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"My lord," said some one present, "if you
would have a choice from among the duchesses, you need but send to Mrs.
Law's, you will find them all assembled there."
The wealth of Law rapidly increased with the expansion of the bubble. In
the course of a few months he purchased fourteen titled estates, paying for
them in paper; and the public hailed these sudden and vast acquisitions of
landed property as so many proofs of the soundness of his system. In one
instance he met with a shrewd bargainer, who had not the general faith in
his paper money. The President de Novion insisted on being paid for an
estate in hard coin. Law accordingly brought the amount, four hundred
thousand livres, in specie, saying, with a sarcastic smile, that he
preferred paying in money as its weight rendered it a mere encumbrance. As
it happened, the president could give no clear title to the land, and the
money had to be refunded. He paid it back _in paper_, which Law dared
not refuse, lest he should depreciate it in the market.


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