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PARIS-DUVERNEY, Joseph, & François-Michel-Chrétien Deschamps.

Examen du livre intitulé réflexions politiques sur les finances et le commerce.

Published: The Hague: Vaillant & Nicolas Prevôt, 1740

Stock code: 93440

Price: £4,750

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First edition. Pâris-Duverney and Deschamps refute Dutot’s Réflexions politiques sur les finances et le commerce (1738) – a favourable consideration of John Law’s paper currency system. Pâris-Duverney (the third of the four brothers Pâris, whose financial plans had been accepted under the Regency in 1716) had fallen into disgrace with the rise of Law, then risen again with Law’s fall in 1720. In the Examen, he and Deschamps made a clear and tersely-argued refutation of Dutot and Law, warmly praising the Visa, and providing a detailed history of the Mississippi scheme and its collapse. “The different operations of this scheme are explained so fully, so clearly, and with so much order and distinctness, by Mr. Du Verney in his Examination of the Political Reflections upon Commerce and Finances of Mr. Du Tot, that I shall not give any account of them” (Adam Smith, Wealth of Nations, 1776, I, 385).

2 volumes, octavo (157 91 mm). Contemporary sprinkled calf, brown morocco labels, spines lettered in gilt and gilt-tooled in compartments, red edges, marbled endpapers, armorial bookplates. Hinges lightly rubbed, otherwise an excellent, fresh, set.

Bibliography: Kress 4519; Goldsmiths' 7784; Einaudi 1538; INED 1359; Mizuta, Adam Smith's Library: A Catalogue, 1244.

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