Let me speak now of another matter.

A Scotchman, I do not know of what family, a great player and combiner,
who had gained much in various countries he had been in, had come to
Paris during the last days of the deceased King. His name was Law; but
when he became more known, people grew so accustomed to call him Las,
that his name of Law disappeared. He was spoken of to M. le Duc
d'Orleans as a man deep in banking and commercial matters, in the
movements of the precious metals, in monies and finance: the Regent, from
this description, was desirous to see him. He conversed with Law some
time, and was so pleased with him, that he spoke of him to Desmarets as a
man from whom information was to be drawn. I recollect that the Prince
spoke of him to me at the same time. Desmarets sent for Law, and was a
long while with him several times; I know nothing of what passed between
them or its results, except that Desmarets was pleased with Law, and
formed some esteem for him.

M. le Duc d'Orleans, after that, only saw him from time to time; but
after the first rush of affairs, which followed the death of the King,
Law, who had formed some subaltern acquaintances at the Palais Royal, and
an intimacy with the Abbe Dubois, presented himself anew before M. le Duc
d'Orleans, soon after conversed with him in private, and proposed some
finance plans to him. The Regent made him work with the Duc de Noailles,
with Rouille, with Amelot--this last for commercial matters. The first
two were afraid of an intruder, favoured by the Regent, in their
administration; so that Law was a long time tossed about, but was always
backed by the Duc d'Orleans. At last, the bank project pleased that
Prince so much that he wished to carry it out. He spoke in private to
the heads of finance, in whom he found great opposition. He had often
spoken to me of it, and I had contented myself with listening to him upon
a matter I never liked, and which, consequently, I never well understood;
and the carrying out of which appeared to me distant. When he had
entirely formed his resolution, he summoned a financial and commercial
assembly, in which Law explained the whole plan of the bank he wished to
establish (this was on the 24th of October, 1715). He was listened to as
long as he liked to talk. Some, who saw that the Regent was almost
decided, acquiesced; but the majority opposed.

Law was not disheartened. The majority were spoken to privately in very
good French.