Page:Memoirs of Extraordinary Popular Delusions and the Madness of Crowds Vol 1.djvu/148

132 that of the Italian was burned to ashes, and then scattered to the winds.

This remarkable pretender to the secret of the philosopher's stone was contemporary with the last mentioned. He was a great personage at the court of Charles VII., and in the events of his reign played a prominent part. From a very humble origin he rose to the highest honours of the state, and amassed enormous wealth by peculation and plunder of the country which he should have served. It was to hide his delinquencies in this respect, and to divert attention from the real source of his riches, that he boasted of having discovered the art of transmuting the inferior metals into gold and silver.

His father was a goldsmith in the city of Bourges; but so reduced in circumstances towards the latter years of his life, that he was unable to pay the necessary fees to procure his son's admission into the guild. Young Jacques became, however, a workman in the Royal Mint of Bourges, in 1428, and behaved himself so well, and shewed so much knowledge of metallurgy, that he attained rapid promotion in that establishment. He had also the good fortune to make the acquaintance of the fair Agnes Sorel, by whom he was patronised and much esteemed. Jacques had now three things in his favour—ability, perseverance, and the countenance of the king's mistress. Many a man succeeds with but one of these to help him forward; and it would have been strange indeed if Jacques Coeur, who had them all, should have languished in obscurity. While still a young man, he was made master of the mint, in which he had been a journeyman, and installed at the same time into the vacant office of grand treasurer of the royal household.

He possessed an extensive knowledge of finance, and turned it wonderfully to his own advantage, as soon as he became entrusted with extensive funds. He speculated in articles of the first necessity, and made himself popular by buying up grain, honey, wines, and other produce, till there was a scarcity, when he sold it again at enormous profit. Strong in the royal favour, he did not hesitate to oppress the poor by continual acts of forestalling and monopoly. As there is no enemy so bitter as the estranged friend, so of all the tyrants and tramplers upon the poor, there is none so fierce and reckless as the upstart that sprang from their ranks. The offensive pride of Jacques Cœur to his inferiors was the theme of indignant reproach