But even this drastic expedient failed. The method of assessing
the tax, and the time over which the period of payment was spread,
contributed to frustrate its results. The embarrassments of the State
increased. The debt steadily mounted; for, after the outbreak of
the Revolution, people on all sides refused to pay taxes, and the
Government was compelled to use for current purposes any money on
which it could lay hands. Then too, the extraordinary expenses of
the year, occasioned by the circumstances of the Revolution, were
exceptionally heavy, and the cost of keeping Paris quiet was heavier
still. In two months alone of the winter of 1789-90, the State paid
over to the Parisian authorities seventeen million francs for the
purchase of corn, and it is estimated that in the year which followed,
it advanced to the various municipalities in the departments no less
than sixteen hundred millions, in order to cheapen the price of bread.
Besides that, it was soon called on by the Parisian authorities--and
the calls of Paris were rarely refused--to pay over many millions more,
for keeping up relief-works for the unemployed workmen of the capital,
for maintaining and equipping its National Guard, for defraying the
expenses of destroying the Bastille, and even for lighting and paving
its streets. Under these circumstances matters grew steadily worse, and
Mirabeau fell back on the idea of appropriating the property of the
Church, and of using the credit and resources so obtained in order to
issue paper money to pay the pressing creditors of the State. By that
means he hoped to gain a breathing-space, until a strong Government
could be formed to grapple thoroughly with the whole question. The
idea, once formed, was soon put into execution. Early in November,
1789, the Assembly declared that the lands and property of the Church
were at the disposal of the State. In December, it directed a part of
this property, to the value of four hundred millions of francs, to be
sold for the national benefit. In the following March, as the land did
not sell quickly, it was determined to make it over to the various
municipalities, to sell at a handsome profit to themselves, and in
the meantime to issue paper money, also to the extent of four hundred
millions, to increase the currency and to act as bank notes. Thus, in
April, 1790, there came into existence the Assignats.
Public-domain text, read in full here on John Shaqi.
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