The Marquis D'Argenson: A Study in Criticism: Being the Stanhope Essay: Oxford, 1893Ogle, Arthur
History
The Marquis D'Argenson: A Study in Criticism: Being the Stanhope Essay: Oxford, 1893
Ogle, Arthur
Argenson, René-Louis de Voyer, marquis d', 1694-1757
In December d'Argenson married,[89] and cast about for the means to
feather his nest. Retiring discomfited from the Palais de Justice,
he took refuge, like many an irate but thrifty parliamentarian, in
the Rue Quincampoix. In November, 1719, when the tide of elation was
in full flood and trembling on the ebb, we hear that d'Argenson "is
in for (y est pour) 500,000 livres."[90] Three weeks afterwards, by
decree of the 1st of December, the Bank and the Treasury refuse to
receive cash. Before the end of the year the shares are falling.[91]
On the 3rd of January M. d'Argenson withdraws from the control of the
finances; on the 5th, Law takes the helm as Controller-General, and
proceeds with the series of desperate decrees designed to save the
credit of the Bank.[92] Upon one of the commissions which followed in
quick succession d'Argenson was appointed[93] to serve as Master of
Requests.[94] He could do so with a light heart. Warned in time, he had
managed to extricate himself; and in a letter of the 22nd of February,
1720, we read: "Talking of shares, no one is coming off more prettily
than M. d'Argenson _l'aîné_; he has just completed the purchase of an
estate on the Réveillon road; it is his principal acquisition."[95]
Meanwhile he had obtained a provision of another kind. The Warden of
the Seals, on withdrawing in January from the control of the finances,
had managed, with his usual dexterity, to cover his retreat. Directly
afterwards, to the no small scandal of St. Simon,[96] the young
Chevalier was entrusted with the Lieutenancy of Police, while the elder
brother, Count d'Argenson, received a seat at the Council of State,
with an immediate promise of the Intendancy of Maubeuge. Thus it was
that about the middle of March,[97] 1720, d'Argenson set out for his
seat of government at Valenciennes, leaving Paris to face the appalling
ruin created by the crash of the great "System." Though removed from
the centre of the drama, a place was reserved for him in the final act.
On the 21st of May appeared the suicidal decree which shattered what
vestige of credit remained. It was inspired by d'Argenson's father,[98]
and cost him the seals. He fell in the beginning of June. In July Law's
carriage was wrecked under the very windows of the Regent in the
court of the Palais Royal. In December the great adventurer took to
flight; and Count d'Argenson had the supreme satisfaction of arresting
him at Valenciennes, and, by an order from Paris, detaining his jewel
case, the last resource of the broken man.[99] Personally the young
Intendant has not much reason to complain. The "System" had left him
with the valuable property of Réveillon; he was already a Councillor of
State; and at the age of twenty-six he was comfortably established at
Valenciennes as the chief magistrate of the important frontier province
of Hainaut.
Public-domain text, read in full here on John Shaqi.
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