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nydus/Memoirs of Extraordinary Popular Delusions and the Madness of CrowdsPublic
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Table of Contents

Notes

MONEY MANIA.—THE MISSISSIPPI SCHEME.

1

Miss Elizabeth Villiers, afterwards Countess of Orkney.

2

The wits of the day called it a sand-bank, which would wreck the vessel of the state.

3

This anecdote, which is related in the correspondence of Madame de Bavière, Duchess of Orleans and mother of the Regent, is discredited by Lord John Russell in his History of the principal States of Europe from the Peace of Utrecht; for what reason he does not inform us. There is no doubt that Law proposed his scheme to Desmarets, and that Louis refused to hear of it. The reason given for the refusal is quite consistent with the character of that bigoted and tyrannical monarch.

4

From maltôte, an oppressive tax.

5

This anecdote is related by M. de la Hode, in his Life of Philippe of Orleans. It would have looked more authentic if he had given the names of the dishonest contractor and the still more dishonest minister. But M. de la Hode’s book is liable to the same objection as most of the French memoirs of that and of subsequent periods. It is sufficient with most of them that an anecdote be ben trovato; the vero is but matter of secondary consideration.

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