The Diplomatists of EuropeCapefigue, M. (Jean Baptiste Honoré Raymond)
History
The Diplomatists of Europe
Capefigue, M. (Jean Baptiste Honoré Raymond)
Diplomats; Statesmen
The mediator, under the guidance of M. Mounier, and after unheard-of
retrenchments, fixed the sum destined for the payment of the debts
of France to individuals at 16 millions and 40,000 francs. People
are too apt to forget in the present times the extreme difficulties
encountered by the public credit of the restoration, during the
period of our misfortunes. The Duc de Richelieu very soon came to the
conclusion, that a system of well-conducted loans offered the only
possible means of fulfilling the obligations imposed by the treaty.
During the sway of Napoleon, the credit of the government had been
utterly null; confidence had been destroyed by too many violations of
the public faith, and too many arbitrary actions, for the Revolution
and the Empire were merely the abuse of power; and the events of 1814
and 1815 having compelled the government to increase the public debt
to 126 millions, would it be possible to obtain an additional loan? No
French house had presented itself possessed of sufficient capital to
act upon so vast a scale; their fear of the risk was too great. But
the Duke considered there would be an advantage in foreign loans, in
raising a competition among all the capitals of Europe, and effecting
our deliverance by a mere change of location. The necessary pecuniary
resources were found in the opulent firm of Hope and Baring; and, to
prepare the departure of the foreign troops, the minister succeeded
in obtaining that the sovereigns who signed the treaty of 1815 should
assemble at Aix-la-Chapelle, to determine whether the occupation should
terminate at the end of three years, or whether it should be prolonged
to five, according to the alternative left by the treaty.
This proposal having been accepted, the congress assembled on the
20th of September 1818. All the obstacles had been already overcome
by the pacific views of Russia, which had acted favourably upon the
scruples entertained by Prussia and England; and on the 2d of October
the evacuation of the French provinces was decided upon, and the last
traces of the invasion disappeared; besides which the Duc de Richelieu
obtained a reduction of part of the indemnity still unpaid. Who does
not recollect the proud and natural delight of the French minister on
his return? France was no longer a country in the occupation of Europe,
but a government admitted into the first rank among nations, with its
greatness, its liberty, and its independence. Sufficient justice is
seldom rendered to statesmen who restore to a country its dignity and
consideration: vulgar history only extols those that destroy.
Public-domain text, read in full here on John Shaqi.
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