illions were paid to Bavaria,
and three millions to Sweden, in settlement of old debts. Shortly after,
M. le Duc d'Orleans gave 80,000 livres to Meuse; and 80,000 livres to
Madame de Chateauthiers, dame d'atours of Madame. The Abbe Alari, too,
obtained 2000 livres pension. Various other people had augmentation of
income given to them at this time.

Day by day Law's bank and his Mississippi increased in favour. The
confidence in them was complete. People could not change their lands and
their houses into paper fast enough, and the result of this paper was,
that everything became dear beyond all previous experience. All heads
were turned, Foreigners envied our good fortune, and left nothing undone
to have a share in it. The English, even, so clear and so learned in
banks, in companies, in commerce, allowed themselves to be caught, and
bitterly repented it afterwards. Law, although cold and discreet, felt
his modesty giving way. He grew tired of being a subaltern. He hankered
after greatness in the midst of this splendour; the Abbe Dubois and M. le
Duc d'Orleans desired it for him more than he; nevertheless, two
formidable obstacles were in the way: Law was a foreigner and a heretic,
and he could not be naturalised without a preliminary act of abjuration.
To perform that, somebody must be found to convert him, somebody upon
whom good reliance could be placed. The Abbe Dubois had such a person
all ready in his pocket, so to speak. The Abbe Tencin was the name of
this ecclesiastic, a fellow of debauched habits and shameless life, whom
the devil has since pushed into the most astonishing good fortune; so
true it is that he sometimes departs from his ordinary rules, in order to
recompense his servitors, and by these striking examples dazzle others,
and so secure them.

As may be imagined, Law did not feel very proud of the Abbe who had
converted him: more especially as that same Abbe was just about this time
publicly convicted of simony, of deliberate fraud, of right-down lying
(proved by his own handwriting), and was condemned by the Parliament to
pay a fine, which branded him with infamy, and which was the scandal of
the whole town. Law, however, was converted, and this was a subject
which supplied all conversation.

Soon after, he bought, for one million livres, the Hotel Mazarin for his
bank, which until then had been established in a house he hired of the
Chief-President, who had not need of it, being very