but I never asked
you to let him leave the realm, and I beg you, Monsieur, in presence of
the King, and before all these gentlemen, to say if I ever did."

"'Tis true," replied the Regent, "you never asked me; I allowed him to
go, because I thought his presence in France would injure public credit,
and the operations of the public."

"So far was I from asking you," said M. le Duc, "that if you had done me
the honour to demand my opinion, I should have advised you to take good
care not to let him depart from the country."

This strange conversation, which roused our astonishment to an incredible
point, and which was sustained with so much out-spoken freedom by M. le
Duc, demands a word or two of explanation.

M. le Duc was one of those who, without spending a farthing, had drawn
millions from Law's notes and shares. He had had large allotments of the
latter, and now that they had become utterly valueless, he had been
obliged to make the best of a bad bargain, by voluntarily giving them up,
in order to lighten the real responsibilities of the Company. This he
had done at the commencement of the Council, M. le Prince de Conti also.
But let me explain at greater length.

The 22nd of May, the day of the decree, was the period at which commenced
the final decay of the Company, and of the bank, and the extinction of
all confidence by the sad discovery that there was no longer any money
wherewith to pay the bank notes, they being so prodigiously in excess of
the coin. After this, each step had been but a stumble: each operation a
very feeble palliation. Days and weeks had been gained, obscurity had
been allowed to give more chance, solely from fear of disclosing the true
and terrible state of affairs, and the extent of the public ruin. Law
could not wash his hands of all this before the world; he could not avoid
passing for the inventor and instrument, and he would have run great risk
at the moment when all was unveiled. M. le Duc d'Orleans, who, to
satisfy his own prodigality, and the prodigious avidity of his friends,
had compelled Law to issue so many millions of livres of notes more than
he had any means of paying, and who had thus precipitated him into the
abyss, could not let him run the chance of perishing, still less to save
him, could he proclaim himself the real criminal. It was to extricate
himself from this embarrassment that he made Law leave the country, when
he saw that the monstrous deceit could no l