The evil hour, however, at last arrived; the immense machine became
so complicated that even the head of Law began to turn with its rapid
revolutions. In 1719 he created credit; but in May 1720, uncounted
millions disappeared in air. Nothing was seen but paper and bankruptcy
everywhere. Law was considered as the sole origin of the public
misfortune, no one blaming his own credulity. The mob broke his
carriages, destroyed his houses, and tried to find the arithmetician
in order to tear him to pieces. He escaped from Paris in disguise,
and long wandered in Europe incognito. After some years, he found
a hiding-place in Venice, where he lived, poor, obscure, yet still
calculating. Montesquieu, who saw him there, said: "He is still the
same man; his mind ever busied in financial schemes; his head is full
of figures, of agios, and of banks. His fortune is very small, yet he
loves to game high." Indeed, of all his more than princely revenues, he
only saved, as a wreck, a large white diamond, which, when he had no
money, he used to pawn.
Voltaire saw his widow at Brussels. She was then as humiliated, as
miserable, and as obscure, as she had been triumphant and haughty at
Paris.
After the collapse of Law's schemes the stream of gaming returned to
its ordinary channels, and high play continued as formerly to be
the pastime of the _noblesse_, some of whom kept more or less public
gaming-tables.
Not, however, till 1775 were public gaming-tables, somewhat resembling
those still flourishing at Monaco, licensed in Paris. In that year
Sartines, the celebrated "Lieutenant of Police," began to authorise
regular "maisons de jeu," the profits of which were in principle
supposed to be devoted to the foundation of hospitals, but in reality
failed to reach their destined goal of philanthropy. The most popular
game played was called "la belle." Certain privileged ladies, it may be
added, were accorded permission to preside at the twelve gaming-tables
of Paris twice a week. The bankers gave these attractive sorceresses
six louis at each sitting, and paid all other expenses. A third day
in the seven was set aside for the benefit of the police, who, once
every week, ungallantly pocketed the six golden pieces of each of the
presiding goddesses, most of whom were battered baronesses and ruined
marchionesses, who had petitioned for the somewhat dubious honour of
presiding at these _tripots_. Amongst them were Madame de Thouvenère,
la Baronne de Gancière, and la Marquise de Sainte Doubeuville. The
ladies were generally represented by deputies of the fair sex, who
received a fair share of the wages of iniquity. The directors of
the gaming-houses in question were as a rule the valets of grand
seigneurs, the best known being a man called Gombaud, who acted as
cashier-general. The success of the authorised "houses" led to the
establishment of rival and clandestine _tripots_. The most celebrated
of these private pandemoniums, which were practically "Hells," were
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