(_e_) While the defences behind which the guilds had taken refuge were thus battered down, a crusade against them was begun by public opinion. Economists and philosophers united in attacking their principles in the name of liberty and equality, two ideas which roused much enthusiasm in the world at that time. The guilds were denounced as opposed to the general interest of producers in that they stood for privilege and exclusiveness and prevented numbers of people, who could neither enter them nor set up beside them, from earning an honest livelihood. They were condemned as being contrary to the general interests of consumers; for, burdened with enormous debts, wasting their money in festivals, feasts, and legal expenses, condemned to laborious methods of manufacture through their inability to improve them, they were yet able by means of their monopolies to keep up prices and to make unduly large profits, without even being capable of satisfying their clients if they expressed the smallest desire to have something out of the ordinary. The physiocrats had another grievance against the guilds: they were opposed to them because they diverted capital from the cultivation of the land, in which, according to them, it would have been used to much greater advantage. By degrees, among the two peoples which led the European thought of the time--Great Britain and France,--these accusations were condensed into a formula which was the death-warrant of the guilds: _Laissez-faire! Laissez-passer!_ At Edinburgh in 1776 Adam Smith's famous work appeared, and was looked on as the Gospel of the new doctrine. In 1775 there appeared in Paris a posthumous work by President Bigot of Sainte-Croix, entitled _An Essay on the Freedom of Commerce and Industry_.