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Bubble
(A)
“The whole scheme [the Fenian raid on British America] was a
collapsed bubble.”- The Times.
The Bubble Act, 6 George I., cap. 18; published 1719, and repealed
July 5th, 1825. Its object was to punish the promoters of bubble
schemes.
A bubble company. A company whose object is to enrich themselves at
the expense of subscribers to their scheme.
A bubble scheme. A project for getting money from subscribers to a
scheme of no value.
Bubble and Squeak
Cold boiled meat and greens fried. They first bubbled in water
when boiled, and afterwards hissed or squeaked in the frying-pan.
Something pretentious, but of no real value, such as “rank and
title,” or a bit of ribbon in one's button hole.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Bubble from Infoplease:
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