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They more than intimated that the great of the land were mixed up in the disgraceful agiotage that had led to these serious difficulties, and that all this brilliant dust of a civilizing expedition to a distant El Dorado was raised about the Emperor by his entourage to conceal from him what was going on nearer home.
To egg these on it was said that the Pope was interested in the venture; and the worst was that he dropped three millions of francs in it.* The situation then became the more critical as he had gradually risked all the money he disposed of in the terrible agiotage going on in Rome, tempted thereto by the prospect of huge profits and perhaps indulging in the hope that he might win back by money the city which had been torn from him by force.
There was talk of a syndicate, of an understanding with certain bankers to keep up the present high prices; the expedient of simulated sales was resorted to at the Hotel Drouot pictures being bought in at a big figure by the dealer himself and bankruptcy seemed to be at the end of all that Stock Exchange jobbery, a perfect tumble head-over-heels after all the excessive, mendacious agiotage.
Nearly all of them built, erected huge houses, entire streets of them, for purposes of sale; but they also gambled in land, selling plots at large profit to petty speculators, who also dreamt of making large profits amidst the continuous, fictitious rise brought about by the growing fever of agiotage.
Taxes and tariffs that's the future of England, and, so far as I can see, it may go on for ever. The government here desires nothing better than what they call Peace. What they mean by peace is agiotage, shares at a premium, and bubble companies.
Nearly all of them built, erected huge houses, entire streets of them, for purposes of sale; but they also gambled in land, selling plots at large profit to petty speculators, who also dreamt of making large profits amidst the continuous, fictitious rise brought about by the growing fever of agiotage.
He was, as Carlyle puts it, "a swallower of formulas," and it seems he had the ability to digest such food thus taken. Therefore, upon his return to Paris in April, 1785, he made a series of attacks upon agiotage, or stock jobbing, most effectively assaulting the Compagnie des Eaux and the Banque de St. Charles.
To egg these on it was said that the Pope was interested in the venture; and the worst was that he dropped three millions of francs in it.* The situation then became the more critical as he had gradually risked all the money he disposed of in the terrible agiotage going on in Rome, tempted thereto by the prospect of huge profits and perhaps indulging in the hope that he might win back by money the city which had been torn from him by force.
"Ah, Marquis!" said Graham Vane, "are you gazing at Duplessis? He is the modern genius of Paris. He is at once the Cousin, the Guizot, and the Victor Hugo of speculation. Philosophy, Eloquence, audacious Romance, all Literature now is swallowed up in the sublime epic of 'Agiotage, and Duplessis is the poet of the Empire."
Nearly all of them built, erected huge houses, entire streets of them, for purposes of sale; but they also gambled in land, selling plots at large profit to petty speculators, who also dreamt of making large profits amidst the continuous, fictitious rise brought about by the growing fever of agiotage.
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