The Mississippi Bubble is a long rambling tale whose hero, John Law, is a 17th century gambler, philosopher, and financier. He captivates women, explores the American wilderness, braves mobs, advises governments, and grows corn.
The main plot line is man finds girl, man loses girl, man regains girl. Hough pads the basic plot to obese proportions. Some of the historical content, such as the death of Louis XIV, and scene descriptions, such as a storm on Lake Michigan, are powerful, but they are largely extraneous to the plot.
About halfway through novel, to propitiate the Great Spirit, vengeful Iroquois send one of its characters over Niagara Falls in a canoe. It’s unfortunate that author Emerson Hough didn’t send the rest of the characters over to propitiate vengeful readers already weary of flat characters and subplots that go nowhere.
On the whole, there’s more illumination than entertainment for readers in The Mississippi Bubble. Odd as it seems, the novel’s value lies primarily in its simple explanation of fiscal concepts such as national debt, monetary policy, and the relationship of government to the banking industry.The Mississippi Bubble: How the Star of Good Fortune Rose and Set and Rose Again, by a Woman’s Grace, for One John Law of Laurison by Emerson Hough Illus. Henry Hutt 1902 Bestseller #4 Project Gutenberg eBook #14001