Latest / Who Did What Now With Katie Charlwood / Bittisode 015: Sex Worker Brides and the Creation of the Millionaire
Transcript
- 0:00Speaker 1: You're listening to you an airwave media podcast. Hi everybody,
- 0:18Speaker 1: and welcome to Hooded. What now the history podcast? That's
- 0:21Speaker 1: not your history class, pitty, So it's the little bits
- 0:24Speaker 1: of history they don't quite fit in it anywhere else
- 0:26Speaker 1: with me your host, Kerry Charlwood, History Harlott and reader
- 0:30Speaker 1: of books. Well, it's been an interesting couple of days.
- 0:33Speaker 1: Ireland got knocked out of the Eurovision but that's because
- 0:36Speaker 1: the song wasn't really anything like. It wasn't great. It
- 0:41Speaker 1: was fine, like, it was a fine song, but it
- 0:45Speaker 1: wasn't anything exciting. So the way I see it is,
- 0:48Speaker 1: if you're going to do Eurovision right, what you need
- 0:50Speaker 1: to do is get lalde. You have to go for it.
- 0:55Speaker 1: You want to do a ballad, make it up proper
- 0:57Speaker 1: ballad and make it really sad, really lean into it,
- 1:00Speaker 1: or make it really empowering. But if you're gonna go
- 1:04Speaker 1: like poppy or rocky like, you have to go phill pop,
- 1:07Speaker 1: full rock, and it should be fun. I love it
- 1:12Speaker 1: when there's something like silly and fun or exciting and
- 1:17Speaker 1: weird and wacky what my mum calls me. She's like,
- 1:21Speaker 1: you're kind of love this. It's Portugal and I'm like,
- 1:24Speaker 1: is she weird? Which is my automatic response. And I
- 1:28Speaker 1: turn around and she's wearing an entire skirt me out
- 1:32Speaker 1: of feathers, red feathers, and I'm like, I could make
- 1:37Speaker 1: that outfit. I could wear that outfit because that's who
- 1:41Speaker 1: I am as a person. I watch your vision and
- 1:43Speaker 1: go I could get away with that outfit because of
- 1:45Speaker 1: who I am as a person. That's just me. Though
- 1:50Speaker 1: I'm a Eurovision fan, I didn't like it for years
- 1:52Speaker 1: because it got really serious. I don't need your vision
- 1:55Speaker 1: to be serious. I need your vision to be a bubble.
- 2:00Speaker 1: You know, it should be you know, a good time,
- 2:04Speaker 1: because if it's not, what the hell are you doing?
- 2:08Speaker 1: But I don't know what you're thinking, you're thinking quite
- 2:10Speaker 1: your chipper chaper in fact me, in fact you, I will.
- 2:13Speaker 1: But first a disclaimer. I have a habit of speaking
- 2:19Speaker 1: well on this the way that I speak normally, So
- 2:22Speaker 1: there will be swear words, expletives, cursing, and if that
- 2:27Speaker 1: isn't your jam, I suggest you go somewhere else for
- 2:31Speaker 1: your history lesson, because I'm going to talk the way
- 2:34Speaker 1: I talk. I swear like a sailor. And if you
- 2:37Speaker 1: find that offensive or rude, or unpleasant, then you might
- 2:42Speaker 1: want to get the fuck out. That being said, let
- 2:45Speaker 1: me tell you about sex workers, the American colonies, and
- 2:51Speaker 1: the rise of the millionaire. See it all starts in
- 2:55Speaker 1: pre revolutionary France, all the way back to the seventeen
- 2:59Speaker 1: high hundreds. King Louis the fourteenth, he's dead, we shame
- 3:05Speaker 1: rest his soul and whatnot. Sorrows, sorrows, prayers. So he's
- 3:11Speaker 1: you know, in the dirt. And the next king, the
- 3:18Speaker 1: other Louis, so many Louis just one after the other,
- 3:21Speaker 1: consistently in a role. So yeah, Louis the fifteenth, he
- 3:28Speaker 1: is too young to rule. So the Duke of Orleans,
- 3:31Speaker 1: his uncle Philippe, he is ruling in his stead. So
- 3:36Speaker 1: he's the acting region, right, and he has a money
- 3:42Speaker 1: man because Louis the fourteenth, you know, very popular man,
- 3:47Speaker 1: popular leader, however, was absolutely shit stupid with money consistently
- 3:56Speaker 1: wedgein war was just oh man. And the country, France,
- 4:04Speaker 1: it is in debt, it's in bucket loads of debt.
- 4:07Speaker 1: It's up to its eyeballs. You know. The economy is
- 4:10Speaker 1: completely stagnant at this point because they don't have really
- 4:15Speaker 1: anything going on, and they don't even have a reserve.
- 4:19Speaker 1: So like you know, you hear about gold reserve and
- 4:20Speaker 1: stuff like that. It's like precious metals gold, silver and
- 4:23Speaker 1: the like. Normally this would be used as sort of
- 4:27Speaker 1: a backup for the currency. You know what the currency
- 4:30Speaker 1: would be gold, silver and whatnot. Ducats ah, not so
- 4:37Speaker 1: not so things weren't going well. So John Law is
- 4:41Speaker 1: the Scottish economist. I know, right, Oh you're gonna tell
- 4:44Speaker 1: me a story about a Scottish economist. This sounds very interesting, Katie.
- 4:47Speaker 1: I think this is who really exciting me with this.
- 4:52Speaker 1: Bear with me, okay, trust the process. John Law here
- 4:58Speaker 1: arrives in France. Months later, King Loway the fourteenth croaks
- 5:02Speaker 1: it right leaves the country and a you know, just
- 5:06Speaker 1: a shit storm. It's up quake with a paddle, you
- 5:09Speaker 1: know what I mean. And so the Duke of Orleans
- 5:11Speaker 1: he's rolling and he needs to get money and they
- 5:15Speaker 1: need to make it fast and lucky for them. John
- 5:18Speaker 1: Law pretty good with numbers, pretty good money. Also a
- 5:22Speaker 1: bit of a gambler, likes to take a risk literally
- 5:25Speaker 1: and figuratively, so he would not be allowed in the
- 5:29Speaker 1: casino today because he counts cards. He's a mathematician, he's
- 5:33Speaker 1: like I said, really fucking good with numbers. So he
- 5:38Speaker 1: uses his math mind and his economous mind and is
- 5:43Speaker 1: a sneaky little bastard and he comes up with an
- 5:46Speaker 1: idea and so again he is the money man. So
- 5:51Speaker 1: he is the moneyman for the Duke of Orleans, and
- 5:54Speaker 1: he gets put in charge of the Bank General Prevy,
- 5:59Speaker 1: the private General Bank I say it, gets put in
- 6:02Speaker 1: charge of. Really he's kind of the only man for
- 6:03Speaker 1: the job because he comes up with the idea of
- 6:06Speaker 1: this private General Bank. Now, the purpose of this bank
- 6:10Speaker 1: is to create paper money, because remember pre this, they're
- 6:15Speaker 1: all dealing with coins and jewels and other such luxuries.
- 6:21Speaker 1: And so the Bank General is created so that they
- 6:24Speaker 1: can produce money. And it's one of like six banks
- 6:30Speaker 1: that actually has paper money. I think there's was England, Venice, Genoa,
- 6:36Speaker 1: and I think one in Sweden maybe is that Sex.
- 6:40Speaker 1: I don't know. Well, it's one of six. Enemy there's Holland, yeah,
- 6:44Speaker 1: because it's in Holland, and yes, I mean the region
- 6:47Speaker 1: of Holland and not the country of the Netherlands, Holland, Friesland.
- 6:50Speaker 1: It's a cica. But yeah, so they've done that. So
- 6:53Speaker 1: this is created to fight the national debts. So the
- 6:57Speaker 1: paper is credit. So people would invest in the bank
- 7:01Speaker 1: and some of the money would go into like making
- 7:05Speaker 1: paper money, and some of it would go into like
- 7:07Speaker 1: these government bonds which were kind of useless. But anyway,
- 7:12Speaker 1: people purchase stock, the stock investor and other things. Blah
- 7:15Speaker 1: blah blah blah blah. Boring business stuff. Now, and this
- 7:18Speaker 1: leads to him basically chasing these monopoly companies, right, and
- 7:23Speaker 1: so these are companies that rule the entirety of all
- 7:28Speaker 1: of these areas. So France bank rolls these monopoly companies
- 7:37Speaker 1: and you know, it offers them stock. Again, boring business stuff. Now, Philippe,
- 7:45Speaker 1: the Duke of Orleans, he ends up putting law as
- 7:49Speaker 1: they did in charge. Do you know the money man,
- 7:52Speaker 1: the money man, the money man, yes, the Controller General. Yeah,
- 7:58Speaker 1: So he's the Controller General of finances, and he has
- 8:02Speaker 1: so much power in control. So he's in charge of
- 8:07Speaker 1: just how do I put this, every fucking thing, every
- 8:12Speaker 1: bloody thing. He's in charge of it money coming in,
- 8:15Speaker 1: money going out, internal revenue, external revenue, giving him control
- 8:21Speaker 1: over money law, money law, laws about money, income, expenditure.
- 8:27Speaker 1: And this leads to like a bunch of reforms. So
- 8:30Speaker 1: he creates the Mississippi Company, which changes you know and
- 8:34Speaker 1: name later on. The Mississippi Company is actually a consolidation.
- 8:39Speaker 1: It's all of the sort of trading companies in Louisiana.
- 8:45Speaker 1: They're all smashed together to come under one monopoly, right,
- 8:50Speaker 1: So it's just one company in charge of all that.
- 8:53Speaker 1: So he's over in Louisiana. Well he's not, but the
- 8:56Speaker 1: company is. And he's at Hobnobourne with the rich and
- 8:59Speaker 1: the fans, say, you know, all of the will to
- 9:02Speaker 1: dos in French society, and he starts convincing them that
- 9:05Speaker 1: Louisiana is gonna make them so much money. They're going
- 9:09Speaker 1: to be drowning in money. They're going to be so rich,
- 9:13Speaker 1: and they buy it. Literally, So everybody, everybody is desperate
- 9:22Speaker 1: to get their claws into the Mississippi Company. They all
- 9:25Speaker 1: want a piece of this Mississippi Pie. I regret nothing.
- 9:30Speaker 1: Oh my god, the Missippy mud Pie. Oh yeah sounds good,
- 9:34Speaker 1: doesn't it. Anyway, So people are investing it, and the
- 9:39Speaker 1: share prices they are going through the roof, and so
- 9:42Speaker 1: he has people like just printing off money. They're just
- 9:45Speaker 1: printing and printing and printing, and so there's more paper
- 9:49Speaker 1: money than there is like gold and silver all of
- 9:52Speaker 1: the Larjon and the shares, well, they're so popular that
- 9:57Speaker 1: they are selling out and so like they're all buying
- 10:00Speaker 1: shares from each other. They're trying to get their hands
- 10:02Speaker 1: on it, and they're doing it with paper money. So
- 10:05Speaker 1: the more money they spend, the more money gets printed.
- 10:08Speaker 1: You see. It's just like an a robberus. Just so
- 10:12Speaker 1: this leads us to the rue Gaines and Pois. I
- 10:16Speaker 1: have probably mispronounced it, but I did my best. So
- 10:21Speaker 1: it's the student in Marae and it's a way street,
- 10:25Speaker 1: it's Teneme Street, and shares are being traded outside of
- 10:29Speaker 1: the Mississippi the Mississippi Company's offices. And this is an
- 10:34Speaker 1: ancient street. Money lenders have been here, you know, for centuries,
- 10:39Speaker 1: and it is absolute chaos. It is pandemonia, right. So
- 10:46Speaker 1: you've got traders out in the street all hours of
- 10:50Speaker 1: the night and day, and some people actually get jobs
- 10:55Speaker 1: as writing desks, so they would stand outside and they
- 10:58Speaker 1: would use the backs. People lean on their backs to
- 11:01Speaker 1: like sign things and sell things like that is I mean,
- 11:06Speaker 1: that's that's extreme, right, So it becomes just wild. But
- 11:16Speaker 1: that's again part of this story. So like they end
- 11:21Speaker 1: up building these gates like either side so that people
- 11:26Speaker 1: could watch, just like people trade stocks effectively, like there
- 11:31Speaker 1: was entertainment. I mean, yeah, it's it's wild. So back
- 11:38Speaker 1: to Louisiana. They think Louisiana is gonna be making this money.
- 11:46Speaker 1: But there's not that many French people in Louisiana. So
- 11:51Speaker 1: like the French colony, it is also wee it's tiny.
- 11:55Speaker 1: There's just like seven hundred European colonists there, and it's
- 12:03Speaker 1: an it's it's a bog it's swamp like, it's not developed.
- 12:07Speaker 1: They've got nothing there and there's it's it's not the
- 12:13Speaker 1: most fruitful of endeavors. But John Law he is desperate
- 12:19Speaker 1: to get more people there. He's you know, he's trying
- 12:21Speaker 1: to get you know, more money, you know, for France,
- 12:25Speaker 1: and so he tries to you know sell it as
- 12:29Speaker 1: like you know, there's gold as far as the eye
- 12:32Speaker 1: can see. It is a bountiful land. I mean, it
- 12:35Speaker 1: is pretty bountiful if you know what you're looking for.
- 12:37Speaker 1: But he's just trying to sell people to go there.
- 12:40Speaker 1: But it's it's not everybody's you know, cup of tea
- 12:44Speaker 1: though not heading out there. It's not really working for him.
- 12:48Speaker 1: So he needs to get people in this colony, and
- 12:51Speaker 1: so he turns to prisons. He he goes for what
- 13:00Speaker 1: is effectively like the black sheep of society. So he
- 13:04Speaker 1: goes to He looks for criminals, he looks for sex workers,
- 13:11Speaker 1: he looks for well, anybody and everybody, people that he
- 13:18Speaker 1: can force to go there. So at one point he's
- 13:21Speaker 1: actually raiding or he's getting people to read for him.
- 13:24Speaker 1: He's not doing himself, he's not doing the dirty work.
- 13:27Speaker 1: He has hospitals raided because he's looking for you know,
- 13:32Speaker 1: the abject poor. He's looking for and I quote drunks
- 13:38Speaker 1: and disorderly soldiers. And of course he heads to the jails.
- 13:46Speaker 1: So he goes to the prisons and he makes you know,
- 13:53Speaker 1: the people locked up in dungeons. I mean it's not
- 13:56Speaker 1: quite a dungeon, but like it's not exactly pleasant, is it.
- 14:00Speaker 1: So he goes in and he makes him an offer
- 14:02Speaker 1: that they really don't have a chance to, you know, refuse.
- 14:08Speaker 1: So he goes to the criminals and he goes, hey,
- 14:12Speaker 1: do you want to stay in jail or do you
- 14:16Speaker 1: want to marry a prostitute and sail to Louisiana and
- 14:22Speaker 1: so like for a lot of people, they're like, Okay,
- 14:24Speaker 1: so I get married and I have freedom, and I
- 14:27Speaker 1: get to escape horrifically per France, where I have very
- 14:33Speaker 1: little options or opportunities, And so they say, yeah, absolutely,
- 14:37Speaker 1: let's do this. See this works for him as well,
- 14:41Speaker 1: because he's also seen as cleaning up France. You know.
- 14:47Speaker 1: But it's not exactly a honeymoon for those who decide
- 14:50Speaker 1: to go, because they don't just get sent on a ship.
- 14:54Speaker 1: They don't have luxuries of any kind, unlike you know
- 14:58Speaker 1: the previous settlers, say settlers, colonizers. When they head off,
- 15:03Speaker 1: they have you know, they have money, they have backing,
- 15:06Speaker 1: they have options. And these the man and wife, they
- 15:15Speaker 1: are quite literally shackled together. So they are chained together,
- 15:22Speaker 1: taken from the jail and then forced to board a ship.
- 15:28Speaker 1: And it's not exactly a comfortable journey. They're cramped in
- 15:35Speaker 1: and after being stuck on a cramped, dirty, you know,
- 15:41Speaker 1: disease ridden ship for several weeks and they finally land
- 15:45Speaker 1: in you know, America. Well, this is going to shock you.
- 15:52Speaker 1: But they were less than welcomed to see the people
- 15:55Speaker 1: who were already in the colonies. They were seen as
- 15:58Speaker 1: at least a little bit respective. Well, you know, they
- 16:00Speaker 1: weren't exactly you know, the dregs of society. And so
- 16:05Speaker 1: they say, these people come and they're like, fuck this
- 16:09Speaker 1: for a game of soldiers, and they start moving. So
- 16:13Speaker 1: they leave and they start heading to New Orleans because
- 16:18Speaker 1: they absolutely want to get the hell at a dodge.
- 16:20Speaker 1: They want to get away from, you know, these people
- 16:23Speaker 1: that they see as undesirables, like they are just not
- 16:28Speaker 1: in it, not happy. Uh uh. So first the you know,
- 16:32Speaker 1: the respectables, they bugger off right because you know, they
- 16:36Speaker 1: feel like their camp's been invaded. And then the criminals,
- 16:42Speaker 1: you know, the ex soldiers, the sex workers, they are
- 16:48Speaker 1: all just you know, left of their own devices. Things
- 16:53Speaker 1: are going well and they are hungry, and so they
- 16:56Speaker 1: end up deciding this ain't worth it and they leave too.
- 17:00Speaker 1: So they end up moving to the more populated areas, right,
- 17:04Speaker 1: And this is when Native Americans actually start reclaiming the territory.
- 17:09Speaker 1: It also helps that they're actually used to it and
- 17:11Speaker 1: they know the land almost as if they've been there
- 17:13Speaker 1: their entire fucking lives. Or kell Saprieze and John Law,
- 17:19Speaker 1: he is desperately trying to prove that you know this
- 17:22Speaker 1: whole Louisiana situation, the Mississippi bubble, right, that it's profitable,
- 17:26Speaker 1: that things are going well, and it's like they are
- 17:29Speaker 1: forging paperwork and they're just like printing off more paper
- 17:33Speaker 1: notes to like investors, and they're printing off so much
- 17:36Speaker 1: money that some people are earning what they believe to
- 17:40Speaker 1: be millions of francs in paper money, you know, which
- 17:45Speaker 1: leads to millionnaire, the creation of the millionaire. Now, unfortunately,
- 17:52Speaker 1: this bubble is about to bust because word gets back
- 17:56Speaker 1: right that things are not going as well in Louisiana
- 18:00Speaker 1: and as they have been you know, previously informed. And luckily,
- 18:04Speaker 1: like there's a one prince actually heard before everyone else
- 18:08Speaker 1: and managed to like cash in and takes the majority
- 18:12Speaker 1: of the gold out of the bank before he saunters off. However,
- 18:18Speaker 1: people are pissed, right, so there isn't enough gold and
- 18:26Speaker 1: silver to back up all these notes because there's only
- 18:29Speaker 1: like like a fifth of it really to cover it
- 18:34Speaker 1: before through. A fifth is not a great amount, and
- 18:40Speaker 1: it doesn't help what this prince is buggered off with
- 18:41Speaker 1: three wagons of gold, like, and so word is out.
- 18:45Speaker 1: People are panicking, and so they are desperate to try
- 18:49Speaker 1: and like switch the notes back to gold, and so
- 18:53Speaker 1: these royal edicts are being pushed out that you know,
- 18:56Speaker 1: you know, they're trying to be like gold isn't worth things.
- 18:58Speaker 1: There's no about buying gold. It's devalued. And then you know,
- 19:03Speaker 1: they make printing money illegal and selling gold is always
- 19:08Speaker 1: well legal, so they can't they can't switch and swap
- 19:10Speaker 1: it like it's not happening. The bank then inevitably collapses
- 19:16Speaker 1: and was it the paper money? It's what like half
- 19:20Speaker 1: the value it says on it. It's just completely cut
- 19:23Speaker 1: down the middle and it it just it's pure unadulterated chaos.
- 19:29Speaker 1: It's absolute madness, right, and like at one point you
- 19:36Speaker 1: know that you know, it flips around and it makes
- 19:39Speaker 1: gold legally gain and this causes an actual stampede. So
- 19:46Speaker 1: people are, you know, they're desperate and they are you know,
- 19:50Speaker 1: trying to like exchange you know, all this paper for gold,
- 19:54Speaker 1: and seventeen people get crushed to death in a stampede
- 19:59Speaker 1: and like a few minutes and this leads to more
- 20:03Speaker 1: anger and hmm, needless to say, this is still fresh
- 20:11Speaker 1: in many minds and we all know what's coming for
- 20:14Speaker 1: France after this so John Law naturally gets you know,
- 20:19Speaker 1: the brunt of the blame for this, mainly because he
- 20:22Speaker 1: was the main man behind it, so we're not really surprised.
- 20:27Speaker 1: So there's this massive financial panic in France. People are
- 20:31Speaker 1: freaking out, they're beying for blood, and he has to
- 20:35Speaker 1: literally flee, so he escapes Paris, but he has to
- 20:38Speaker 1: do so disguised as a woman. You know, what's really
- 20:43Speaker 1: funny is like he saved his life by being in
- 20:46Speaker 1: drag and also funny because last week's bidisode also involved
- 20:53Speaker 1: dressing up in disguises. I didn't even make that connection
- 20:56Speaker 1: until right now. So yeah, he just goes, he's out,
- 21:01Speaker 1: and he never goes back to France again, you know,
- 21:04Speaker 1: probably because he likes, you know, being alive. So he
- 21:08Speaker 1: ends up having to go away from the place of
- 21:11Speaker 1: indome and his you know, twenty one other castles, twenty
- 21:17Speaker 1: one shuttle shuttle, imagine having van shuttle. Oh say, Clodie Blue.
- 21:26Speaker 1: But here he was clearly doing well because he had
- 21:29Speaker 1: twenty one fucking castles. Twenty one castles. I just want one,
- 21:33Speaker 1: oh bloody lovely castle. But anyway, he ends up buggering
- 21:38Speaker 1: off to Italy, where he gambles the rest of his
- 21:40Speaker 1: life before dying of pneumonia. But yes, that is the
- 21:45Speaker 1: story of sex worker brides, the rise of the millionaire
- 21:51Speaker 1: and you know, just chaos in France, just chaos. If
- 21:57Speaker 1: you liked this retelling, feel free to rate and review
- 22:01Speaker 1: five stars on Apple Podcasts or Spotify. You don't even
- 22:04Speaker 1: have to say nice things. I mean, I'd like you
- 22:06Speaker 1: to say nice things, obviously because I am a delight,
- 22:10Speaker 1: but you don't have to. I mean, i'd like it
- 22:12Speaker 1: if you did, but you don't have to. You can
- 22:13Speaker 1: just say anything. You can tell me your favorite pajamas
- 22:18Speaker 1: if you wear pajamas. No, that's made it weird. That
- 22:21Speaker 1: did make it weird, didn't it. But yeah. You can
- 22:24Speaker 1: follow me on Instagram, Facebook, Twitter, TikTok. I'm kind of
- 22:30Speaker 1: more active on Instagram, so if you want to, you know,
- 22:33Speaker 1: follow me there, that would be super. And if you
- 22:35Speaker 1: interact with me, I generally interact back, at least when
- 22:39Speaker 1: I'm in a good mood, I do try. And one
- 22:43Speaker 1: of those ending else I had to say to you today,
- 22:46Speaker 1: I feel like there was something important, but I genuinely
- 22:50Speaker 1: don't remember what that was. But I did think it
- 22:53Speaker 1: was a good idea for us to talk about something
- 22:55Speaker 1: that wasn't you know, murder for a week, especially in
- 23:00Speaker 1: zid Room. We still have Mary Jane Kelly to go.
- 23:03Speaker 1: That's next week's episode and hopefully you are all ready
- 23:07Speaker 1: for that one. Oh and in less than two weeks,
- 23:11Speaker 1: in less than a fortnight, I am going to be
- 23:13Speaker 1: in Kansas, am I? No? Actually I will literally be
- 23:18Speaker 1: arriving in Kansas actually right now. So that's going to
- 23:21Speaker 1: be fun. That's exciting. I'm gonna be in Kansas, Oh wow,
- 23:27Speaker 1: for the Heartland Pegan Festival. If you haven't booked your tickets,
- 23:31Speaker 1: book your tickets. There's a link in the description down below.
- 23:34Speaker 1: And I'm very excited. I've never been to the States before.
- 23:39Speaker 1: This is well good. And my friends and I we
- 23:41Speaker 1: have a deal. I have to try and find the
- 23:43Speaker 1: tackiest souvenir. No, it has to be able to go
- 23:47Speaker 1: in my suitcase, so it can't be like massive. So
- 23:49Speaker 1: that's going to be fun. But yeah, I will chat
- 23:53Speaker 1: to you next time. This has been fun. Arios what
- 23:57Speaker 1: is that? My friends a Bibbi