The calamitous effects of the system had reached the humblest concerns of
human life. Provisions had risen to an enormous price; paper money was
refused at all the shops; the people had not wherewithal to buy bread. It
had been found absolutely indispensable to relax a little from the
suspension of specie payments, and to allow small sums to be scantily
exchanged for paper. The doors of the bank and the neighboring streets were
immediately thronged with a famishing multitude, seeking cash for bank
notes of ten livres. So great was the press and struggle that several
persons were stifled and crushed to death. The mob carried three of the
bodies to the courtyard of the Palais Royal. Some cried for the regent to
come forth and behold the effect of his system; others demanded the death
of Law, the impostor, who had brought this misery and rum upon the nation.
The moment was critical, the popular fury was rising to a tempest, when Le
Blanc, the Secretary of State, stepped forth. He had previously sent for
the military, and now only sought to gain tune. Singling out six or seven
stout fellows, who seemed to be the ringleaders of the mob: "My good
fellows," said he, calmly, "carry away these bodies and place them in some
church, and then come back quickly to me for your pay." They immediately
obeyed; a kind of funeral procession was formed; the arrival of troops
dispersed those who lingered behind; and Paris was probably saved from an
insurrection.
About ten o'clock in the morning, all being quiet, Law ventured to go in
his carriage to the Palais Royal. He was saluted with cries and curses, as
he passed along the streets; and he reached the Palais Royal in a terrible
fright. The regent amused himself with his fears, but retained him with
him, and sent off his carriage, which was assailed by the mob, pelted with
stones, and the glasses shivered. The news of this outrage was communicated
to parliament in the midst of a furious discussion of the decree for the
commercial monopoly. The first president, who had been absent for a short
time, re-entered, and communicated the tidings in a whimsical couplet:
"Messieurs, Messieurs! bonne nouvelle!
Le carrosse de Law est reduite en carrelle!"
"Gentlemen, Gentlemen! good news!
The carriage of Law is shivered to atoms!"
The members sprang up with joy; "And Law!" exclaimed they, "has he been
torn to pieces?" The president was ignorant of the result of the tumult;
whereupon the debate was cut short, the decree rejected, and the house
adjourned; the members hurrying to learn the particulars. Such was the
levity with which public affairs were treated at that dissolute and
disastrous period.
Public-domain text, read in full here on John Shaqi.
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