These different readings betrayed the troubled state of their minds. The
Council alone believed in having frightened Versailles. The bourgeois
journals certainly shouted "Abomination!" and M. Thiers, who shot
without any decrees, denounced the ferocity of the Commune. At bottom
they all laughed in their sleeves. The reactionists of any mark had long
since fled; there only remained in Paris the small fry and a few
isolated men, whom, if needs be, Versailles was ready to sacrifice.[116]
The members of the Council, in their childish impetuosity, had not seen
the real hostages staring them in the face--the bank, the civil
register, the domains and the suitors' fund. These were the tender
points by which to hold the bourgeoisie. Without risking a single man,
the Commune had only to stretch out its hand and bid Versailles
negotiate or commit suicide.
The timid delegates of the 26th March were not the men to dare this. In
allowing the Versaillese army to file off, the Central Committee had
committed a heavy fault; that of the Council was incomparably more
damaging. All serious rebels have commenced by seizing upon the sinews
of the enemy--the treasury. The Council of the Commune was the only
revolutionary Government that refused to do so. While abolishing the
budget of public worship, which was at Versailles, they bent their knees
to the budget of the bourgeoisie, which was at their mercy.
Then followed a scene of high comedy, if one could laugh at negligence
that has caused so much bloodshed. Since the 19th March the governors of
the bank lived like men condemned to death, every day expecting the
execution of their treasure. Of removing it to Versailles they could not
dream. It would have required sixty or eighty vans and an army corps. On
the 23rd, its governor, Rouland, could no longer stand it, and fled. The
sub-governor, De Ploeuc, replaced him. From his first interview with
the delegates of the Hotel-de-Ville he had seen through their timidity,
given battle, then seemed to soften, yielded little by little, and doled
out his money franc by franc. The bank, which Versailles believed almost
empty, contained: coin, 77 millions;[117] bank-notes, 166 millions;
bills discounted, 899 millions; securities for advances made, 120
millions; bullion, 11 millions; jewels in deposit, 7 millions; public
effects and other titles in deposit, 900 millions; that is, 2 milliards
180 million francs: 800 millions in bank-notes only required the
signature of the cashier, a signature easily made. The Commune had then
three milliards in its hands, of which over a milliard realised, enough
to buy all the generals and functionaries of Versailles; as hostages,
90,000 depositors of titles, and the two milliards in circulation whose
guarantee lay in the boxes in the Rue de la Vrilliere.
Public-domain text, read in full here on John Shaqi.
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