The Golden Dog [201]
in which he was supported by Rigaud de Vaudreuil and the Chevalier de Beauharnais. But Bigot, without condescending to the trouble of defending the ordinances on any sound principle of public policy, which he knew to be useless and impossible with the clever men sitting at the table, contented himself with a cold smile at the honest warmth of La Corne St. Luc, and simply bade his secretary read the orders and despatches from Versailles, in the name of the royal ministers, and approved of by the King himself in a Lit de Justice which had justified every act done by him in favor of the Grand Company.
The Governor, trammelled on all sides by the powers conferred upon the Intendant, felt unable to exercise the authority he needed to vindicate the cause of right and justice in the colony. His own instructions confirmed the pretensions of the Intendant, and of the Grand Company. The utmost he could do in behalf of the true interests of the people and of the King, as opposed to the herd of greedy courtiers and selfish beauties who surrounded him, was to soften the deadening blows they dealt upon the trade and resources of the Colony.
A decree authorizing the issue of an unlimited quantity of paper bills, the predecessors of the assignats of the mother country, was strongly advocated by Bigot, who supported his views with a degree of financial sophistry which showed that he had effectively mastered the science of delusion and fraud of which Law had been the great teacher in France, and the Mississippi scheme, the prototype of the Grand Company, the great exemplar.
La Corne St. Luc opposed the measure forcibly. "He wanted no paper lies," he said, "to cheat the husbandman of his corn and the laborer of his hire. If the gold and silver had all to be sent to France to pamper the luxuries of a swarm of idlers at the Court, they could buy and sell as they had done in the early days of the Colony, with beaver skins for livres, and muskrat skins for sous. These paper bills," continued he, "had been tried on a small scale by the Intendant Hoquart, and on a small scale had robbed and impoverished the Colony. If this new Mississippi scheme propounded by new Laws,"--and here La Corne glanced boldly at the Intendant,--"is to be enforced on the scale proposed, there will not be left in the Colony one piece of silver to rub against another. It will totally beggar New France, and may in the end bankrupt the royal treasury of France itself if called on to redeem them."
The discussion rolled on for an hour. The Count listened in silent approbation to the arguments of the gentlemen opposing the measure, but he had received private imperative instructions from the King to aid the Intendant in the issue of the new paper money. The Count reluctantly sanctioned a decree which filled New France with worthless assignats, the non-redemption of which completed the misery of the Colony and aided materially in its final subjugation by the English.
The pile of papers upon the table gradually diminished as they were opened and disposed of. The Council itself was getting weary of a long sitting, and showed an evident wish for its adjournment. The gentlemen of the law did not get a hearing of their case that day, but were well content to have it postponed, because a postponement meant new fees and increased costs for their clients. The lawyers of Old France, whom LaFontaine depicts in his lively fable as swallowing the oyster and handing to each litigant an empty shell, did not differ in any essential point from their brothers of the long robe in New France, and differed nothing at all in the length of their bills and the sharpness of their practice.
The breaking up of the Council was deferred by the Secretary opening a package sealed with the royal seal, and which contained other sealed papers marked SPECIAL for His Excellency the Governor. The Secretary handed them to the Count, who read over the contents with deep interest and a changing countenance. He laid them down and took them up again, perused them a second time, and passed
The Governor, trammelled on all sides by the powers conferred upon the Intendant, felt unable to exercise the authority he needed to vindicate the cause of right and justice in the colony. His own instructions confirmed the pretensions of the Intendant, and of the Grand Company. The utmost he could do in behalf of the true interests of the people and of the King, as opposed to the herd of greedy courtiers and selfish beauties who surrounded him, was to soften the deadening blows they dealt upon the trade and resources of the Colony.
A decree authorizing the issue of an unlimited quantity of paper bills, the predecessors of the assignats of the mother country, was strongly advocated by Bigot, who supported his views with a degree of financial sophistry which showed that he had effectively mastered the science of delusion and fraud of which Law had been the great teacher in France, and the Mississippi scheme, the prototype of the Grand Company, the great exemplar.
La Corne St. Luc opposed the measure forcibly. "He wanted no paper lies," he said, "to cheat the husbandman of his corn and the laborer of his hire. If the gold and silver had all to be sent to France to pamper the luxuries of a swarm of idlers at the Court, they could buy and sell as they had done in the early days of the Colony, with beaver skins for livres, and muskrat skins for sous. These paper bills," continued he, "had been tried on a small scale by the Intendant Hoquart, and on a small scale had robbed and impoverished the Colony. If this new Mississippi scheme propounded by new Laws,"--and here La Corne glanced boldly at the Intendant,--"is to be enforced on the scale proposed, there will not be left in the Colony one piece of silver to rub against another. It will totally beggar New France, and may in the end bankrupt the royal treasury of France itself if called on to redeem them."
The discussion rolled on for an hour. The Count listened in silent approbation to the arguments of the gentlemen opposing the measure, but he had received private imperative instructions from the King to aid the Intendant in the issue of the new paper money. The Count reluctantly sanctioned a decree which filled New France with worthless assignats, the non-redemption of which completed the misery of the Colony and aided materially in its final subjugation by the English.
The pile of papers upon the table gradually diminished as they were opened and disposed of. The Council itself was getting weary of a long sitting, and showed an evident wish for its adjournment. The gentlemen of the law did not get a hearing of their case that day, but were well content to have it postponed, because a postponement meant new fees and increased costs for their clients. The lawyers of Old France, whom LaFontaine depicts in his lively fable as swallowing the oyster and handing to each litigant an empty shell, did not differ in any essential point from their brothers of the long robe in New France, and differed nothing at all in the length of their bills and the sharpness of their practice.
The breaking up of the Council was deferred by the Secretary opening a package sealed with the royal seal, and which contained other sealed papers marked SPECIAL for His Excellency the Governor. The Secretary handed them to the Count, who read over the contents with deep interest and a changing countenance. He laid them down and took them up again, perused them a second time, and passed