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Creation of the General Bank and Paper Money (paper money)
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Creation of the General Bank and Paper Money (paper money)
XEE4407510 Creation of the General Bank and Paper Money (paper money), 1716: Cardinal Guillaume Dubois (1656-1723) (sitting) concluding an agreement with Scottish banker John Law (1671-1729). Engraving of the 19th century. In " Histoire de France" by Jules Michelet, 1870. by Unknown Artist, (19th century); Private Collection; (add.info.: Creation of the General Bank and Paper Money (paper-money), 1716: Cardinal Guillaume Dubois (1656-1723) (sitting) concluding an agreement with Scottish banker John Law (1671-1729), Engraving of the 19th century, In " Histoire de France" by Jules Michelet, 1870); Stefano Bianchetti; out of copyright
Media ID 23318888
© Stefano Bianchetti / Bridgeman Images
Agreement Bank Banknote Cardinal Finance Collection Lemage
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EDITORS COMMENTS
The captivating print titled "Creation of the General Bank and Paper Money" takes us back to 1716, a significant moment in history when Cardinal Guillaume Dubois and Scottish banker John Law forged an agreement that would shape the financial landscape. In this engraving from the 19th century, we witness Cardinal Dubois sitting at a table, deep in conversation with Law. This image captures the essence of power dynamics and collaboration between two influential figures. Cardinal Dubois, known for his political acumen and influence within the clergy, is seen engaging in discussions that would revolutionize banking practices. On the other hand, John Law's expertise as a Scottish banker adds an international perspective to this historic event. The creation of paper money was a groundbreaking concept during this time period. This engraving serves as a visual representation of how these visionaries laid down the foundations for modern finance systems by establishing banks and introducing paper currency into circulation. As we delve into this historical scene through Jules Michelet's "Histoire de France" we are reminded of how economic advancements can transcend borders and religious orders. The meeting between these two individuals symbolizes not only their personal ambitions but also highlights the interconnectedness between nations such as France, Scotland, and Britain. Overall, this print offers us a glimpse into an important chapter in financial history while showcasing Stefano Bianchetti's artistic talent in capturing intricate details that transport us back to centuries past.
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