Memoirs of Louis XIV and His Court and of the Regency — Volume 13 — John Shaqi
Memoirs of Louis XIV and His Court and of the Regency — Volume 13Saint-Simon, Louis de Rouvroy, duc de
History
Memoirs of Louis XIV and His Court and of the Regency — Volume 13
Saint-Simon, Louis de Rouvroy, duc de
France -- Court and courtiers; France -- History -- Louis XIV, 1643-1715; France -- History -- Regency, 1715-1723
I related to him the expense to which my father had been put in defending
Blaye against the party of M. le Prince in years gone by. How he had
paid the garrison, furnished provisions, cast cannon, stocked the place,
during a blockade of eighteen months, and kept up, at his own expense,
within the town, five hundred gentlemen, whom he had collected together.
How he had been almost ruined by the undertaking, and had never received
a sou, except in warrants to the amount of five hundred thousand livres,
of which not one had ever been paid, and that he had been compelled to
pay yearly the interest of the debts he had contracted, debts that still
hung like a mill-stone upon me. My proposition was that M. le Duc
d'Orleans should indemnify me for this loss, I giving up the warrants, to
be burnt before him.
This he at once agreed to. He spoke of it the very next day to Law: my
warrants were burnt by degrees in the cabinet of M. le Duc d'Orleans, and
it was by this means I paid for what I had done at La Ferme.
Meanwhile the Mississippi scheme went on more swimmingly than ever. It
was established in the Rue Quincampoix, from which horses and coaches
were banished. About the end of October of this year, 1817, its business
so much increased, that the office was thronged all day long, and it was
found necessary to place clocks and guards with drums at each end of the
street, to inform people, at seven o'clock in the morning, of the opening
of business, and of its close at night: fresh announcements were issued,
too, prohibiting people from going there on Sundays and fete days.
Never had excitement or madness been heard of which approached this.
M. le Duc d'Orleans distributed a large number of the Company's shares to
all the general officers and others employed in the war against Spain.
A month after, the value of the specie was diminished; then the whole of
the coin was re-cast.
Money was in such abundance--that is to say, the notes of Law, preferred
then to the metallic currency--that four millions were paid to Bavaria,
and three millions to Sweden, in settlement of old debts. Shortly after,
M. le Duc d'Orleans gave 80,000 livres to Meuse; and 80,000 livres to
Madame de Chateauthiers, dame d'atours of Madame. The Abbe Alari, too,
obtained 2000 livres pension. Various other people had augmentation of
income given to them at this time.
Public-domain text, read in full here on John Shaqi.
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