﻿26 
  HISTORICAL 
  OUTLINE. 
  

  

  wholly 
  allay 
  ; 
  his 
  popularity 
  with 
  the 
  colonists, 
  and 
  the 
  

   jealousy 
  of 
  his 
  partisans 
  towards 
  the 
  new 
  chief, 
  occa- 
  

   sioned 
  a 
  schism 
  in 
  the 
  colony 
  very 
  unfavorable 
  to 
  its 
  

   progress. 
  

  

  Failing 
  to 
  establish 
  a 
  commerce 
  with 
  the 
  Spaniards 
  in 
  

   Mexico, 
  and 
  disappointed 
  in 
  all 
  his 
  expectations, 
  Crozat, 
  

   in 
  August, 
  1717, 
  surrendered 
  his 
  grant 
  to 
  the 
  king. 
  

  

  During 
  his 
  administration, 
  a 
  period 
  of 
  about 
  five 
  

   years, 
  neither 
  the 
  commerce 
  nor 
  agriculture 
  of 
  the 
  

   country 
  was 
  increased, 
  and 
  the 
  whole 
  population 
  of 
  

   every 
  description, 
  including 
  the 
  troops, 
  did 
  not 
  exceed 
  

   seven 
  hundred 
  persons. 
  

  

  Marbois, 
  however, 
  attributes 
  to 
  him 
  more 
  statesman- 
  

   ship 
  than 
  was 
  possessed 
  by 
  the 
  ministers, 
  and 
  adds 
  that 
  

   his 
  plans 
  were 
  wisely 
  conceived, 
  and 
  as 
  far 
  as 
  depended 
  

   upon 
  him 
  he 
  sent 
  to 
  the 
  colony 
  only 
  robust 
  and 
  indus- 
  

   trious 
  people, 
  and 
  families 
  recommended 
  by 
  their 
  morals, 
  

   who 
  were 
  the 
  only 
  settlers 
  that 
  succeeded. 
  

  

  In 
  September, 
  1717, 
  a 
  charter 
  was 
  granted 
  to 
  a 
  new 
  

   corporation, 
  styled 
  the 
  "Western 
  Company," 
  which 
  

   originated 
  with 
  the 
  celebrated 
  Scotch 
  adventurer 
  and 
  

   financier 
  Law, 
  a 
  protege 
  of 
  the 
  Regent 
  Duke 
  of 
  Orleans. 
  

   It 
  was 
  also 
  known 
  as 
  the 
  "Mississippi 
  Scheme." 
  

  

  The 
  lands, 
  coasts, 
  harbors, 
  and 
  islands 
  of 
  the 
  colony 
  

   were 
  granted 
  to 
  this 
  company 
  for 
  a 
  term 
  of 
  twenty-five 
  

   years 
  from 
  the 
  1st 
  of 
  January, 
  1718, 
  with 
  the 
  exclusive 
  

   commerce, 
  in 
  which 
  all 
  other 
  French 
  subjects 
  were 
  pro- 
  

   hibited 
  from 
  engaging. 
  

  

  The 
  company 
  was 
  authorized 
  to 
  nominate 
  the 
  go- 
  

   vernor 
  and 
  other 
  officers, 
  to 
  grant 
  lands, 
  to 
  levy 
  troops, 
  

   make 
  treaties, 
  and 
  wage 
  war 
  with 
  the 
  Indians, 
  and 
  

   generally 
  to 
  exercise 
  the 
  most 
  unlimited 
  and 
  extraor- 
  

   dinary 
  powers. 
  

  

  On 
  its 
  part, 
  the 
  company 
  engaged 
  to 
  introduce, 
  during 
  

  

  