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Updated: June 4, 2025
Argenson, who had much intelligence, and who had desired this post as the entry, the basis, and the road of his fortune, filled it in a very superior manner, and the Regent made use of him with much liberty.
Things, in fact, had come to such a pass, that it was evident one or the other must give up an administration which their rivalry threw into confusion. Argenson saw the storm coming, and feeling the insecurity of his position, wished to save himself.
Argenson remained Keeper of the Seals, and skilfully turned to account the sacrifice he had made by obtaining through it the permission to surrender his appointment of Chancellor of the Order of Saint-Louis to his eldest son, and the title, effectively, to his younger son.
The disorder of the finances increased in consequence every day, as well as the quarrels between Law and Argenson, who each laid the blame upon the other. The Scotchman was the best supported, for his manners were pleasing, and his willingness to oblige infinite. He had, as it were, a finance tap in his hand, and he turned it on for every one who helped him.
It was in vain that Argenson, the Minister of Police, arrested every individual, in all Paris, who seemed to be touched by the very faintest suspicion; in vain La Regnie raged, striving to compel confession; in vain guards and patrols were reinforced. Not a trace of the perpetrators of those outrages was to be discovered.
But Frenchmen grow accustomed to everything, and the majority were consoled by being no longer exposed to the sharp humour of Argenson, or his strange hours of business. But Law's annoyances were not over when this change had been made. M. le Prince de Conti began to be troublesome. He was more grasping than any of his relatives, and that is not saying a little.
Reduction of the Fervour. Proposed Colonies. Forced Emigration. Decree on the Indian Company. Scheming of Argenson. Attitude of the Parliament. Their Remonstrance. Dismissal of Law. His Coolness Extraordinary Decree of Council of State. Prohibition of jewellery. New Schemes. The New Edict. The Commercial Company. New Edict. Rush on the Bank. People Stifled in the Crowd. Excitement against Law.
The King of Sardinia had recourse to negotiation; he amused the Marquis of Argenson, at that time Louis XV.'s foreign minister, a man of honest, expansive, but chimerical views. At the moment when the king and the marquis believed themselves to be remodelling the map of Europe at their pleasure, they heard that Charles Emmanuel had resumed the offensive.
Champlain's successors in the office of governor, Montmagny, Ailleboust, Lauzon, Argenson, Avaugour, had no military force adequate to the task of meeting and crushing these formidable foes. Year after year the wretched colony maintained its struggle for existence amidst deadly perils, receiving almost no help from France, and to all appearance doomed to destruction.
Her Recovery. We Move to Meudon. Character of the Duchesse de Berry. The Mississippi Scheme. Law Offers Me Shares. Compensation for Blaye. The Rue Quincampoix. Excitement of the Public. Increased Popularity of the Scheme. Conniving of Law. Plot against His Life Disagreement with Argenson. Their Quarrel. Avarice of the Prince de Conti. His Audacity. Anger of the Regent.
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