An ordinance of August 5th, 1665, founded upon a large scale the manufacture of points de France,[459] with an exclusive privilege for ten years and a grant of 36,000 {158}francs. A company was formed,[460] its members rapidly increased, and in 1668 the capital amounted to 22,000 livres. Eight directors were appointed at salaries of 12,000 livres a year to conduct the manufacture, and the company held its sittings in the Hôtel de Beaufort at Paris. The first distribution of profits took place in October, 1669, amounting to fifty per cent. upon each share. In 1670 a fresh distribution took place, and 120,000 livres were divided among the shareholders. That of 1673 was still more considerable. In 1675 the ten years' privilege ceased, the money was returned, and the rest of the profits divided. Colbert likewise set up a fabric at the Château de Madrid, built by Francis I., on the Bois de Boulogne. Such was the origin of point lace in France. The difficulties met by Colbert in establishing his manufactories can only be estimated by reading his correspondence, in which there are no less than fifty letters on the subject. The apathy of the town authorities and the constant rebellions of the lace-workers who preferred their old stitch were incessant sources of trouble to him, but eventually Colbert's plan was crowned with success. He established a lucrative manufacture which brought large sums of money into the kingdom[461] instead of sending it out. Well might he say that[462] "Fashion was to France what the mines of Peru were to Spain."[463] {159}Boileau alludes to the success of the minister in his "Epistle to Louis XIV":-- "Et nos voisins frustrés de ces tributs serviles Que payait à leur art le luxe de nos villes."[464] The point de France supplanted that of Venice,[465] but its price confined its use to the rich, and when the wearing of lace became general those who could not afford so costly a production replaced it by the more moderate pillow-lace. This explains the great extension of the pillow-lace manufacture at this period--the production did not suffice for the demand. Encouraged by the success of the royal manufactures, lace fabrics started up in various towns in the kingdom. The number of lace-workers increased rapidly. Those of the towns being insufficient, they were sought for in the surrounding country, and each town became the {160}centre of a trade extending round it in a radius of several miles, the work being given out from the manufactory to be executed by the cottagers in their own homes.[466] {161}CHAPTER X. LOUIS XIV.--_continued_. "Tout change: la raison change aussi de méthode; Écrits, habillemens, systèmes: tout est mode." Racine fils, _Epître à Rousseau_.