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

CHAPTER VIII. 111

Chapter 888 wordsPublic domain

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 Tencin in the conversion.-- Difficulties in its accomplishment.--Law becomes naturalised.--Law appointed Controller-General of Finance.--Regent celebrates appointment by a distribution of pensions.--Law honoured with the freedom of the City of Edinburgh.--Elected member of Academy of Sciences.--William Law brought to France and made Postmaster-General.--Law’s private investments.--His fiscal reforms.--His introduction of free university education.