Banque Royale and the Mississippi Bubble, France (1716–1720)

1. France’s fiscal crisis after Louis XIV’s death

   Sep 1, 1715Labels: Philippe d, France, Fiscal crisis

   • Britannica
   • BofF wiki

2. John Law receives charter for Banque Générale

   May 1, 1716Labels: John Law, Banque G, Paper money

   • BofF wiki
   • Law s Bank
   • BnF Gallica

3. Company of the West gains Louisiana trade monopoly

   Sep 6, 1717Labels: Company of, Mississippi Company, Colonial trade

   • PRC NO
   • BnF Gallica
   • LOC Guide

4. Company plans new settlement later called New Orleans

   Sep 9, 1717Labels: New Orleans, Company of, Colonial settlement

   • PRC NO
   • Law s Co

5. New Orleans founded as part of colonial push

   Jan 1, 1718Labels: New Orleans, Bienville, French Louisiana

   • PRC NO
   • Law s Co

6. Banque Générale nationalized and becomes Banque Royale

   Dec 1, 1718Labels: Banque Royale, State nationalization, Royal backing

   • Law s Bank
   • BofF wiki

7. Company expands into a merged Compagnie des Indes

   May 1, 1719Labels: Compagnie des, Merged companies, Overseas commerce

   • Law s Co
   • BnF Gallica
   • LOC Guide

8. Speculation intensifies as shares and notes multiply

   Dec 1, 1719Labels: Speculation, Shares, Banknotes

   • ANS Library
   • Law wiki

9. Law appointed Controller-General of Finances

   Jan 5, 1720Labels: John Law, Controller-General, Regent

   • Christie s
   • ANS Library
   • Law wiki

10. Company and bank formally merged under Law’s system

    Feb 1, 1720Labels: Banque Royale, Compagnie des, Merger

    • Law s Bank
    • Law s Co
    • ANS Library

11. Arrêt of 21 May 1720 triggers loss of confidence

    May 21, 1720Labels: Arr t, Policy decree, Confidence loss

    • Oxford Academic
    • Law wiki
    • ANS Library

12. Street panic and deadly crush in Paris

    Jul 17, 1720Labels: Paris panic, Public disorder, Mississippi crisis

    • Le Monde

13. Banque Royale closed as the system collapses

    Nov 27, 1720Labels: Banque Royale, Closure, State policy

    • BofF wiki
    • ANS Library

14. Law leaves France as his system is dismantled

    Dec 1, 1720Labels: John Law, Exile, System dismantling

    • LOC Item
    • ANS Library