Nicholas de Fer, Les costes aux environs de la Riviere de Misisipi. Crozat gained a monopoly over all foreign and domestic trade, the right to appoint all local officials, permission to work all mines, title to all unoccupied lands, control over agricultural production and manufacture, and sole authority over the African slave trade.
Whenever possible they traded blankets and utensils for corn and game with the surrounding Native American tribes.
Already a vast empire, the French government and its highly centralized bureaucracy disfavored policies that would have nurtured the economic independence of its colonies. Although few settlers escaped the hardships, by far the sturdiest members were those who had accompanied Iberville from Canada. In an effort to instill vitality into Louisiana, King Louis XIV granted a proprietary charter on September 14, 1712, to the merchant and nobleman, Antoine Crozat.
Further, the French treasury, depleted by wars in Europe, was unable to finance adequately the Department of the Marine, which oversaw colonial operations. Louis XIV, King of France, Lettres Patentes du Roy, Qui permettent au Sieur Crozat Secretaire du Roy, de faire feul le Commerce dans toutes les Terres possedées par le Roy, & bornées par le nouveau Mexique & autres, 1712. The royal charter afforded Crozat exclusive control over all trading and commercial privileges within the colony for a 15-year period.
Promotional literature, much of it including maps of Louisiana, added to Law's inflated reputation as a financier par excellence and roused interest in his plans for developing and settling New France.
A singular example of such propaganda was the map produced in 1718 by the noted French cartographer Guillaume Delisle.From its inception Louisiana faced an inauspicious existence. Disease, particularly yellow fever, diminished the community.Its fate was bound to the French economy during the last years of the reign of Louis XIV. Floods, storms, humidity, mosquitoes, and poisonous snakes added to the misery. Force Papers, Peter Force Collection, Series 8D, no. Having maintained direct control over its Mississippi colony for 13 unprofitable years, the French court held less than sanguine prospects for its future development.Investors mortgaged estates in an effort to purchase 100-par shares of John Law's stocks, which at one point were valued at 00 apiece.Only those few who had managed to turn their stock into solid value were saved from ruin. F4 Vault : Low 251 Although all French colonies were subject to the same desperate circumstances, the Mississippi colony, as the newest in the French imperial system, fared the worst.In return he was obligated to send two ships of supplies and settlers annually and to govern the colony in accordance with French laws and customs. Since the earliest settlers were never furnished with adequate food supplies, they frequently resorted to scavenging for crabs, crayfish, and seeds of wild grasses. Few farms developed along the banks of the Mississippi or along the sandy coast.As California Governor Jerry Brown puts it, “Sometimes businessmen almost operate as though they’d feel more comfortable in a Marxist state where they could just deal with a few commissars who would tell them what the production goals were, what quota they had… I am really concerned that many businessmen are growing weary of the rigors of the free market.” columnist William Safire agrees with this sobering analysis: “The secret desire of so many top-level managers for controls and regulated monopoly is never openly stated… But today’s managerial trend is not toward accepting risk.It is toward getting government help to avoid risk.”Even Henry Ford II has pointed out that “it’s not just liberal do-gooders, Democrats, unions, consumerists and environmentalists who are responsible for the growth of government.