Soon the gambling fever assumed a far more dangerous form than cards or dice, owing to the wild speculation brought into fashion by Law. This man, who was born in 1688, was the son of a lawyer at Edinburgh. Coming up to London he fell in love with the sister of a peer, who, disapproving of such a marriage with an adventurer, challenged Law, and fell in the duel. Law immediately escaped into Holland, and was tried, convicted, and outlawed in England. Perhaps it was in Holland he acquired that turn of mind which revels in immense calculations; anyhow he became an adept in the mysteries of exchanges and re-exchanges. From thence he proceeded to Venice and other cities, studying the nature of their banks. In 1709 he was at Paris, avid as ever of speculation. At the close of the reign of Louis XIV., the French finances were in great disorder; and Law, having obtained an audience of that monarch, had almost convinced the bankrupt king of the feasibility of his speculative projects. He had offered to pay the national debt by establishing a company, whose paper was to be received with all possible confidence, and who were to make immense profits by their commercial transactions. The minister, Desmarest, however, took alarm and, to get rid of Law, threatened him, by one of his emissaries, with the Bastille. Law quitted Paris, and became a wanderer through Italy. He then addressed himself to the King of Sardinia, who refused the adventurer's assistance, curtly declaring that he was not powerful enough to ruin himself! At the death of Louis XIV., the Duke of Orleans was Regent. Law saw his chance and ventured again to Paris, where he found the Regent docile enough. The latter, indeed, was placed in a most trying situation: the finances were all confusion, and no one appeared competent to settle them. At first the Regent listened somewhat reluctantly to Law, doubtful as to what consequences must follow such colossal schemes as those in which the adventurer dealt. Matters, however, going from bad to worse, the numerical quack was called in to relieve, by his powerful remedy, the disorder which no one else would even attempt to cure. Law commenced with most brilliant prospects. He established his bank, was chosen director of the East India Company, and soon gave his scheme that vital credit which produced real specie. In that distracted time, every one buried or otherwise concealed his valuables; but, when the spells of Law began to operate, every coffer was opened, while the proprietors of many estates seemed to prefer his paper to the possession of their lands. All Europe appeared delighted; Law acquired millions in a morning; whilst the Regent, thoroughly duped, felicitated himself on his possession of so great an alchemist.