For a time Necker succeeded by loans and annuities in raising money, but at last it became more difficult to find lenders, and national bankruptcy seemed inevitable. And what is national bankruptcy? It is the paralysis of industry, and wide-spreading consternation and woe. Thousands of widows and orphans had all their patrimony in the national funds. The failure of these funds was to them beggary and starvation. The hospitals, the schools, the homes of refuge for the aged and infirm--all would lose their support. The thousands in governmental employ and those dependent upon them would be left in utter destitution. The bankruptcy of a solitary merchant may send poverty to many families--the bankruptcy of a nation sends paleness to the cheeks and anguish to the hearts of millions. In this exigence Necker adopted the bold resolve to publish an honest account of the state of the finances, that the nation, nobles, and unennobled might see the destruction toward which the state was drifting. Necker thought that, if the facts were fairly presented, the privileged class, in view of the ruin otherwise inevitable, would consent to bear their share of taxation, manifestly the only possible measure which could arrest the disaster. He consequently, in 1781, published his celebrated _Compte Rendu au Roi_. The impression which this pamphlet produced was amazing. Two hundred thousand copies were immediately called for, and the appalling revelation went with electric speed through the whole length and breadth of the land. It was read in the saloon, in the work-shop, and in the hamlet. Groups of those who could not read were gathered at all corners to hear it read by others. "We wetted with our tears," writes M. Rabaud de St. Etienne, who acted an illustrious part in those days, "those pages which a citizen minister had imprinted with luminous and comfortable reflections, and where he was turning all his attention to the prosperity of the French with a sensibility deserving of their gratitude. The _people_ blessed him as its savior. But all those nourished by abuses formed a confederacy against the man who seemed about to wrest their prey from them."