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John Law of Lauriston / Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc. cover

John Law of Lauriston / Financier and Statesman, Founder of the Bank of France, Originator of the Mississippi Scheme, Etc.

Chapter 1: JOHN LAW OF LAURISTON
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The biography follows an ambitious financier from his formative years through gambling-driven exile and sustained experiments in banking and public finance. It charts his efforts to remedy national indebtedness with proposals such as a land bank, the founding of a private bank that became a royal institution, and the creation and expansion of a trading company whose shares fueled a speculative mania. The account details the resulting economic boom and collapse, administrative conflicts, and personal ascendancy and downfall, while examining underlying financial theories, contemporary reactions, and archival sources to assess his methods and legacy.

The Project Gutenberg eBook of John Law of Lauriston

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Title: John Law of Lauriston

Author: A. W. Wiston-Glynn

Release date: October 13, 2020 [eBook #63453]
Most recently updated: October 18, 2024

Language: English

Credits: Produced by deaurider, Charlie Howard, and the Online
Distributed Proofreading Team at https://www.pgdp.net (This
file was produced from images generously made available
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JOHN LAW OF LAURISTON

Copyright.]       [Emery Walker.

JOHN LAW OF LAURISTON.

From a portrait in the National Portrait Gallery, London.


John Law of Lauriston

Financier and Statesman

FOUNDER OF THE BANK OF FRANCE, ORIGINATOR OF THE
MISSISSIPPI SCHEME, ETC.

By A. W. WISTON-GLYNN, M.A.

EDINBURGH
E. SAUNDERS & Co., 52 NORTH BRIDGE STREET
Also at London and Dublin


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