Tulips weren't always grown in Holland;the first tulips were transported there from the Turkish Empire in 1593. But the botanist who brought them into the country was very mean with them, refusing to give them away or even sell them. People gradually got their hands on the bulbs, but they remained a rarity that only the rich could afford.
Tulips were so bright and beautiful that many people desired them. And so the price kept rising. The most popular
tulips of all had been mixed broken stripes of two different colors. These socalled odd patterns, which were actually caused by a tulip virus, meant that every single tulip had a unique look. So prized were such tulips that in 1642 certain varieties of them were sold for $1,500 a bulb! A short time later that price had risen sharply to $2,250.
Between 1634 and 1637 the market for bicolor tulips went completely mad. Not only the rich but trades and crafts people as well were crazily bidding up prices, sometimes paying for one bulb the equivalent of what it would cost to feed and clothe a small town. In fact the highest price ever recorded for a bulb was over $400,000.
And then,as you might expect, the market crashed. Just as in the stock market crash of 1929 ,many people were financially ruined. But among the cries of sorrow, despair, and suicides, the modest tulip continued to beautify the Dutch countryside.
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