Page:Memoirs of Extraordinary Popular Delusions and the Madness of Crowds Vol 1.djvu/84

This page has been proofread, but needs to be validated.
68
EXTRAORDINARY POPULAR DELUSIONS.

wild after a golden vision, refusing obstinately to believe that it is not real, till, like a deluded hind running after an ignis fatuus, they are plunged into a quagmire?


CARICATURE.[1]

But in this false spirit has history too often been written. The intrigues of unworthy courtiers to gain the favour of still more unworthy kings, or the records of murderous battles and sieges, have been dilated on, and told over and over again, with all the eloquence of style and all the charms of fancy; while the circumstances which have most deeply affected the morals and welfare of the people have been passed over with but slight notice, as dry and dull, and capable of neither warmth nor colouring.

During the progress of this famous bubble, England presented a singular spectacle. The public mind was in a state of unwholesome fermentation. Men were no longer satisfied with the slow but sure profits of cautious industry. The hope of boundless wealth for the

  1. Caricature, copied from Bubblers' Medley, published by Carrington Bowles.