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Arrest Du Conseil D’Estat Du Roy, Concernant le Commerce du Castor, don’t le Privilege est accordé à la Compagnie d’Occident. Du. 11. Juillet 1718. Extrait des Registres du Conseil d’Estat.

Paris: A L’Imprimerie Royale, 1718, quarto, 8 pages, trimmed at top and bottom edge, old armorial hand-stamp and manuscript notation on first page, small stain in blank margin, manuscript attestation or registration at La Rochelle 3 December, 1718, signed “Regnaud.”

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Grants exclusive rights for the Canadian beaver trade to John Law’s Compagnie de l’Occident, better known as the Mississippi Company. This was a key element in the finances of Law’s company.

 In May 1716, the Banque Générale Privée, which developed the use of paper money, was set by convicted murderer and millionaire gambler John Law. It was a private bank, but three quarters of the capital consisted of government bills and government accepted notes. In August 1717, he bought the Mississippi Company to help the French colony in Louisiana. In the same year Law conceived a joint-stock trading company called the Compagnie d’Occident, or literally “Company of the West.” Law was named Chief Director of this new company, which was granted a trade monopoly in August 1717, of the West Indies and North America by the French government. In Canada the company would trade in beaver skins. In Louisiana they would trade in precious metals.  (see item number 33 below for the company’s charter).

Variant of Wroth and Annan, 642, the present example with different imprint. See Maggs, The French Colonisation of America, 111, for their offering of that variant issue (£10 10s). Not in Sabin, not in Lande, not in Staton & Tremaine, not in European Americana, not found in OCLC.