John Law of Lauriston Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.

Law’s designs against England’s political and industrial position.--Earl of Stair’s correspondence with Mr. Secretary Craggs.--Stair accused by Law of threatening the safety of...

New measures prove ineffectual.--New edict issued fixing price of shares and depreciating value of notes.--Authorship of edict.--People hostile to edict.--Parliament refuses to...

Accession of Louis XV.--National debt of France.--Debasement of coinage.--Arraignment of tax collectors.--Council of Finances consider Law’s proposals unfavourably.--Petition fo...

Unsettled condition of Scottish politics in 1700.--Financial and commercial insecurity of country.--Law’s solution of difficulties.--Land Bank.--Supported by Court party.--Rejec...

The beginning of Law’s difficulties.--The Bank’s reserve of specie begins to be depleted.--Law attempts a remedy by altering the standard of the coinage, and restricting the cur...

Company acquires right of coinage.--Issue of fresh stock and rise in price.--Attempts made to discredit Law.--Stair’s account of the situation.--Law defeats the anti-scheme.--Th...

Law’s importance causes him to be courted by all classes.--Socially ostracised by nobility.--Law’s conversion to Roman Catholicism.--The part of the Abbé Dubois and the Abbé Ten...

Starvation produced amongst poorer classes by issue of new edict.--Law’s expulsion from France demanded.--Law resigns all his offices and leaves for Venice.--Privileges of Compa...

Exaggerated accounts of resources of Louisiana.--Law’s judgment at fault--His ultimate aim.--He creates an artificial rise in the value of Company shares.--His unsuccessful effo...

Law’s notes become official tender.--The Mississippi Scheme projected.--Early explorers of Mississippi territory.--Establishment of the West India Company.--Its absorption of de...

Standard of criticism hitherto applied to John Law.--Birth and ancestry.--Education.--Death of father.--Early devotion to study of finance.--Manner and appearance.--Visits Londo...

Hotel Mazarin acquired as office of Company and of Bank.--Excitement of crowds in the Rue Vivienne and the Rue Quincampoix.--Curious sources of fortune.--Instances of enormous f...

Law’s importance causes him to be courted by all classes.--Socially ostracised by nobility.--Law’s conversion to Roman Catholicism.--The part of the Abbé Dubois and the Abbé Ten...

New measures prove ineffectual.--New edict issued fixing price of shares and depreciating value of notes.--Authorship of edict.--People hostile to edict.--Parliament refuses to...

Company acquires right of coinage.--Issue of fresh stock and rise in price.--Attempts made to discredit Law.-- Stair’s account of the situation.--Law defeats the anti-scheme.--T...

The beginning of Law’s difficulties.--The Bank’s reserve of specie begins to be depleted.--Law attempts a remedy by altering the standard of the coinage, and restricting the cur...

Unsettled condition of Scottish politics in 1700.-- Financial and commercial insecurity of country.--Law’s solution of difficulties.--Land Bank.--Supported by Court party.--Reje...

Law’s designs against England’s political and industrial position.--Earl of Stair’s correspondence with Mr. Secretary Craggs.--Stair accused by Law of threatening the safety of...

Starvation produced amongst poorer classes by issue of new edict.--Law’s expulsion from France demanded.-- Law resigns all his offices and leaves for Venice.-- Privileges of Com...

Exaggerated accounts of resources of Louisiana.-- Law’s judgment at fault.--His ultimate aim.--He creates an artificial rise in the value of Company shares.--His unsuccessful ef...

Standard of criticism hitherto applied to John Law.-- Birth and ancestry.--Education.--Death of father.-- Early devotion to study of finance.--Manner and appearance.--Visits Lon...

Law’s notes become official tender.--The Mississippi Scheme projected.--Early explorers of Mississippi territory.--Establishment of the West India Company.-- Its absorption of d...

Accession of Louis XV.--National debt of France.-- Debasement of coinage.--Arraignment of tax collectors.-- Council of Finances consider Law’s proposals unfavourably.--Petition...

Hotel Mazarin acquired as office of Company and of Bank.--Excitement of crowds in the Rue Vivienne and the Rue Quincampoix.--Curious sources of fortune.-- Instances of enormous...