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

CHAPTER X. 154

Chapter 1076 wordsPublic domain

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 currency of specie.--Temporary success of remedy.-- Domiciliary visits resorted to for detection of hoarded specie.--Bank and Company United.--Discharge of National Debt.--Use of the Rue Quincampoix prohibited as a stock market.--The assassination of a stock-jobber by the Comte des Horn, and the latter’s execution.