this post was submitted on 11 Sep 2024
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https://en.m.wikipedia.org/wiki/Bubble_Act
https://en.m.wikipedia.org/wiki/South_Sea_Company
It seems to be some reference to this, although I can't find anything about sacks and snakes. As stated by u/stovetop only the rich were in parliament, so if this did happen it was just one group of rich greedy people turning on another group of rich greedy people. Nothing to get excited about.
Robert Molesworth in a session on 12th August 1720:
No specific mention of snakes, but that was part of the Roman "punishment of the sack".
Sounds better than what we currently have:
Groups of poor desperate people turning on other groups of poor desperate people.