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Hayes, Carlton J. H., 1882-1964

"A Political and Social History of Modern Europe V.1."

"
[Sidenote: Misgovernment of France during Minority of Louis XV]
Nor had the immediate future much better things in store for exhausted
France. The successor upon the absolutist throne was Louis XV, great-
grandson of Louis XIV and a boy of five years of age, who did not
undertake to exercise personal power until near the middle of the
eighteenth century. In the meantime the country was governed for about
eight years by the king's uncle, the duke of Orleans, and then for
twenty years by Cardinal Fleury.
[Sidenote: John Law]
Orleans loved pleasure and gave himself to a life of debauchery; he
cared little for the boy-king, whose education and training he
grievously neglected. His foreign policy was weak and vacillating, and
his several efforts to reform abuses in the political and economic
institutions of Louis XIV invariably ended in failure. It was while
experimenting with the disorganized finances that he was duped by a
Scotch adventurer and promoter, a certain John Law (1671-1729).


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