Napoleon: A Sketch of His Life, Character, Struggles, and AchievementsWatson, Thomas E. (Thomas Edward)
History
Napoleon: A Sketch of His Life, Character, Struggles, and Achievements
Watson, Thomas E. (Thomas Edward)
Napoleon I, Emperor of the French, 1769-1821
Surrounded as he was by hostile kings, Napoleon felt the need of
supports. In creating the Confederation of the Rhine, in putting his
brothers upon adjacent thrones, in bestowing fiefs upon his high
officials, he believed himself to be throwing out barriers against
foreign foes, and propping his empire with the self-interest and
resources of all these subject princes whom he had created, never
dreaming that in the day of adversity his own brothers and sisters
would think of saving themselves at his expense.
* * * * *
On the very night of Napoleon’s return to Paris from the army, he
summoned his council. The finances were in confusion; there had been
something of a panic, and only the victory of Austerlitz restored
confidence. The minister, who had brought about this state of things
by his mismanagement, was Barbé-Marbois, a royalist whom Napoleon
had recalled from banishment and elevated to high office. During
the Emperor’s absence the minister had allowed the contractors and
speculators to become partners in the management of the treasury,
had allowed these speculators to use public funds, and had carried
his complaisance to such an extent that they now owed the government
more than $25,000,000. Under the Old Régime it was quite the usual
thing to allow contractors and speculators to use and misuse public
funds. In our own day it is the universal rule. No well-regulated
Christian government would think of issuing a loan, undertaking public
improvements, or refunding its debt without giving to some clique
of favored capitalists a huge share of the sum total: just as it
would shock a modern government to its foundation if the principle
were enforced that public funds should be rigidly kept in public
depositories to be used for public purposes only.
Napoleon, however, was neither a ruler of the ancient Bourbon type,
nor a Christian governor of the modern sort. He would not float loans,
levy war taxes, nor allow his treasury to become the hunting-ground
of the Bourse. England was fighting Napoleon with paper money, was
floating loan after loan, was giving to speculators and contractors
golden opportunities to enrich themselves. In the end, England’s paper
money, loans, and war taxes were to whip the fight; but in the meantime
Napoleon believed himself right and England wrong. He honestly believed
that England would sink under her debt, taxes, and worthless currency.
When he saw her grow in strength year by year, her manufactures
increase, her trade increase, her wealth, power, and population
increase, he was unable to comprehend the mystery. Mr. Alison, the
Tory historian, who chronicles the facts, explains, kindly, that this
growth of England was illusive and fictitious. To Napoleon, sitting
desolately on the rock at St. Helena, housed in a remodelled cow barn
and tormented by rats, it must have seemed that this paper-money growth
of English power was not quite so illusive as Mr. Alison declared.
Public-domain text, read in full here on John Shaqi.
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