ItwasafterthisrepulsethathevisitedItaly。Hismindbeingstilloccupiedwithschemesoffinance,heproposedtoVictorAmadeus,DukeofSavoy,toestablishhisland-bankinthatcountry。TheDukerepliedthathisdominionsweretoocircumscribedfortheexecutionofsogreataproject,andthathewasbyfartoopoorapotentatetoberuined。Headvisedhim,however,totrytheKingofFranceoncemore;
forhewassure,ifheknewanythingoftheFrenchcharacter,thatthepeoplewouldbedelightedwithaplan,notonlysonew,butsoplausible。
LouisXIVdiedin1715,andtheheirtothethronebeinganinfantonlysevenyearsofage,theDukeofOrleansassumedthereinsofgovernment,asRegent,duringhisminority。Lawnowfoundhimselfinamorefavourableposition。Thetideinhisaffairshadcome,which,takenattheflood,wastowafthimontofortune。TheRegentwashisfriend,alreadyacquaintedwithhistheoryandpretensions,andinclined,moreover,toaidhiminanyeffortstorestorethewoundedcreditofFrance,boweddowntotheearthbytheextravaganceofthelongreignofLouisXIV。
Hardlywasthatmonarchlaidinhisgraveerethepopularhatred,suppressedsolong,burstforthagainsthismemory。Hewho,duringhislife,hadbeenflatteredwithanexcessofadulation,towhichhistoryscarcelyoffersaparallel,wasnowcursedasatyrant,abigot,andaplunderer。Hisstatueswerepeltedanddisfigured;hiseffigiestorndown,amidtheexecrationsofthepopulace,andhisnamerenderedsynonymouswithselfishnessandoppression。Thegloryofhisarmswasforgotten,andnothingwasrememberedbuthisreverses,hisextravagance,andhiscruelty。
Thefinancesofthecountrywereinastateoftheutmostdisorder。Aprofuseandcorruptmonarch,whoseprofusenessandcorruptionwereimitatedbyalmosteveryfunctionary,fromthehighesttothelowestgrade,hadbroughtFrancetothevergeofruin。Thenationaldebtamountedto3000millionsoflivres,therevenueto145