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Updated: May 25, 2025


In payment of the grain the foreign houses who sent it drew upon Ouvrard and Wanlerberghe for 26,000,000 francs in Treasury bills, which, according to the agreement with the Government, were to be paid. But when the bills of the foreign houses became due there was no money in the Treasury, and payment was refused.

I have been somewhat diffuse respecting the vast enterprises of M. Ouvrard, and on the disastrous state of the finances during the campaign of Vienna. Now, if I may so express myself, I shall return to the Minister Plenipotentiary's cabinet, where several curious transactions occurred.

To accomplish this object fresh advances to an enormous amount were necessary, for M. Ouvrard had to begin by furnishing 2,000,000 of quintals of grain at the rate of 26 francs the quintal. Besides all this, before he could realise a profit and be reimbursed for the advances he had made to the Treasury of Paris, he had to get the piastres conveyed from America to Europe.

"We have," he said, "to deal with more serious questions: it seems that the greatest dangers of the State were not in Austria: let us hear the report of the Minister of the Treasury." It then appeared that Barbé-Marbois had been concerned in risky financial concerns with the Court of Spain, through a man named Ouvrard.

The Empire outlasted the lifetime of M. Gindriez, but it did not establish itself permanently. In London I had liked to be with Mackay, Robinson the engraver, and Leslie, all gray-headed men, and in Paris I soon acquired a strong liking for M. Ouvrard, M. Gindriez, and Mr. Wyld.

A fresh investment of capital was therefore necessary for this service, which, when on a large scale, requires extensive advances, and the tardy payment of the Treasury at that period was well known. I was well acquainted with M. Ouvrard, and in what I am about to say I do not think there will be found anything offensive or disagreeable to him.

In payment of the grain the foreign houses who sent it drew upon Ouvrard and Wanlerberghe for 26,000,000 francs in Treasury bills, which, according to the agreement with the Government, were to be paid. But when the bills of the foreign houses became due there was no money in the Treasury, and payment was refused.

His brother went to Mexico in his stead. In 1802 a dreadful scarcity afflicted France. M. Ouvrard took upon himself, in concert with Wanlerberghe, the task of importing foreign grain to prevent the troubles which might otherwise have been expected.

Seals, however, were put upon his papers; but on examining them none of the information Bonaparte so much desired to obtain was found. Nevertheless on one point his curiosity was satisfied, for on looking over the documents he found from some of them that Madame Bonaparte had been borrowing money from Ouvrard.

M. Ouvrard and I were walking together in the direction of the palace, when we saw a Frenchman going towards it with his eyes fixed on the edifice. He was so entirely absorbed by his architectural studies that he did not notice the basin just in front of him. The stone lip of the basin projects a little on the land side, so that if you catch your foot in it no recovery is possible.

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