Law was a Scottish financier born in Edinburgh. He was a colorful character who has been described as tall, handsome, and vain.
–"John Law and the Mississippi Bubble,"
Jon Moen
What rumor caused the French government to reconsider the value of the Louisiana colony?
Some heard that gold and silver could be found in Louisiana.
Some thought that Spain would want to buy the colony at a high price.
Some believed that there were rich reserves of oil and coal in Louisiana.
Some wondered if money could be made by trading with American Indians.
Answers: 1
History, 21.06.2019 12:30
Nhow the other half lives, jacob riis: a. wrote about captains of industry. b. highlighted the benefits of the second industrial revolution. c. provided a fictional account of life in 1890. d. discussed the lives of wealthy americans. e. focused on the wretched conditions of new york city slums.
Answers: 2
History, 21.06.2019 20:30
What happened as agriculture became entrenched in the south ?
Answers: 1
History, 22.06.2019 09:30
The service industry in the united states grew in the late 1800s. what was one effect of that growth? the number of people with jobs in factories as unskilled workers decreased. the number of people with jobs in factories as unskilled workers increased. the middle class grew as people took jobs as clerks, lawyers, and teachers. the middle class shrank as people left jobs as clerks, lawyers, and teachers.
Answers: 2
History, 22.06.2019 11:00
How did the church gain secular power? a) monks forced massive numbers of people to convert through fear of punishment. b) the church issued interdicts, laws passed by the church regardless of secular law. c) the church's power to deny the sacraments gave the church power over christians. d) canon law established secular courts under the control of the church.
Answers: 1
The American land was much larger than France, and the French knew little about it. Many did not eve...
Mathematics, 18.02.2021 23:00
Mathematics, 18.02.2021 23:00
Social Studies, 18.02.2021 23:00
Physics, 18.02.2021 23:00
English, 18.02.2021 23:00
Mathematics, 18.02.2021 23:00
Mathematics, 18.02.2021 23:00
Mathematics, 18.02.2021 23:00