Thermidor, whatever may have been the original intentions of the Thermidorians, whether vile, cowardly, or misguided, was, in its hidden causes as in its apparent effects, the triumph of Business over democratic idealism. The constitution of 1793, which marks the extreme limit that can be reached by the democratic ideal, was never put into practice. The grave pressure of circumstances, the menace of the foreigner, the different forms of internal rebellion, from the Girondists to the Vendee, rendered necessary an exceptional government, which was the Terror, born of fear. In proportion as dangers ceased, the need of the terror ceased. But the democracy shattered itself against the Business which was bringing into existence the property of new proprietors. The constitution of the year III. consecrated the principle of moderate liberalism, whence proceeds all the constitutionalism of the European continent; but it was, before all else, the road leading to the guaranty of property. To change the proprietors while preserving property--that is the banner, the watchword, the ensign which defied through the years from Aug. 10, 1792, the violent tumults as well as the bold designs of those who attempted to found society upon virtue, equality and Spartan abnegation. But the Directory was the footpath by which the revolution arrived at the downfall of itself as an idealistic effort; and with the Directory, which was open and professed corruption, this banner became a reality; the proprietors are changed, but property is saved. And, indeed, to raise upon so many ruins a stable edifice, there was need of real force; and this was found in that strange adventurer of incomparable genius, upon whom fortune had imperially smiled, and he was the only one who possessed the virtue of putting an end to this gigantic fable, because there was in him neither shadow nor trace of moral scruples. In this furor of events strange things happened. The citizens armed for the defense of their country, victorious beyond its frontiers over surrounding Europe, into which with their conquest they carried the revolution, transformed themselves into a soldiery to oppress the liberty of their country. The peasants who, at a moment of imperious suggestion, produced over the feudal estates the anarchy of 1789, now having become soldiers, or small proprietors, or small farmers, and having remained for a moment the advance sentinels of the revolution, fell back into the silent and stolid calm of their traditional life, which, without risks and without movements, served as a sure basis for the so-called social order. The petty bourgeois of the cities, and the former members of the guilds rapidly developed, in the camp of economic struggle, into free traffickers in manual labor. The freedom of trade required that every product become easily merchantable, and thus it triumphed over the last obstacle, by enforcing the demand that labor also become for it a free commodity.