this thing which succeeded, which took the place of the undertaking
previously known as the Mississippi. It was in vain that the tobacco
monopoly and a number of other immense monopolies were given to the new
company; they could not enable it to meet the proper claims spread among
the public, no matter what trouble might be taken to diminish them at all
hazard and at all loss.

It was now necessary to seek other expedients. None could be found
except that of rendering this company a commercial one; this was, under a
gentler name, a name vague and unpretending, to hand over to it the
entire and exclusive commerce of the country. It may be imagined how
such a resolution was received by the public, exasperated by the severe
decree, prohibiting people, under heavy penalties, from having more than
five-hundred livres, in coin, in their possession, subjecting them to
visits of inspection, and leaving them nothing but bank notes to, pay for
the commonest necessaries of daily life. Two things resulted; first,
fury, which day by day was so embittered by the difficulty of obtaining
money for daily subsistence, that it was a marvel all Paris did not
revolt at once, and that the emeute was appeased; second, the Parliament,
taking its stand upon this public emotion, held firm to the end in
refusing to register the edict instituting the new company.

On the 15th of July, the Chancellor showed in his own house the draught
of the edict to deputies from the Parliament, who remained with him until
nine o'clock at night, without being persuaded. On the morrow, the 16th,
the edict was brought forward in the Regency Council. M. le Duc
d'Orleans, sustained by M. le Duc, spoke well upon it, because he could
not speak ill, however bad his theme. Nobody said a word, and all bowed
their necks. It was resolved, in this manner, to send the edict to the
Parliament on the morrow, the 17th of July.

That same 17th of July, there was such a crowd in the morning, at the
bank and in the neighbouring streets, for the purpose of obtaining enough
money to go to market with, that ten or twelve people were stifled.
Three of the bodies were tumultuously carried to the Palais Royal, which
the people, with loud cries, wished to enter. A detachment of the King's
guards at the Tuileries was promptly sent there. La Vrilliere and Le
Blanc separately harangued the people. The lieutenant of police came;
brigades of the watch were sent for. The dead bodie