John Law of Lauriston: Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc. — John Shaqi
John Law of Lauriston: Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.Wiston-Glynn, A. W.
History
John Law of Lauriston: Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.
Wiston-Glynn, A. W.
Law, John, 1671-1729
grandchildren of France, and the Princes of the blood.”
The Duke of Bourbon, son of Louis XIV. and Madame de Montespan,
repaired his broken fortunes, liquidated his enormous debts, and in the
course of several successful strokes of speculation, acquired a fortune
of twenty million livres. He purchased large estates in Picardy, and
acquired all the most valuable land between the Oise and the Somme. The
castle at Chantilly was rebuilt on a scale of regal magnificence, and
an extensive zoological collection was brought together as a feature of
attraction to his territorial possessions. Anxious to improve the breed
of horses in France, he also imported 150 race-horses from England, and
thus established one of the finest stables on the continent of Europe.
And then, “to pay his court to the Regent, who was passionately fond
of his daughter, the Duchess of Berry, he gave that Princess, who was
eager after pleasure, a superb festival, which lasted four or five
days, and cost an immense sum of money.”
Among other nobles whose dilapidated fortunes were restored at this
time, were the Dukes D’Antin, de Guiche, de la Force, the Marshal
D’Estrées, Madame de Vérue and the Princes de Rohan and de Poix. But
many foreigners were no less successful, and of one, Joseph Gage,
brother of Viscount Gage, who had acquired an exceedingly large
fortune, we are told that, having aspirations to kingly rank, he
offered the King of Poland three millions if the latter would resign
his crown in his favour, and meeting with an unfavourable reply,
endeavoured to negotiate a similar transaction with reference to
Sardinia, but with no greater success.
Public-domain text, read in full here on John Shaqi.
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