Paris. 1725. 12pp. Quarto. Unbound folded sheets. Minor foxing. Light soiling along spine edge. Contemporary inscription. Very good. Item #WRCAM40677
A French royal decree releasing the Compagnie from some of its debts, an important step in its reorganization. In 1721 the Compagnie had declared bankruptcy and was reorganized, after the Mississippi Bubble burst. "This decree discharges the Compagnie des Indes of a large number of financial burdens which had been weighing on it for a number of years" - Maggs. Wroth locates only one copy, at NYPL; OCLC identifies three more copies. Scarce. From the library of Cardinal Etienne Charles de Lomenie de Brienne (1727-94), Minister of Louis XVI, Archbishop of Toulouse and of Sens. A friend of Voltaire and a member of the Académie Française, Brienne wielded significant power as head of the Finance Ministry, which earned him many enemies. He died in prison during the French Revolution, despite having renounced Catholicism in 1793 (presumably as an attempt to save his life). MAGGS, FRENCH COLONISATION OF AMERICA 311 (this copy). WROTH, ACTS OF FRENCH ROYAL ADMINISTRATION 1101. OCLC 62370774.