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。