Titel: Nieuwe leerwijze der Engelsche taal
Deel: Tweede cursus
Auteur: Gerdes, E.
Uitgave: Amsterdam: P.N. van Kampen, 1856
Auteursrechten: Zie auteursrechten
Citeerinstructie: Bijzondere Collecties van de Universiteit van Amsterdam, UBM: P.B. 580 : 1e dr. (dl. II)
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ver quitted their alehouse, and enriched themselves by
an extraordinary kind of jobbing; the whole secret of
which was this:
Suppose a dealer engaged to furnish a gentleman at
the expiration of six months with a tulip-root of any par-
ticular sort, for the sum of a thousand florins; at the
expiration of the time agreed upon, the price of that va-
riety was either liigher or lower, or perhaps the same as
before. If the current price of one thousand florins had
meanwhile risen to fifteen hundred, the gentleman did
not demand his tulip, but the dealer was obliged to pay
him five hundred florins in cash; but if the price was
lower than at the time of making the bargain, say eight
hundred florins , the gentleman , on the contrary , paid the
dealer the sum of two hundred. If, however, the tulips
were neither dearer nor cheaper at the end of six months,
neither party lost or gained, and their contract was at
an end. Everything depended on the price current, by
which thej regulated their agreements and bargains; and
the dealers were as anxious to know the prices of tulips
every day, as people are with us to inquire the prices
of stocks. It frequently happened, that the same person
gained of one, and lost to another; and if he had no
cash to pay his debts , he referred his creditors to those
vfho had lost to him; so that plenty of business might be
transacted without tulips, and even without money. As
everybody was desirous of participating in this kind of
stock-jobbing, the rich speculated on the rarest species,
while the bargains of the lower classes were confined to
the most common sorts. Taking all circumstances into
consideration, this commerce in tulips, or rather tulipo-
mania, was in reality a game of chance, by which all
were at first seduced by the immense profits to be derived
from it; but as these speculations possessed only a fictiti-