Illustrations of political economy, Volume 4 (of 9)Martineau, Harriet
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Illustrations of political economy, Volume 4 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
The Parisians soon after showed that they knew little of the resources
on which the supply of the wants of the state should depend, by having
recourse to a measure which, however popular, was one of great
folly;—folly to be exceeded only by an act of the populace which took
place nearly at the same time.
The coffers of the government had long been empty. Loans of almost every
kind, and under every species of pretence, had been raised upon the
suffering nation, some of which proved failures in their primary object,
while others, however great the proceeds in amount, seemed to be
exhausted with somewhat the same speed as water that is poured into a
sieve. Never money went away so fast before; and whilst the government
was dismayed at its magic property of disappearance, the people grew
more and more angry at what they thought the extravagance of their
rulers. Neither of them took into the account the scarcity of most of
the necessaries of life, and both regarded money as having the same
value as ever,—as being, in itself, the thing required to supply the
necessities of the state. To both it was equally inconceivable why, if
so much had defrayed such and such expenses in former years, double the
sum would go no way at all at present. The ministers and the court could
only tremble at the necessity of owning the truth, while the people
raged, and could be appeased only by court largesses for the relief of
the starving: which largesses went as little way when they had changed
hands as before. Neither party suspected that money, although scarce,
had become very cheap through the still greater scarcity of other
things; and in the absence of this necessary knowledge, everybody was
eager about gold and silver.
Public-domain text, read in full here on John Shaqi.
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