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After some false starts, the Place was laid out in 1702 as a monument to the glory of the armies of Louis XIV, the Grand Monarque and called Place des Conquetes, to be renamed Place Louis le Grand, when the conquests proved temporary; an equestrian statue of the king was set up in its center.
Napoleon erected the present column, modelled after Trajan's Column, to celebrate the victory of Austerlitz; its spiralling veneers of bas-relief bronze plates (by the sculptor Pierre-Nolasque Bergeret) were made out of cannon taken from the combined armies of Europe, according to his propaganda. (The usual figure given is hugely exaggerated: 133 cannon were actually captured at Austerlitz.) After the Bourbon restoration the statue of the Emperor was pulled from the top of the column and refinished as a statue of Henri IV, which can be inspected on the Pont Neuf. A replacement statue of Napoleon, however, was erected by Louis-Philippe, and a better, more augustly classicizing one by Louis-Napoleon. The column was pulled down by a gang of Communards in 1871, with the painter Gustave Courbet at their head, but was set up again in the early days of the Third Republic, and there it remains.
The site of the square was formerly the hôtel of César, duc de Vendôme, the illegitimate son of Henri IV and his mistress Gabrielle d'Estrées. Mansart bought the building and its gardens, with an idea of converting it into building lots as a profitable speculation. The plan didn't materialize, and Louis XIV's minister purchased the piece of ground, with the object of building a square, modelled on the successful Place des VosgesThe Place des Vosges is Paris' oldest (and some say most beautiful) square. Originally known as the Place Royale, the Place des Vosges was built by Henri IV from 1605 to 1612. A true square (140 m x 140 m), it was the first program of royal city planning, of the previous century. Louvois came into financial difficulties and nothing came of his project either. After his death the king purchased the plot and commissioned Mansart to design a housefront that the buyers of plots round the Place would agree to adhere to. When the state finances ran low, the financier John LawJohn Law ( 1671 April 21 1729 March 21) was a Scottish economist who believed that money was only a means of exchange and did not constitute wealth in itself; national wealth depended on trade. He is said to be the father of finance. He is responsible for took on the project, built himself a residence behind one of the facades, and the square was complete by 1720, just as his paper-money Mississippi bubbleIn August 1717 Scottish businessman John Law acquired a controlling interest in the then derelict Mississippi Company and renamed it the Compagnie d’Occident (or Compagnie du Mississippi). Its initial goal was to trade and do buiness with the French colon burst.
At the centers of the square's long sides, Mansart's range of Corinthian pilastersThe Corinthian order is one of the Classical orders of Greek and Roman architecture, although it was seldom used in Greek architecture. The other two orders were the Doric and the Ionic. When classical architecture was revived, two more orders were added breaks forward under a pediment, to create palace-like fronts. The arcading of the formally rusticated ground floors does not provide an arcaded passageway as at Place des Vosges. The architectural linking of the windows from one floor to the next, and the increasing arch of their windowheads, provide an upward spring to the horizontals formed by ranks of windows. Originally the Place was accessible by a single street and preserved an aristocratic quiet, except when the annual fair was held there. Napoleon opened the Rue de la Paix and the 20th century filled the Place Vendôme with traffic.
The Place Vendome has been famous for its fashionable and deluxe hotels: The Ritz Hotel Paris , which is the Ritz, and the Bristol, which Edward VIIEdward VII Albert Edward ( 9 November 1841 6 May 1910) was the first British monarch of the House of Saxe-Coburg-Gotha. As well as being the King of the United Kingdom of Great Britain and Ireland, and the British dominions beyond the Sea, Edward was also preferred, now called the Vendôme. Many famous dress designers have had their salons in the square.