The Gallery of Portraits: with Memoirs. Volume 4 (of 7)Malkin, Arthur Thomas
History
The Gallery of Portraits: with Memoirs. Volume 4 (of 7)
Malkin, Arthur Thomas
Biography
the Duke of Maine, the illegitimate son of Louis XIV. The difference
between the Regent and the magistracy was widened into a breach by the
scheme of Law, and by the advancement of that foreigner to influence in
political and financial affairs, which had hitherto been chiefly in the
hands of the magistracy. The legists looked upon Law as an intruder, and
regarded his acts as audacious innovations. Their remonstrances
accordingly grew louder and louder, and their opposition more bold,
until the Regent began to fear the renewal of the scenes of the Fronde.
The Memoirs of the Cardinal de Retz were then published for the first
time; and their perusal, filling the public mind, excited it strongly to
renew the scenes and the struggle which they described. The Chancellor’s
true office, as a minister, had been to manage the Parliament, to
cajole, to persuade, to menace, to repress; but the task suited neither
the character nor the principles of Daguesseau, and accordingly nothing
but censure of him was heard at court. He was weak, he was irresolute,
and lawyers were declared to make very bad statesmen. “They might have
reproached the Chancellor with indecision,” says Duclos, “but what
annoyed them most was his virtue.”
On the 26th of January, 1718, the seals were re-demanded of him and
given to D’Argenson, the famous lieutenant of police. Daguesseau was
exiled to his country-house at Fresnes. Whilst in retirement he occupied
his time chiefly in the education of his children. His letters to them
on the subject of their classical and mathematical studies, lately given
to the public, bear witness to his simple and literary bent of mind.
Happy it was for Daguesseau to have been removed from the troublesome
scene of public life during the two years of Law’s triumph and the
disgrace of the magistracy. When Law’s scheme exploded, amidst the ruin
and execration of thousands, the Regent, not knowing whither to turn for
counsel and support, resolved at least to give some indication of
returning honesty by the recall of Daguesseau, who resumed the seals
with a facility that was censured by many. Law was deprived of the place
of Comptroller-General of Finance, though continued in the management of
the Bank and the India Company. In his place certain of the Parliament
were admitted to the Councils of Finance, so that Daguesseau seemed to
have had full security against the continuance of that infamous jobbing
by which the public credit had been destroyed. He was disappointed. The
Place Vendôme, in front of his abode, being the exchange of the day, was
crowded by purchasers and venders of stock; until the Chancellor, unable
to suppress the nuisance, caused it to be removed elsewhere.
Public-domain text, read in full here on John Shaqi.
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