Memoirs of Louis XIV and His Court and of the Regency — Volume 13 eBook

This eBook from the Gutenberg Project consists of approximately 89 pages of information about Memoirs of Louis XIV and His Court and of the Regency — Volume 13.

Memoirs of Louis XIV and His Court and of the Regency — Volume 13 eBook

This eBook from the Gutenberg Project consists of approximately 89 pages of information about Memoirs of Louis XIV and His Court and of the Regency — Volume 13.

Law was a Scotchman; of very doubtful birth; tall and well made; of agreeable face and aspect; gallant, and on very good terms with the ladies of all the countries he had travelled in.  His wife was not his wife; she was of a good English family and well connected; had followed Law for love; had had a son and a daughter by him, passed for his wife, and bore his name without being married to him.  This was suspected towards the end; after his departure it became certain.  She had one eye and the top of one cheek covered by an ugly stain as of wine; otherwise she was well made, proud, impertinent in her conversation and in her manners, receiving compliments, giving next to none, paying but few visits, these rare and selected, and exercising authority in her household.  I know not whether her credit over her husband was great; but he appeared full of regard, of care, and of respect for her; at the time of their departure they were each about fifty and fifty-five years old.  Law had made many acquisitions of all kinds and still more debts, so that this tangle is not yet unravelled by the committee of the council appointed to arrange his affairs with his creditors.  I have said elsewhere, and I repeat it here, that there was neither avarice nor roguery in his composition.  He was a gentle, good, respectable man, whom excess of credit and fortune had not spoiled, and whose deportment, equipages, table, and furniture could not scandalise any one.  He suffered with singular patience and constancy all the vexations excited by his operations, until towards the last, when, finding himself short of means and wishing to meet his difficulty, he became quick and bad-tempered, and his replies were often ill-measured.  He was a man of system, of calculation, of comparison, well and profoundly instructed in these things, and, without ever cheating, had everywhere gained at play by dint of understanding—­which seems to me incredible—­the combinations of cards.

His bank, as I have elsewhere said, was an excellent thing for a republic, or for a country like England, where finance is as in a republic.  His Mississippi he was the dupe of, and believed with good faith he should make great and rich establishments in America.  He reasoned like an Englishman, and did not know how opposed to commerce and to such establishments are the frivolity of the (French) nation, its inexperience, its avidity to enrich itself at once, the inconvenience of a despotic government, which meddles with everything, which has little or no consistency, and in which what one minister does is always destroyed by his successor.

Law’s proscription of specie, then of jewels, so as to have only paper in France, is a system I have never comprehended, nor has anybody, I fancy, during all the ages which have elapsed since that in which Abraham, after losing Sarah, bought, for ready-money, a sepulchre for her and for her children.  But Law was a man of system, and of system so deep, that nobody ever could get to the bottom of it, though he spoke easily, well and clearly, but with a good deal of English in his French.

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Memoirs of Louis XIV and His Court and of the Regency — Volume 13 from Project Gutenberg. Public domain.