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John Law (economist)
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==Properties and titles== When arriving in Paris in 1714 Law made his home in Place Louis-le-Grand, now [[place Vend么me]], in the {{ill|H么tel de Gramont (Paris){{!}}H么tel de Gramont|fr|H么tel de Gramont (Paris)}} where he hosted and entertained various Parisian nobles. On {{date|1718-6-30}} he purchased the ''H么tel Langl茅e'' on 19 rue Neuve-des-Petits-Champs, now 46-54 [[rue des Petits-Champs]] in Paris, and moved there after due renovations. In July 1718, he started buying lots with entrances on the Place Vend么me, and ended up owning most of that square before his downfall.<ref name=Buchan>{{cite book |author=James Buchan |title=John Law: A Scottish Adventurer in the Eighteenth Century |location=London |publisher=MacLehose Press |date=2019}}</ref>{{rp|171}} The H么tel Langl茅e was later demolished, and the lots on Place Vend么me sold by the French state in the restructuring following Law's flight from the country. Law also acquired a number of suburban estates and properties in [[Normandy]] and farther away from Paris, amassing a significant land and real estate portfolio. On {{date|1718-4-30}}, he purchased the {{ill|Ch芒teau de la Marche (Marnes-la-Coquette){{!}}Ch芒teau de la Marche|fr|Ch芒teau de la Marche (Marnes-la-Coquette)}} from [[Nicolas Desmarets]]. On {{date|1718-6-30}}, the same day as his acquisition of the Parisian H么tel Langl茅e, he bought the [[Ch芒teau de Tancarville]] from [[Louis Henri de La Tour d'Auvergne]], comte d'Evreux.{{R|Buchan|p=169-171}} Law then acquired the estates of [[Toucy]], [[Ch芒teau de Valen莽ay|Valen莽ay]] and {{ill|Ch芒teau de Roissy{{!}}Roissy|fr|Ch芒teau des Caramans}} in the second half of 1719, and [[Ch芒teau d'Orcher|Orcher]], {{ill|Ch芒teau d'Effiat{{!}}Effiat|fr|Ch芒teau d'Effiat}}, [[Ch芒teau de Guermantes|Guermantes]] and {{ill|Ch芒teau d'Yville{{!}}Yville|fr|Ch芒teau d'Yville}} in the course of 1720.{{R|Buchan|p=423-424}} On {{date|1719-5-10}} Law purchased the western part of the former ''Palais Mazarin'' known as the [[H么tel de Nevers (rue de Richelieu)|H么tel de Nevers]].{{R|Buchan|p=201}} In September 1719, he negotiated with {{ill|Paul Jules de La Porte|de}} to purchase the rest of the Palais Mazarin, and bought six houses bordering rue Vivienne on the western side, then went on to acquire the entire city block including the [[H么tel Tubeuf]].{{R|Buchan|p=235}} In 1720, Law relocated the Indies Company there. In late October of that year, the site also became the official location for the [[Paris stock exchange]], following the closure of the market's previous incarnation at rue Quincampoix on {{date|1720-3-22}} (even though unregulated trading lingered there) and subsequent short-lived venues on [[place Vend么me]] and in the garden of the [[H么tel de Soissons]].{{R|Buchan|p=274, 315, 335}} Law commissioned Venetian painter [[Giovanni Antonio Pellegrini]] to redecorate the first-floor gallery of the H么tel de Nevers for the purpose of hosting the company's shareholders meetings.{{R|Buchan|p=236}} After Law's downfall, the restructured [[French Indies Company]] remained in the H么tel Tubeuf and the stock market in that building's rear garden bordering rue Vivienne, while the H么tel de Nevers was granted in 1725 to the Royal Library which later became the [[Biblioth猫que nationale de France]] (now its ''Site Richelieu''). Some of the acquisitions gave Law the right to use nobility titles, such as Marquess of Toucy.<ref>{{cite web |website=L'Yonne R茅publicaine |url=https://www.lyonne.fr/toucy-89130/actualites/huit-dates-pour-connaitre-john-law-marquis-de-toucy-et-inventeur-du-systeme-bancaire-moderne_13859145/ |date={{date|2020-10-22}} |title=Huit dates pour conna卯tre John Law, marquis de Toucy et inventeur du syst猫me bancaire moderne |author=Olivier Richard}}</ref> Law appears not to have taken advantage of that option, however, except in isolated cases of notarized documents that refer to him as Count of Tancarville.{{R|Buchan|p=170}} He has been occasionally said to have claimed or aimed at the title of "Duke of Arkansas" for his company's endeavors in the Mississippi valley,<ref>{{cite web |website=Encyclopedia of Arkansas |url=https://encyclopediaofarkansas.net/entries/john-laws-concession-5982/ |date={{date|2023-6-16}} |author=Caty Henderson |title=John Law鈥檚 Concession}}</ref><ref>{{cite book |url=https://www.wsj.com/articles/SB963962824825447114 |publisher=Crown Business |date=July 2000 |title=The Rich and How They Got That Way: How the Wealthiest People of All Time--from Genghis Khan to Bill Gates--Made Their Fortunes |author=Cynthia Crossen}}</ref> but this assertion, generally made in the United States, has no documentary basis.<ref name=Buchan>{{cite book |author=James Buchan |title=John Law: A Scottish Adventurer in the Eighteenth Century |location=London |publisher=MacLehose Press |date=2019}}</ref>{{rp|208}} <gallery> File:H么tel Gramont Paris 1.jpg|John Law's rented home from 1714 to 1718 on Place Vend么me, now [[H么tel Ritz Paris]] File:Roissy-en-France - Chateau de Roissy - Facades principales.jpg|Ch芒teau de Roissy, demolished in 1794 File:Guermantes ch芒teau 1.jpg|Ch芒teau de Guermantes File:Ch芒teau du Miton.jpg|Ch芒teau de Toucy File:Tancarville-FR-76-chateau-a8.jpg|Ch芒teau de Tancarville File:Ch芒teau Gonfreville 07 2005.jpg|Ch芒teau d'Orcher File:Chateau dYville North Side.jpg|Ch芒teau d'Yville File:Valencay-chateau-1.jpg|Ch芒teau de Valen莽ay File:Effiat castle Auvergne.jpg|Ch芒teau d'Effiat </gallery>
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