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Updated: May 19, 2025
"Lend me something," she said to the controller-general of her household; "you will trust me; no one will trust this unfortunate woman." As M. Nettement remarked: "The Duchess of Berry held it as a principle that princes should be like the sun which draws water from the streams only to return it in dew and rain. She considered her civil list as the property of all, administered by her.
If the controller-general of the defences already scented treason in the air, and was communicating his suspicions to the Signory, Malatesta Baglioni, the archtraitor, who afterwards delivered Florence over for a price to Clement, could not but have wished to frighten him away. From another of Michelangelo's letters we learn that he carried 3000 ducats in specie with him on the journey.
But the people did not know the real issues of the bank, and so long as new shares could be created and sold to pay the interest, the company's credit was good. For a while the delusion lasted. Law was regarded as a great national benefactor. His house was thronged with dukes and princes. He became controller-general of the finances virtually prime minister. His fame extended far and wide.
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