The Mississippi Bubble Part 33

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"Perhaps, but two millions is the same as three millions," said Philippe. "The question is, where to get two millions."

"As your Grace has said, I have been somewhat fortunate at play,"

replied Law, "but I must say that this sum is beyond me, and that both the diamond and the bank I can not compa.s.s. Yet, your Grace has at disposal the crown jewels of France. Now, beauty is the sovereign of all sovereigns, as Philippe of Orleans must own. To beauty belongs the use of these crown jewels. Place them as security, and borrow the two millions. For myself, I shall take pride in advancing the interest on the sum for a certain time, until such occasion as the treasury may afford the price of this trinket. In a short time it will be able to do so, I promise your Grace; indeed able to buy a dozen such stones, and take no thought of the matter."

"Monsieur L'as, do you actually believe these things?"

"I know them."

"And you can secure for me this gem?"

"a.s.suredly. We shall have it. Let it be called the 'Regent's Diamond,'

after your Grace of Orleans. And when the king shall one day wear it, let us hope that he will place it as fitly as I am sure your Grace will do, on the brow of beauty--even though it be beauty unknown, and kept concealed under princely prerogative!"

"Ah! You are too keen, Monsieur L'as, too keen to see my new discovery.

Not for a little time shall I take the risk of introducing this fair friend to one so dangerous as yourself; but one of these times, my very good friend, if you can secure for me this diamond, you shall come to a very little supper, and see where for a time I shall place this gem, as you say, on the brow of beauty. For the sake of Monsieur L'as, head magician of France my mysterious alien shall then unmask."

"And then I am to have my bank?"

"Good G.o.d, yes, a thousand banks!"

"It is agreed?"

"It is agreed."

CHAPTER V

A DAY OF MIRACLES

The regent of France kept his promise to Law, and the latter in turn fulfilled his prophecy to the regent. Moreover, he swiftly went far toward verifying his boast to the Lady Catharine Knollys; for in less than a month his name was indeed on every tongue in Paris. The Banque Generale de L'as et Compagnie was seized upon by the public, debtor and creditor alike, as the one new thing, and hence as the only salvation.

As ever, it pleased Paris to be mystified. In some way the rumor spread about that Monsieur L'as was _philosophique_; that the Banque Generale was founded upon "philosophy." It was catch-word sufficient for the time.

"_Vive_ Jean L'as, _le philosophe_--Monsieur L'as, he who has saved France!" So rang the cry of the shallow-witted people of an age splendid even in its contradictions. And meantime the new bank, crudely experimental as it was, flourished as though its master spirit had indeed in his possession the philosopher's stone, turning all things to gold.

One day, shortly after the beginning of that brilliantly spectacular series of events destined so soon to make Paris the Mecca of the world, there sat at table, in a little, obscure _cabaret_ of the gay city, a group of persons who seemed to have chosen that spot for purposes of privacy. Yet privacy was difficult where all the curious pa.s.sers-by stared in amaze at the great coach near the door, half filling the narrow and unclean street--a vehicle bearing the arms of no less a person than that august and unscrupulous representative of the French n.o.bility, the Prince de Conti. No less a person than the prince himself, thin-faced, aquiline and haughty, sat at this table, looking about him like any common criminal to note whether his speech might be overheard.

Next to him sat a hook-nosed Jew from Austria, Fraslin by name, one of many of his kind gathered so quickly within the last few weeks in Paris, even as the scent of carrion fetches ravens to the feast. Another of the party was a man of middle age, of handsome, calm, patrician features and an unruffled mien--that De la Chaise, nephew of the confessor of Louis the Grand, who Was later to represent the young king in the provinces of Louisiana.

Near by the latter, and indeed the central figure of this gathering, was one less distinguished than either of the above, evidently neither of churchly ancestry nor civic distinction--Henri Varenne, sometime clerk for the noted Paris Freres, farmers of the national revenues. Varenne, now serving but as clerk in the new bank of L'as et Compagnie, could have been called a man of no great standing; yet it was he whose presence had called hither these others to this unusual meeting. In point of fact, Varenne was a spy, a spy chosen by the jealous Paris Freres, to learn what he might of the internal mechanism of this new and startling inst.i.tution which had sprung into such sudden prominence.

"As to the bank of these brothers L'as," said the Prince de Conti, rapping out emphasis with his sword hilt on the table, "it surely has much to commend it. Here is one of its notes, and witness what it says.

'The bank promises to pay to the bearer at sight the sum of fifty livres in coin of the weight and standard of this day.' That is to say, of this date which it bears. Following these, are the words 'value received.'

Now, my notary tells me that these words make this absolutely safe, so that I know what it means in coin to me at this day, or a year from now.

Is it not so, Monsieur Fraslin?"

The Jew reached out his hand, took the note, and peered over it in close scrutiny.

"'Tis no wonder, Monsieur le Prince," said he, presently, "that orders have been given by the Government to receive this note without discount for the payment of the general taxes. Upon my reputation, I must say to you that these notes will pa.s.s current better than your uncertain coin.

The specie of the king has been changed twice in value by the king's orders. Yet this bases itself upon a specie value which is not subject to any change. Therein lies its own value."

"It is indeed true," broke in Varenne. "Not a day goes by at this new bank but persons come to us and demand our notes rather than coin of the realm of France."

"Yes, yes," broke in the prince, "we are agreed as to all this, but there is much talk about further plans of this Monsieur L'as. He has the ear of his Grace the regent, surely. Now, sir, tell us what you know of these future affairs."

"The rumor is, as I understand it," answered Varenne, "that he is to take over control of the Company of the West--to succeed, in short, to the shoes of Anthony Crozat. There come curious stories of this province of Louisiana."

"Of course," resumed the prince, with easy wisdom, "we all of us know of the voyage of L'Huillier, who, with his four s.h.i.+ps, went up this great river Messasebe, and who, as is well known, found that river of Blue Earth, described by early writers as abounding in gold and gems."

"Aye, and there comes the strange part of it, and this is what I would lay before your Lords.h.i.+ps, as bearing upon the value of the shares of this new bank, since it is taking over the charter of the Company of the West. It is news not yet known upon the street. The story goes that the half has not been told of the wealth of these provinces.

"Now, as you say, L'Huillier had with him four s.h.i.+ps, and it is well known that his gentlemen had with them certain ladies of distinction, among these a mysterious dame reported to have earlier traveled in portions of New France. The name of this mysterious female is not known, save that she is reported to have been a good friend of a _sous-lieutenant_ of the regiment Carignan, sometime dweller at Quebec and Montreal, and who later became a lieutenant under L'Huillier. It is said that this same mysterious fair, having returned from America and having cast aside her lieutenant, has come under protection of no less a person than his Grace Philippe of Orleans, the regent. Now, as you know, the bank is the best friend of the regent, and this mysterious dame, as we are advised by servants of his Grace's household, hath told his Grace such stories of the wealth of the Messasebe that he has secretly and quickly made over the control of the trade of those provinces to this new bank. There is story also that his Grace himself will not lack profit in this movement!"

The hand of Conti smote hard upon the table. "By heaven! it were strange thing," said he, "if this foreign traveler should prove the same mysterious beauty Philippe is reported to have kept in hiding. My faith, is it indeed true that we are come upon a time of miracles?"

"Listen!" broke in again Varenne, his ardor overcoming his obsequiousness. "These are some of the tales brought back--and reported privately, I can a.s.sure you, gentlemen, now for the first time and to yourselves. The people of this country are said to be clad in beauteous raiment, made of skins, of gra.s.ses, and of the barks of trees. Their ornaments are made of pure, yellow gold, and of precious gems which they pick up from the banks of the streams, as common as pebbles here in France. The climate is such that all things grow in the most unrivaled fruitfulness. There is neither too much sun nor too much rain. The lakes and rivers are vast and beautiful, and the forests are filled with myriads of strange and sweet-voiced birds. 'Tis said that the dream of Ponce de Leon hath been realized, and that not only one, but scores of fountains of youth have been discovered in this great valley. The people are said never to grow old. Their personal beauty is of surpa.s.sing nature, and their disposition easy and complaisant to the last degree--"

"My faith, say on!" broke in De la Chaise. "'Tis surely a story of paradise which you recount."

"But, listen, gentlemen! The story goes yet farther. As to mines of gold and silver, 'twas matter of report that such mines are common in all the valley of the Messasebe. Indeed the whole surface of the earth, in some parts, is covered with lumps of gold, so that the natives care nothing for it. The bottoms of the streams, the beaches of the lakes, carry as many particles of gold as they have pebbles and little stones. As for silver, none take note of it. 'Tis used as building stone."

"In the name of Jehovah, is there support for these wonders you have spoken?" broke in Fraslin the Jew, his eyes s.h.i.+ning with suppressed excitement.

"a.s.suredly. Yet I am telling not half of the news which came to my knowledge this very morning--the story is said to have emanated from the Palais Royal itself, and therefore, no doubt, is to be traced to this game unknown queen of the Messasebe. She reports, so it is said, that beyond the country where L'Huillier secured his cargo of blue earth, there is a land where grows a most peculiar plant. The meadows and fields are covered with it, and it is said that the dews of night, which gather within the petals of these flowers, become, in the course of a single day, nothing less than a solid diamond stone! From this in time the leaves drop down, leaving the diamond exposed there, s.h.i.+ning and radiant."

"Ah, bah!" broke in Fraslin the Jew. "Why believe such babblings? We all know that the diamond is a product not of the vegetable but of the mineral world!"

"So have we known many things," stoutly replied Varenne, "only to find ourselves frequently mistaken. Now for my part, a diamond is a diamond, be it born in a flower or broken from a rock. And as for the excellence of these stones, 'tis rumored that the lady hath abundant proof. 'Tis no wonder that the natives of the valley of the Messasebe robe themselves in silks, and that they deck themselves carelessly with precious stones, as would a peasant of ours with a chain of daisy blossoms. Now, if there be such wealth as this, is it not easy to see the profit of a bank which controls the trade with such a province? True, there have been some discoveries in this valley, but nothing thorough. 'Tis but recent the thing hath been done thorough."

The Prince de Conti sat back in his chair and drew a long breath. "If these things be true," said he, "then this Monsieur L'as is not so bad a leader to follow."

"But listen!" exclaimed Varenne once more. "I have not even yet told you the most important thing, and this is rumor which perhaps your Grace has caught. 'Tis whispered that the bank of the brothers L'as is within a fortnight to be changed."

"What is that?" queried Fraslin quickly. "'Tis not to be abandoned?"

"By no means. Abandoned would be quite the improper word. 'Tis to be improved, expanded, increased, magnified! My Lords, there is the opportunity of a life-time for every one of us here!"

"Say on, man, say on!" commanded the prince, the covetousness of his soul s.h.i.+ning in his eyes as he leaned forward.

"I mean to say this," and the spy lowered his voice as he looked anxiously about. "The regent hath taken a fancy to be chief owner himself of an enterprise so profitable. In fine, the Banque Generale is to become the Banque Royale. His Majesty of France, represented by his Grace the regent, is to become the head banker of France and Europe!

Monsieur L'as is to be retained as director-general of this Banque Royale. There are to be branches fixed in different cities of the realm, at Lyons, at Tours, at Amiens, at Roch.e.l.le, at Orleans--in fact, all France is to go upon a different footing."

The glances of the Prince de Conti and the Austrian met each other. The Jew drew a long breath as he sat back in his chair, his hands grasping at the edge of the table. Try as he might, he scarce could keep his chin from trembling. He licked out his tongue to moisten his lips.

"There is so much," resumed Varenne, "that 'tis hard to tell it all. But you must know that this Banque Royale will be still more powerful than the old one. There will be incorporated with it, not only the Company of the West, but also the General Company of the Indies, as you know, the most considerable mercantile enterprise of France. Now listen! Within the first year the Banque Royale will issue one thousand million livres in notes. This embodiment of the Compagnie Generale of the Indies will warrant, as I know by the secret plans of the bank, the issue of notes amounting to two billion livres. Therefore, as Monsieur de la Chaise signifies, he who is lucky enough to-day to own a few _actions_ of the Banque Royale, or even the old _actions_ of Monsieur L'as' bank, which will be redeemed by its successor, is in a way to gain greater sums than were ever seen on the face of any investment from the beginning of the world until to-day! Now, as I was about to ask of you, Monsieur Fraslin--"

The speaker turned in his chair to where Fraslin had been but a moment before. The chair was empty.

The Mississippi Bubble Part 33

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The Mississippi Bubble Part 33 summary

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