Events in 1718

January 22, 1718

King George I Becomes South Sea Company Governor

King George I was appointed Governor of the South Sea Company in 1718, marking a significant moment that led to one of history's most notorious financial scandals. His appointment initially brought unprecedented growth but ultimately contributed to the devastating South Sea Bubble crash of 1720.

May 7, 1718

Founding of New Orleans

Jean-Baptiste Le Moyne de Bienville established New Orleans as the capital of French Louisiana, strategically positioning it along the Mississippi River with an initial settlement of 50 men. The city was named after Philippe II, Duke of Orleans, who served as Regent of France.

May 7, 1718

Founding of New Orleans

New Orleans was established as a strategic French colonial port city on the Mississippi River, marking a pivotal moment in North American colonial history. The settlement quickly developed into a vital trading hub and cultural melting pot.