M. Asbury,
It appears as if the Government has returned to sound management, and that events are moving ahead in a manner much needed once more. Confidence seems to slowly be growing, and as I remain too pre-occupied still, with the matters of the Assembly, and ensuring that the Constitution comes to pass, I need you, as you so often do, to act on my behalf as my agent here in Paris.
The former banks which were taken over by the Bank of France, are to be sold once again, to private interests and the general public. As we both know, banking and the money which was earned off it proved a way for high society to cash in on many new forms of wealth during my Uncle’s monarchy. I have little doubt that this shall remain true, if not all the more so in the decades to come. As you have so often advised me following the sale of our rail shares in 1848, and the diminishing returns of our investment in metallurgy near the border, it is time to once again attempt to diversify our assets. The bank shares, now being sold to the general public, I believe shall provide us with an excellent opportunity.
As such I want you to get a hold of my lawyers, as well as the financial advisers who has so, in previous time, given us such sound advice and aid in negotiations. I want to ensure that they focus on our matter solely, so that they review the assets of the banks, their prospective worth and what a fair price for such generous ownership as the Treasury shall no doubt provide. As you also have connections to other economic men of wisdom, then if seek them out as well. I am willing to pay more than generous for their troubles, and an extra fee for their time should they be otherwise occupied with other matters, so that we shall be best prepared for this coming eventuality.
I want them to be with us, doing whatever negotiations may come, so that they may advise us. For this purpose, I expect from them an early plan mid next week, so that we may begin preparations. I shall speak to them, and to you jointly at Lassay. I look forward to our joint meetings.
Philippe Henri de la Marche
It appears as if the Government has returned to sound management, and that events are moving ahead in a manner much needed once more. Confidence seems to slowly be growing, and as I remain too pre-occupied still, with the matters of the Assembly, and ensuring that the Constitution comes to pass, I need you, as you so often do, to act on my behalf as my agent here in Paris.
The former banks which were taken over by the Bank of France, are to be sold once again, to private interests and the general public. As we both know, banking and the money which was earned off it proved a way for high society to cash in on many new forms of wealth during my Uncle’s monarchy. I have little doubt that this shall remain true, if not all the more so in the decades to come. As you have so often advised me following the sale of our rail shares in 1848, and the diminishing returns of our investment in metallurgy near the border, it is time to once again attempt to diversify our assets. The bank shares, now being sold to the general public, I believe shall provide us with an excellent opportunity.
As such I want you to get a hold of my lawyers, as well as the financial advisers who has so, in previous time, given us such sound advice and aid in negotiations. I want to ensure that they focus on our matter solely, so that they review the assets of the banks, their prospective worth and what a fair price for such generous ownership as the Treasury shall no doubt provide. As you also have connections to other economic men of wisdom, then if seek them out as well. I am willing to pay more than generous for their troubles, and an extra fee for their time should they be otherwise occupied with other matters, so that we shall be best prepared for this coming eventuality.
I want them to be with us, doing whatever negotiations may come, so that they may advise us. For this purpose, I expect from them an early plan mid next week, so that we may begin preparations. I shall speak to them, and to you jointly at Lassay. I look forward to our joint meetings.
Philippe Henri de la Marche