Mr. Law is a very honest and a very sensible man; he is extremely polite to everybody, and very well bred. He does not speak French ill--at least, he speaks it much better than Englishmen in general. It is said that when his brother arrived in Paris, Mr. Law made him a present of three millions (of livres); he has good talents, and has put the affairs of the State in such good order that all the King's debts have been paid. He is admirably skilled in all that relates to finance. The late King would have been glad to employ him, but, as Mr. Law was not a Catholic, he said he ought not to confide in him (19th Sept., 1719).
He (Law) says that, of all the persons to whom he has explained his system, there have been only two who have properly comprehended it, and these are the King of Sicily and my son; he was quite astonished at their having so readily understood it. He is so much run after, that he has no repose by day or by night. A Duchess even kissed his hand publicly.
If a Duchess can do this, what will not other ladies do?
Another lady, who pursued him everywhere, heard that he was at Madame de Simiane's, and immediately begged the latter to permit her to dine with her. Madame de Simiane went to her and said she must be excused for that day, as Mr. Law was to dine with her. Madame de Bouchu replied that it was for this reason expressly she wished to be invited. Madame de Simiane only repeated that she did not choose to have Mr. Law troubled, and so quitted her. Having, however, ascertained the dinner-hour, Madame de Bouchu passed before the house in her coach, and made her coachman and footman call out "Fire!" Immediately all the company quitted the table to know where the fire was, and among them Mr. Law appeared. As soon as Madame de Bouchu saw him, she jumped out of her carriage to speak to him; but he, guessing the trick, instantly disappeared.
Another lady ordered her carriage to be driven opposite to Mr. Law's hotel and then to be overturned. Addressing herself to the coachman, she said, "Overturn here, you blockhead--overturn!" Mr. Law ran out to her assistance, when she confessed to him that she had done this for the sole purpose of having an interview with him.
A servant had gained so much in the Rue de Quincampoix, that he was enabled to set up his equipage. When his coach was brought home, he forgot who he was, and mounted behind. His servant cried out, "Ah, sir! what are you doing? this is your own carriage."
"That is true," said the quondam servant; "I had forgotten."
Mr. Law's coachman having also made a very considerable sum, demanded permission to retire from his service. His master gave it him, on condition of his procuring him another good coachman. On the next day, the wealthy coachman made his appearance with two persons, both of whom were, he said, good coachmen; and that Mr. Law had only to choose which of them he liked, while he, the coachman, would take the other.
People of all nations in Europe are daily coming to Paris; and it has been remarked that the number of souls in the capital has been increased by 250,000 more than usual. It has been necessary to make granaries into bedrooms; there is such a profusion of carriages that the streets are choked up with them, and many persons run great danger.
Some ladies of quality seeing a well-dressed woman covered with diamonds, and whom nobody knew, alight from a very handsome carriage, were curious to know who it was, and sent to enquire of the lackey. He replied, with a sneer, "It is a lady who has recently tumbled from a garret into this carriage." This lady was probably of the same sort as Madame Bejon's cook. That lady, being at the opera, some days back, saw a person in a costly dress, and decorated with a great quantity of jewels, but very ugly, enter the theatre. The daughter said, "Mamma, unless I am very much deceived, that lady so dressed out is Mary, our cook-maid."
"Hold your tongue, my dear," said the mother, "and don't talk such nonsense."
Some of the young people, who were in the amphitheatre, began to cry out, "Mary, the cook-maid! Mary, the cook-maid!"
The lady in the fine dress rose and said, "Yes, madam, I am Mary, the cook-maid; I have gained some money in the Rue de Quincampoix; I like to be well-dressed; I have bought some fine gowns, and I have paid for them. Can you say so much for your own?"
Mr. Law is not the only person who has bought magnificent jewels and extensive estates. The Duke, too, has become immensely rich, as well as all those who have held stock. Mr. Law has made his abjuration at Melun; he has embraced the Catholic religion, with his children, and his wife is in utter despair at it.
[The abjuration did not take place at Paris, because the jokes of the Parisians were to be dreaded. The Abbe Tencin was so fortunate as to have the office of converting Mr. Law. "He gained by this pious labour," says Duclos, "a large sum in bank-notes and stock."]
It is amusing enough to see how the people run after him in crowds only to be looked at by him or his son. He has had a terrible quarrel with the Prince de Conti, who wished Mr. Law to do at the bank a thing which my son had forbidden. The Prince de Conti said to Mr. Law, "Do you know who I am?"
"Yes, Prince," replied Law, "or I should not treat you as I have done."
"Then," said the Prince, "you ought to obey me."
"I will obey you," replied Law, "when you shall be Regent;" and he withdrew. The Princesse de Leon would be taken to the bank, and made her footmen cry out, "Room for the Princesse de Lion." At the same time she, who is very little, slipped into the place where the bankers and their clerks were sitting.
"I want some stock," said she.
The clerk replied, "You must have patience, madame, the certificates are delivered in rotation, and you must wait until those who applied before you are served."
At the same time he opened the drawer where the stock-papers were kept; the Princess snatched at them; the clerk tried to prevent her, and a fight ensued. The clerk was now alarmed at having beaten a lady of quality, and ran out to ask the servants who the Princesse de Leon was. One of the footmen-said, "She is a lady of high rank, young and beautiful."
"Well, then," said the clerk, "it cannot be she."
Another footman said, "The Princesse de Leon is a little woman with a hunch before and another behind, and with arms so long that they nearly reach the ground."
"Then," replied the clerk, "that is she."
Mr. Law is not avaricious; he gives away large soma in charity, and assists many indigent people.
When my son wanted some Duchess to accompany my daughter to Geneva, some one, who heard him speaking about it, said, "if, Monsieur, you would like to select from a number of Duchesses, send to Mr. Law's; you will find them all there."
Lord Stair cannot conceal his hatred of Mr. Law, and yet he has gained at least three millions by him.
Mr. Law's son was to have danced in the King's ballet, but he has been attacked by the small-pox (9th Feb., 1720).
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My son has been obliged to displace Mr. Law. This person, who was formerly worshipped like a god, is now not sure of his life; it is astonishing how greatly terrified he is. He is no longer Comptroller- General, but continues to hold the place of DirectorGeneral of the Bank and of the East India Company; certain members of the Parliamentary Council have, however, been joined with him to watch over the business of the Bank.
[In the Council of the Regency, the Duc d'Orleans was obliged to: admit that Law issued papers to the amount of 1,200 millions above the legal sum; and that he (the Regent) had protected him from all responsibility by decrees of the Council which had been antedated. The total, amount of bank-notes in circulation was 2,700,000,000 livres.]
His friend, the Duc d'Antin wanted to get the place of Director.
The Duke at first spoke strongly against Law; but it is said that a sum of four millions, three of which went to him and one to Madame de Prie, has engaged him to undertake Law's defence. My son is not timid, although he is threatened on all sides, and is very much amused with Law's terrors (25th June, 1720).
At length the latter is somewhat recovered, and continues to be great friends with the Duke: this is very pleasant to the Duc de Conti, and makes him behave so strangely that his infirmity is observed by the people. It is fortunate for us that Law is so great a coward, otherwise he would be very troublesome to my son, who, learning that he was joining in a cabal against him, told his wife of it. "Well, Monsieur," said she, "what would you have him do? He likes to be talked of, and he has no other way of accomplishing it. What would people have to say of him if he did not?"
On the 17th of June, while I was at the Carmelites, Madame de Chateau- Thiers came to me in my chamber, and said, "M. de Simiane is just come in from the Palais Royal, and he thinks it fit you should know that upon your return you will find the court of the Palais Royal filled with people, who, though they do not say anything, will not disperse."
At six o'clock this morning they brought in three dead bodies, which M. Le Blanc ordered to be carried away immediately.
Mr. Law has taken refuge in the Palais Royal. The populace have done him no harm, but his coachman has been pelted on his return, and the carriage broken to pieces. It was the coachman's own fault, who said aloud that the people were rabble, and ought to be all hanged. I saw immediately that it would not do to display any fear, and I set off. There was such a stoppage of the carriages that I was obliged to wait half an hour before I could get into the Palais Royal. During this time I heard the people talking; they said nothing against my son, and bestowed benedictions upon me, but they all wished Law to be hanged. When I reached the Palais Royal all was calm again; my son came to me immediately, and, notwithstanding the alarm I had felt, he made me laugh; as for himself, he had not the least fear. He told me that the first president had made a good impromptu upon this affair. Having occasion to go down into the court, he heard what the people had done with Law's carriage, and, upon returning to the Salon, he said with great gravity:
"Messieurs, bonne nouvelle,
Le carrosse de Law est en canelle." Is not this a becoming jest for such serious personages? M. Le Blanc went into the midst of the people with great firmness, and made a speech to them; he afterwards had Law escorted home and all became tranquil.
It is almost impossible that Law should escape, for the same soldiers who protect him from the fury of the people will not permit him to go out of their hands. He is by no means at his ease, and yet I think the people do not now intend to pursue him any farther, for they have begun to make all kinds of songs about him.
Law is said to be in such an agony of fear that he has not been able to venture to my son's at Saint Cloud, although he sent a carriage to fetch him. He is a dead man; he is as pale as a sheet, and it is said can never get over his last panic. The people's hatred of the Duke arises from his being the friend of Law, whose children he carried to Saint Maur, where they are to remain.
M. Boursel, passing through the Rue Saint Antoine in his way from the Jesuits' College, had his carriage stopped by a hackney coachman, who would neither come on nor go back. M. Boursel's footman, enraged at his obstinacy, struck the coachman, and, M. Boursel getting out of his coach to restrain his servant's rage, the coachman resolved to be avenged of both master and man, and so began to cry out, "Here is Law going to kill me; fall upon him."
The people immediately ran with staves and stones, and attacked Boursel, who took refuge in the church of the Jesuits. He was pursued even to the altar, where he found a little door opened which led into the convent. He rushed through and shut it after him, by which means he saved his life.
M. de Chiverni, the tutor of the Duc de Chartres, was going into the Palais Royal in a chair, when a child about eight years old cried out, "There goes Law!" and the people immediately assembled. M. Chiverni, who is a little, meagre-faced, ugly old man, said pleasantly enough, "I knew very well I had nothing to fear when I should show them my face and figure."
As soon as they saw him they suffered him to get quietly into his chair and to enter the gates of the palace.
On the 10th of December (1720), Law withdrew; he is now at one of his estates about six miles from Paris. The Duke, who wished to visit him, thought proper to take Mdlle. de Prie's post-chaise, and put his footman into a grey livery, otherwise the people would have known and have maltreated him.
Law is gone to Brussels; Madame de Prie lent him her chaise. When he returned it, he wrote thanking her, and at the same time sent her a ring worth 100,000 livres. The Duke provided him with relays, and made four of his own people accompany him. When he took leave of my son, Law said to him, "Monsieur, I have committed several great faults, but they are merely such as are incident to humanity; you will find neither malice nor dishonesty in my conduct." His wife would not go away until she had paid all their debts; he owed to his rotisseur alone 10,000 livres.
[Mr. Law retired to Venice, and there ended his days. Some memoirs state that he was not married to the Englishwoman who passed for his wife.]