, 1873-10-19

siIe 10 po Icconcllcu to the DukD, aud then kint
Of family reconciliation uas patched 10. Tho con
sequence Of which was that twolyomonth me-
ytons to his death (AuguHt, 1714) Louis mado q
| VIII, leaving tho regency, controlled by coun-
cil, TO tho DUO dofioans, aud the guardianship 0,
tlo infant heir to tho throne. together wltl
the command Of tho household troops, to the
] Duo do Mninc.
! Louis is dying, and the sa1ons. Of tho coming
natterers; a, Ono day, however,, comos tho news
Tho now rcecding Regent aro empty. But three
days afterwards list Of September, 1715) Louis
tho Fourteenth has passed away, and
ALL TILE WORLD 10 onoWDrNa pELI-MELL
In hot and breathless haste back to tho Regent,
ready to lick hs boots, mako footstoola Of 3llois
bodies. or undergo any kind Of degradation, to
win his august smiea. And those arc Tho croa-
turos of Mano and Maintenon, who year or two
before bad stunned him as plague-Bpotton, and
WHO did their best to bring him to tho scnffold
And tho mob, as usual, initiate their botters :;
they no longer howl againat him, nor c1amor for
is life. nor insult Lis cars with horrible nccusa-
tions and vile opithets, but ratso their sweet
voicos instead in triumphant cheers and rratr-
lations, singing
"vtyc notre regent
II est al dcbunnalro
Qn'll est cousnle I'LL cnfant
Qu'on tlent par lisicre,
Ton5onra,
La mutt OF IL jour-"
Thoao also would lick his boots nay clean tho
ground over which he walks with their tongues,
carry hin upon their shoulders, drug LiB cur
riago through the htreetH. or perform any other
aaBaoB' work. to ingratiate themselves into his
favor.
!, The Duke was magnanimous, mud received even
cordiality.. "Tho Regent does not rovenge tho
Injuries Of the Due d'OEloans," ;" ho said nobly
md he kept his word.
But neyerthcless he resolved to bo master Of
the situation, and would not submit to be- marov
tim nreHj1nt NJ n Of
y .hia personal power. 1Io protested IN
Parliament that the will waB not in
conformity s,'ni with with! the King'n last words !;
tied for eoil, but not for good and finished BY
declaring himself Regent with absolute author
lty. Tho declaration WAS ratified by the parlia-
men sna appro'y;otd by tho people To sppro-
hold troops, md Was heuceforth
MASTER OF FnANoB-
Tho rule OF tho now government was to do
everything that had been taboocd by the old, and
vico versa. 1t accorded protection to tho
Janaenists, annllcd al letters do cachot, ctlcts,
disciples Of Port-Royal, and confided all eccle-
siastical affairs to Noaillos. Floury, D'Agues-
soau. and the Abbo Pucello. Louis had con-
fined within the narroweat possible limits the
authority OF Parliament, and interdicted the use
OF remonatrancos tho Regent restored its priv
ilogcs. In . moment Of enthusiasm he Baid
TINT he would govern only by it's advice, and
ohose the greater number OF his councillors from
a1nongst its members. Nevertheless ho did not
keep his word in this respect. BY entering into
3 close convention with George tho First ho
abandoned tho oause Of the Stuarts, and sought
pence for hia ,sar-riddon country. by tho year
l718 he had reduced tho debt by 400 006, 900
liyras. But SO slipendous was tic financial
burden imposed upon tic nation Ly tho DISASTROUS
wars Of the lato reign that ho could nuke no
headway againat it; In vain did he cut down
pensions. vigiantly overlooked tho &C.
counts OF the rovol,uo farmers; these things
were We. but AZ bailing water out Of the sen
It was Just ut this time, when national Bhnk-
iNptoy was staring him in tho face, that his at
tention YVES attractod by
and his schome Of paper currency, Law. vim
had trayerscd Europe with his plan, aud had
mot With nothing but diaconragemoat. Ind ,ov-
ortheloss accumulated largo fortune by gamb-
ling, aud had, in 1716, settled with his brother in
Paris, whore he Ind opened private bank and
issued large Quantities of bank notes, which en-
joycd perfect credit. As soon az his pro,oaaIs
wore unfolded to the Regent ho embraced thom
With tho utmost araor; ho fascod that he had
9iscoyerea the alotlemists secret and an anti
Up started tho Misaissippt schome-.o develop
tho resources OF Louiaiann and tho coun-
t1,y t,yI bordering upon tho AlissiHnippi- 900
shares shares, at 6oo liyrca each. The promoters
A"tA'aSA eAo AAAE9l EVillEu lu6 money. mo.
nopolizcd tho trade OF all tho posaoasIona Of
tho French East India Company! So groat was
the demand for sllhrcB that 60, ,0G0 now ones woro
orcated for which there were so0, 200 applicants;
n9 10 1afy Was o ao per cent Bat
the interference Of strangers In public affairs,
and al colllsion botYoon tho Royal Treasury
and tho scotchmnn's bank. Terrified by tho
hourly increasing maslia for speculation thoy
Law md hang him. Orleans gave him all asylum
IN bis own palace; deprived tho Duo 10 Noaillos
of tho administration Of finance. oxilod DAguea.
'eau, deprived the Duo do Maine of the Huperin-
endenoy Of the young Kings education. reduced
o tho rank Of Peera. punished all others who
lad toiuod tho Parliament In opposition to his |
larling scheme, aud created the specunsor !
Of the finances OF tho |
Kingdom.
THE MoNEY-MApNEsa
gas now at tts height mnittudes Of fren-
:led wrotches craving for sllaros surrounded |
4aw'a house night and day; the population
u rarin Increased daily by thousands, until
'Yery Kitchen, htable, and outl.ouBo Bwarmed
arnea topsy-turyy; laclseya reyoicd il the
u wealtl. to-day; men Of the old nol,louBo
aaAea " sa,,,,l trembling aud eager to the capi-
~ npi!R ~ Ky; Me.a and manora which had Ie-
o huy harca tn tho m0nBtrouH lottory. I'ln
,ourgoos sold thor slol1s and houHes to grain
h!a hohe l'ronlaanry bits Of paper; workmon bur-
ineo money could DO obtained 10 oasily' 4
Fild frenzy, a craving thirst, a rayonIng Lilnrer
or gold sozed upon ul1, uingling every CLASS.
eGKar anu bourRools noble and artiHan, outcast
III wild Haturnallan struggle Sor
foalth. - AVA
TIE cHAHH CAME AT LAST.
MI the poor wrotcAcH awolto from their foyor. |
fRatu tn fi.uj 1nin IN "a. liz '0'S'- |