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the origins of contemporary france-4-第96章

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sacred vessels and precious ornaments of the churches。  And; because

they have the power; others still more vast。  After August 10; their

newspapers in Paris and their commissioners in the departments;'4'

have preached



 〃the agrarian law; the holding of all property in common; the

leveling of fortunes; the right of each fraction of the sovereign

people〃 to help itself by force to all food and stores at the expense

of the owner; to hunt down the rich; proscribe 〃land…owners; leading

merchants; financiers and all men in possession of whatever is

superfluous。〃



Rousseau's dogma that 〃the fruit belongs to everybody and the soil to

no one〃 is established at an early date as a maxim of State in the

Convention; while in the deliberations of the sovereign assembly

socialism; openly avowed; becomes ascendant; and; afterwards; supreme。

According to Robespierre;'5'



〃whatever is essential to preserve life is common property to society

at large。  It is only the excess which may be given up to individuals

and surrendered to commercial enterprise。〃



With still greater solemnity; the pontiff of the sect; in the

Declaration of Rights which; unanimously adopted by the all…powerful

Jacobin club; is to serve as the corner…stone of the new institutions;

pens the following formula heavy with their consequences:'6'



〃Society must provide for the support of all its members。  The aid

required by indigence is a debt of the rich to the poor。  The right of

property is limited; and applies only to that portion which the law

guarantees。  Every ownership; any trade; which bears prejudicially on

the existence of our fellow…creatures is necessarily illicit and

immoral。〃



The meaning of this is more than clear: the Jacobin populace; having

decided that the possession of; and trade in; groceries was

prejudicial to its existence; the grocers' monopoly is; therefore;

immoral and illicit; and consequently; it pillages their shops。  Under

the rule of the populace and of the 〃Mountain;〃 the Convention applies

the theory; seizes capital wherever it can be found; and notifies the

poor; in its name;



〃that they will find in the pocket…books of the rich whatever they

need to supply their wants。〃'7'



Over and above these striking and direct attacks; an indirect and

hidden attack; even more significant; which slowly undermines the

basis of all present and future property。  State affairs are

everybody's affairs; and; when the State ruins itself; everybody is

ruined along with it。  For; it is the country's greatest debtor and

its greatest creditor; while there is no debtor so free of seizure and

no creditor so absorbing; since; making the laws and possessing the

force; it can; firstly; repudiate indebtedness and send away the fund…

holder with empty hands; and next; increase taxation and empty the

taxpayer's pocket of his last penny。  There is no greater menace to

private fortunes than the bad administration of the public fortune。

Now; under the pressure of Jacobin principles and of the Jacobin

faction; the trustees of France have administered the country as if

they purposely meant to ruin their ward; every known means for wasting

a fortune have been brought into play by them。  … In the first place;

they have deprived him of three…fourths of his income。  To please the

people and enforce the theory; the taxes on articles consumed; on

salt; with the excise subsidies and the octroi duties on liquors;

meat; tobacco; leather and gunpowder; have been abolished; while the

new imposts substituted for the old ones; slowly fixed; badly

apportioned and raised with difficulty have brought in no returns。  On

the 1st of February; 1793;'8' the Treasury had received on the real

and personal taxation of 1791; but one hundred and fifty millions

instead of three hundred millions。  On the same taxes for 1792;

instead of three hundred millions it had obtained nothing at all。  At

this date; and during the four years of the Revolution; the total

arrears of taxation amounted to six hundred and thirty…two millions …

a bad debt that can hardly be recovered; and; in fact; it is already

reduced one…half; since; even if the debtor could and was disposed to

pay; he would pay in assignats; which; at this time; were at a discount

of fifty per cent。  … In the second place; the new managers had

quadrupled the public expenditure。'9' What with the equipment and

excursions of the National Guards federations; patriotic festivals

and parades; the writing; printing and publication of innumerable

documents; reimbursements for suppressed offices; the installation

of new administrations; aid to the indigent and to its charity

workshops; purchases of grain; indemnities to millers and bakers;

it was under the necessity of providing for the cost of the

universal demolition and reconstruction。  Now; the State had; for the

most part; defrayed all these expenses。  At the end of April; 1793; it

had already advanced to the city of Paris alone; one hundred and ten

million francs; while the Commune; insolvent; kept constantly

extorting fresh millions。'10' By the side of this gulf; the Jacobins

had dug another; larger still; that of the war。  For the first half of

the year 1793 they threw into this pit first; one hundred and forty

millions; then one hundred and sixty millions; and then one hundred

and ninety million francs; in the second six months of 1793 the war

and provisions swallowed up three hundred million francs per month;

and the more they threw into the two gulfs the deeper they became。'11'



Naturally; when there is no collecting a revenue and expenses go on

increasing; one is obliged to borrow on one's resources; and

piecemeal; as long as these last。  Naturally; when ready money is not

to be had on the market; one draws notes and tries to put them in

circulation; one pays tradesmen with written promises in the future;

and thus exhausts one's credit。  Such is paper money and the

assignats; the third and most efficient way for wasting a fortune and

which the Jacobins did not fail to make the most of。  … Under the

Constituent Assembly; through a remnant of good sense and good faith;

efforts were at first made to guarantee the fulfillment of written

promises the holders of assignats were almost secured by a first

mortgage on the national possessions; which had been given to them

coupled with an engagement not to raise more money on this guarantee;

as well as not to issue any more assignats。'12' But they did not keep

faith。  They rendered the security afforded by this mortgage

inoperative and; as all chances of re…payment disappeared; its value

declined。  Then; on the 27th of April; 1792; according to the report

of Cambon; there begins an unlimited issue; according to the Jacobin

financiers; nothing more is necessary to provide for the war than to

turn the wheel and grind out promises to pay: in June; 1793; assignats

to the amount of four billion three hundred and twenty millions have

already been manufactured; and everybody sees that the mill must grind

faster。  This is why the guarantee; vainly increased; no longer

suffices for the monstrous; disproportionate mortgage; it exceeds all

limits; covers nothing; and sinks through its own weight。  At Paris;

the assignat of one hundred francs is worth in specie; in the month of

June; 1791; eighty…five francs; in January; 1792; only sixty…six

francs; in March; 1792; only fifty。  three francs; rising in value at

the end of the Legislative Assembly; owing to fresh confiscations; it

falls back to fifty…five francs in January; 1793; to forty…seven

francs in April; to forty francs in June; to thirty…three francs in

July。'13' … Thus are the creditors of the State defrauded of a third;

one…half; and two…thirds of their investment; and not alone the

creditors of the State but every other creditor; since every debtor

has the right to discharge his obligations by paying his debts in

assignats。  Enumerate; if possible; all who are defrauded of private

claims; all money…lenders and stockholders who have invested in any

private enterprise; either manufacturing or mercantile; those who have

loaned money on Contracts of longer or shorter date; all sellers of

real estate; with stipulations in their deeds for more or less remote

payment; all landowners who have leased their grounds or buildings for

a term of years; all holders of annuities on private bond or on an

estate; all manufacturers; merchants and farmers who have sold their

wares; goods and produce on time; all clerks on yearly salaries and

even all other employees; underlings; servants and workmen receiving

fixed salaries for a specified term。  There is not one of these

persons whose capital; or income payable in assignats; is not at once

crippled in proportion to the decline in value of assignats; so that

not only the State falls into bankruptcy but likewise every creditor

in France; legally bankrupt along with it through its fault。



In such a situation how can any enterprise be commenced or maintained?

Who dares take a risk; especially when disbursements are large and

returns remote? Who dares lend on long credits … ? If loans are still

made they are not for a year but for a month; while the interest

which; before the Revolution was six; five or even four per cent。  per

annum; is now two per cent。  a month on securities。〃 It soon runs up

higher and; at Paris and Strasbourg we see it rising; as in India and

the Barbary States; to four; five; six and even seven per cent。  a

month。'14'



What holder of raw material; or of manufactured goods; would dare make

entries on his books as usual and allow his customer the indispensable

credit of three months? What large manufacturer would presume to make

goods up; what wholesale merchant would care to make shipments; what

man of wealth or with a competence would build; drain and construct

dams and dykes; repair; or even maintain them with the positive

certainty of delays in getting back only one…half his outlays and with

the increasing certainty of getting nothing?



During a few years the large establishments collapsed in droves:



* After the ruin of the nobles and the departure of wealthy

foreigners; every craft dependent on luxurious tastes; those of Paris

and Lyons; which were the standard for Europe; all the manufactories

of rich fabrics and furniture; and other artistic; elegant and

fashionable articles。



* After the insurrection of the blacks in St。  Domingo; and other

troubles in the West Indies; the great colonial trade and remarkable

prosperity of Nantes and Bordeaux; including all the industrial

enterprises by which the production; transportation and circulation of

cotton; sugar and coffee were affected;'15'



* After the declaration of war with England; the shipping interest;



* After the declaration of war with all Europe; the commerce of the

continent。'16'




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