night and day in Law's house.

The Scotchman did not in the least expect this dismissal or this guard,
but he appeared very tranquil respecting both, and maintained his usual
coolness. The next day he was taken by the Duc de la Force to the Palais
Royal. Then comedy number two was played. M. le Duc d'Orleans refused
to see the financier, who went away without an interview. On the day
after, however, Law was admitted by the back stairs, closeted with the
Regent, and was treated by him as well as ever. The comedies were over.

On Sunday, the 2nd of June, Benzualde and his Swiss withdrew from Law's
house. Stock-jobbing was banished at the same time from the Rue
Quincampoix, and established in the Place Vendome. In this latter place
there was more room for it. The passers-by were not incommoded. Yet
some people did not find it as convenient as the other. At this time the
King gave up to the bank one hundred million of shares he had in it.

On the 5th July, a decree of the Council was issued, prohibiting people
from possessing jewels, from keeping them locked up, or from selling them
to foreigners. It may be imagined what a commotion ensued. This decree
was grafted upon a number of others, the object of all, too visibly,
being to seize upon all coin, in favour of the discredited paper, in
which nobody could any longer have the slightest confidence. In vain M.
le Duc d'Orleans, M. le Duc, and his mother, tried to persuade others, by
getting rid of their immense stores of jewels, that is to say, by sending
them abroad on a journey--nothing more: not a person was duped by this
example; not a person omitted to conceal his jewels very carefully: a
thing much more easy to accomplish than the concealment of gold or silver
coin, on account of the smaller value of precious stones. This jewellery
eclipse was not of long duration.

CHAPTER CI

Immediately after the issue of this decree an edict was drawn up for the
establishment of an Indian commercial company, which was to undertake to
reimburse in a year six, hundred millions of bank notes, by paying fifty
thousand dollars per month. Such was the last resource of Law and his
system. For the juggling tricks of the Mississippi, it was found
necessary to substitute something real; especially since the edict of the
22nd of May, so celebrated and so disastrous for the paper. Chimeras
were replaced by realities--by a true India Company; and it was this name
and