《the origins of contemporary france-4》

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corporations;

* when it suppresses legally established credits without indemnity;

* when; by dint of expenditure and the burdens this creates; it

becomes insolvent;

* when; through its paper…money and forced circulation; it annuls

indebtedness in the hands of the creditor; and allows the debtor to go

scot…free;

* when it arbitrarily seizes current capital;

* when it makes forced loans and requisitions;

* when its tax on productions surpasses the cost of production and on

merchandise the profit on its sale;

* when it constrains the manufacturer to manufacture at a loss and the

merchant to sell at a loss;

* when its principles; judged by its acts; indicate a progression from

partial to a universal confiscation。  …



Ineluctably every phase of disease engenders the evil which follows:

it is like a poison the effects of which spread or pass onwards。  Each

function; affected by the derangement of the adjacent one; becoming

disturbed in its turn。  The perils; mutilation and suppression of

property diminish available securities as well as the courage that

risks them; that is to say; the mode of; and disposition to; make

advances。  Through a lack of funds; useful enterprises languish; die

out or are not undertaken。  Consequently; the production; supply; and

sale of indispensable articles slacken; become interrupted and cease

altogether。  There is less soap and sugar and fewer candles at the

grocery; less wood and coal in the wood…yard; fewer oxen and sheep in

the markets; less meat at the butcher's; less grain and flour at the

corn…exchange; and less bread at the bakeries。  As articles of prime

necessity are scarce they become dear; as people contend for them

their dearness increases; the rich man ruins himself in the struggle

to get hold of them; while the poor man never gets any; and the bare

necessities become unattainable。



II。  Conditions in 1793。  A Lesson in Market Economics。



Economical effect of the Jacobin policy from 1789 to 1793。  … Attacks

on property。  … Direct attacks。  … Jacqueries; effective confiscations

and proclamation of the socialist creed。  … Indirect attacks。  … Bad

administration of the public funds。  … Transformation of taxation and

insignificance of the returns。  … Increased expenditures。  … The War…

budget and subsistence after 1793。  … Paper money。  … Enormous issues

of it。  … Credit of the Assignats run down。  … Ruin of Public

creditors and of all private credit。  … Rate of interest during the

Revolution。  … Stoppage of trade and industry。  … Bad management of

new land…owners。  … Decrease of productive labor。  … Only the small

rural land…owner works advantageously。  … Why he refuses Assignats。  …

He is no longer obliged to sell his produce at once。  … High cost of

food。  … It reaches a market with difficulty and in small quantities。

… The towns buy at a high price and sell at a low one。  … Food becomes

dearer and famine begins。  … Prices during the first six months of

1793。



Such is the hardship in France at the moment when the Jacobin conquest

has been completed; a misery of which the Jacobins are the cause due

to the systematic war they have waged against property during the

preceding four years。



From below; they have provoked; excused; amnestied; or tolerated and

authorized all the popular attacks on property;'3' countless

insurrections; seven successive jacqueries; some of them so extensive

as to cover eight or ten departments at the same time。  The last one

let loose on all France a universal and lasting brigandage; the

arbitrary rule of paupers; vagabonds and ruffians; every species of

robbery; from a refusal to pay rents and leases to the sacking of

chateaux and ordinary domiciles; even to the pillage of markets and

granaries。  Free scope was given to mobs which; under a political

pretext; tax and ransom the 〃suspects 〃 of all classes at pleasure;

not alone the noble and the rich but the peaceable farmer and well…to…

do artisan。  In short; the country reverted back to a natural state;

the sovereignty of appetites; greed and lust; to mankind's return to a

savage; primitive life in the forests。  Only a short time before; in

the month of February; 1793; through Marat's recommendation; and with

the connivance of the Jacobin municipality; the Paris riff…raff had

broken into twelve hundred groceries and divided on the spot; either

gratis or at the price it fixed; sugar; soap; brandy and coffee。



From above; they had undertaken; carried out and multiplied the worst

assaults on property; vast spoliations of every sort; the suppression

of hundreds of millions of incomes and the confiscation of billions of

capital; the abolition without indemnity of tithes and quitrents; the

expropriation of the property of the clergy; of emigrés; that of the

order of Malta; that of the pious; charitable and educational

associations and endowments; even laic; seizures of plate; of the

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
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