Back شركة ميسيسيبي Arabic Mississipi Company Azerbaijani Companyia del Mississipi Catalan Mississippi-Kompanie German Compañía del Misisipi Spanish شرکت میسیسیپی Persian Compagnie du Mississippi French חברת מיסיסיפי HE Compagnie du Mississippi ID Compagnia del Mississippi Italian
John Law's Company, founded in 1717 by Scottish economist and financier John Law, was a joint-stock company that occupies a unique place in French and European monetary history, as it was for a brief moment granted the entire revenue-raising capacity of the French state. It also absorbed all previous French chartered colonial companies, even though under Law's leadership its overseas operations remained secondary to its domestic financial activity.
In February 1720, the company absorbed John Law's Bank, which had been France's first central bank. The experiment was short-lived, and after a stock market collapse of the company's shares in the second half of 1720, the company was placed under government receivership in April 1721. It emerged from that process in 1723 as the French Indies Company, focused on what had been the overseas operations of Law's Company.