Weekly national intelligencer., 1850-10-26
MONEY AFFAIRS OF LOUIS PHILIPPE.


Our Paris correspondent has referred 10 certain
statements, published by Count DE MoNTALWET,
respecting the manner in which the late King OF
the French disbursed his revenues, the Counts OBJ
iect being to rebut the accusations that the exkng
was avaricious and had placed vast sums of money
in foreign funds. Galignani's Messenger of Octo-
| Der publishes synopsis Of this document, which
we further abridge The defence on those points
seems to us to be unanswerable. M. de Montalivet
remarks that unlike any Of his predecessors on the
throne of France for sixty years, LOUIS PHILIPPE
had no time to prepare for his fall. He could
neither arrange his affairs, nor destroy any of his
papers or correspondence. Yet mot note, pa
per, or letter was found to justify these odlous
accusations against him." The amount OF debts
owing by him when he fed from France, on ac-
count of his civil list or private estate, was
"a, 900 900 of francs, no part Of which was incur
red by investment in foreign funds. He did not
send single franc out Of France. Though often
urged to invest abroad, he always refused; and
even at the marriage of the Duke de Nemours to
the Princess Of SAKE Coburg Gotha he offered to
break off the marriage rather than invest the mar
riage portion he gave in foreign funds, requested
by the Princess's father. M. de Montaivet cor
tinues
In consequence of his thus acting, the Provisional Gov
able seize the property Of all kinds
forests Of bis private domain and the marriage portion OF the
Duchess GOreans down the whole fortune 900 per
rentes) Of her youngest the Duke de Chartres
The Kings embaassmens began Immediately after the revo
luton of $780, Just after that event. the King received
brief communication from Charles X stating that he re-
quired CO. 900 f. in god The King Immediately directed
Baron Louis the Minister Of Finance to advance the amount
be undertaking to repay it 70 the treasury This was done
and the money sent the King In 1881 Louis Philippe
read in English newspaper that in Scotland part Of the
effects of Charles Tenth had been seized for debt and that
warrant had been issued for his arrest Louis Philippe
Immediately sent off his treasurer, M janet to the CREDITOR
M de Pafenhofen, arrange with him any terms BY
the immediate payment of IO0 600 Fl. down, and life an
nuiy Of 10000 f. payable quarterly and in advance, Louis
Philippe had the satisfaction Of saving the deposed monarch
from the ndgny Of arrest; but Charles K himself never
knew the hand that befriended him.
Some months later the King employed all bis constitutional
efforts against the clause in the bill the baishment of the
elder Bourbons, requiring them sell their French property
He had previously caused the penalty Of death to be struck
Of the law which prescribed the Bonapare family He
acted generously the Bonaparte amv in lS47 and lS4S
he gave orders to the Ministers to demand from the Chambers
pension of I5O00O for jerome, exKng of Wesphalia,
and his death for smaller for his son some time be-
fore he paid the debts of another Bonapare nephew OF the
Emperor, who in dangero Of being arrested in Belgium
In the winter of 1880 the King dispensed 1000 OeOE in dis
bung relief to the INDECENT of Paris and the departments
He also employed several millions in making advances to diff
ferent mercantile establishments danger OF falling from the
stagnation of business caused by the revolution.
Hesng that Benjamin Constant the celebrated publicis
in embarrassment the King sent him zoe, OOOf To the
well known M Andy de Pyraveau, also, ne sent the same
the mercantile firm, OF which he was one OF the
Chiefs from bankruptcy. What the King did for the late
Jacques Laitte is well known Jacques Lafe it seems,
had the pressing need Of 0O0 0OO and offs guarantee
of but in vain that he attempted to raise
by the sale of his estate Masons and the forest OF Bren
teuil-no would buy that time. The King hestaed
not to him. He gave 10000 O00f for the forest Of
Beneu-far than its real value, Count Roy, in pros
porous times having refused to give $500 eOOf for 1.-THE
than l00O 000f In addition to all this the King gave
guaranty the bank for 6OOO OOOf which advanced to
Late In 1882 M. Latte having paid the interests,
the King had pay 800 000 and in 1884, the bank having
proceed against NJ Laf the King again saved him by
paying his account l,200 0O0f, and by procuring him
| time for the payment Of the rest
By this generosity Laitte able to terminate the qu-
daton Of his bank with advantage without be would have
been ruined Yet M. Latie did not hesitate to display the
grosses ngatude to the late King, and publicly demanded
pardon Of God and for the share he had in raising him
the throne. M Audy de Puyraveau also became OF
the bterest adversares Of his Majesty The sacrifices thus
made by the King account Of Lae and others exceeded
00O 000 and set off, he only obtained an increase
Of about 000 in the of his private estate The
Chamber of Deputies had engaged to make donations to the
princes Of the royal family in the event of the private domain
Of the King being insufficient and he shows that when
dotaton Duke de Nemours nsuf
cent Ia 1882 the clear of the private estate was
130O OOOf from 1910 1s47 only averaged 5OO 600
francs vet the expenses incurred by the King for keeping
their for the maintenance of their stables chantres
journeys &C., exceeded that by about 5000, DOOR.
But Notwithstanding these personal embarrassments
Louis Philippe incurred ouays in the restoration OF he
royal palaces Of ST. Cloud, the Tuileres Fonainebleau,
and Pau in Transforming the palace Of Versailles; in giving
activity the manufactures Of Gobens and Beauvais. The
dbursed by the King during the eighteen years Of his
reign for extraordinary works in palaces which he need not
have undertaken and which consequently were present to
the nation, amounted 49, 6l5 00Of and, besides this he
disbursed 9sO0Of in repairs, &C. For Versailles alone
he spent For pictures sculptures and works
Of art which the King purchased for ornamenng the palaces
and which became part Of the property Of the State ne spent
upward Of 00O 000f In addition to the expense
Of keeping up gardens and parks he spent 1860 in
improvements.
He aso for the sake of the Parisians, put stop to the
annual cuttings in the forests of Boulogne and Vncennes
the consequence Of which that the former only yielded
l2OO0f year, while its expenses were O0Of He also
caused in the Of his reign, 10000 hectares to be
planted For the making and paving Of roads IN the ,res
he incurred great expenses and undertook works in depart
mens for the sake Of giving work to the poor His
outlay such Objects which only yield profit In
future, On the whole, the King dispensed
050OO 000f in keeping up the domain OF the crown, and
in addition, for the extraordinary works in palaces pur
chases Of the works Of art improvements Of forests &C.
AZ, 77O, ,000f
The last is, says the Count, morally due from the
State the State alone has pro6ed by it. Yet, notwith
standing this M Monavet remarks that the Government
fifteen months after the revolution, had caused mortgage Of
25 O00f be taken Louis Philppes property, for
it pretended to be due by him to the State "You
have accused Louis Philippe" says NJ de Montavet " of
has replied you You have accused Louis Philippe Of
selshness and avace his socude for august msortune
and his prodga munfcence several Of your friends have
replied 10 YOU You have accused Louis Philippe of greed