Compagnie

des Indes (Company of the Indies), a corporation organized in Paris by John Law in 1719, by combination of the Guinea Company, the Company of the West, the East India Company and the i] China Company. It was the basis of his great credit operations, in connection with his bank, and of the Mi i ippi Bubble, but is of imp or- Compromise of 1833, a tariff measure pa ed by Congre March 1, 1833, as a compromise for the high tariff act of 1828, which had caused intense di atisfaction through the South, and had bronght about nullification by South Carolina and a threat of sece ion in the event of its being too strictly enforced. The compromise was proposed and pa ed in the House while Clay himself was endeavoring to get a compromise measure through the Senate. The bill as pa ed was in effect practically the same as that proposed by Clay in the Senate. It was designed to scale down periodically the high duties then existing, until after ten years a free-trade basis should be reached. The Verplanck low tariff measure, then under debate in the House, was thus thrown ont. 170