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
“Now, if Mr. Law cannot prove to you that one of these three points is
true, since I boldly submit to you that all three are false, he ought
to be considered by you as a calumniator who desires to deceive in
things of great importance. But it is not merely of recent date that I
know the good intentions of Mr. Law for his country, and the designs
he has to set the King at variance with you. It is only eight days
since Mr. Law publicly threatened, in presence of several subjects of
the King, my master, to write a book for the purpose of convincing the
world that Great Britain could not possibly pay her debts. Such are the
ordinary and public discourses of Mr. Law. You can judge what effect
that can produce when a man who pretends to be your first minister
delivers such discourses. I have known it for a long time, but I have
refrained from saying anything to you because I was persuaded that
Great Britain would not think the same; and because I regarded these
discourses as the effects of the foolish vanity and inebriation of
Mr. Law whose head I have noticed for some time, has been turned.’ I
then told the Duke of Orleans many discourses of a similar nature. The
Duke listened with surprise. At last he said to me, ‘My Lord, they are
truly the discourses of a fool.’ I replied, ‘I say nothing to you that
I would not say in Mr. Law’s presence, and that I could not prove; you
can now judge if it would have been astonishing if I had really acted
in the way Mr. Law led you to believe I had done, but I am guided by
the respect I have always had for your interests.’
“The Duke of Orleans told me finally that he was quite satisfied
with what I had just told him; that he had always looked on me as
his friend, and that he had difficulty in believing that I wished
to prejudice his operations. That is substantially all that passed
between the Duke and myself on the subject of Mr. Law. You can make the
necessary reflections. There is no need of comment.”
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account