The Law of Civilization and Decay: An Essay on HistoryAdams, Brooks
Philosophy
The Law of Civilization and Decay: An Essay on History
Adams, Brooks
Civilization -- History; Degeneration; History -- Philosophy
With the expansion of the currency went a rise in prices, all
producers grew rich, and, for more than two generations, the strain of
competition was so relaxed that the different classes of the population
preyed upon each other less savagely than they are wont to do in less
happy times.
Meanwhile no considerable additions were made to the volume of the
precious metals, and, as the bulk of commerce swelled, the capacity of
the new system of credit became exhausted, and contraction set in. The
first symptom of disorder seems to have been a rise in the purchasing
power of both the precious metals, but particularly of gold, which
rose in its ratio to silver from about one to nine and a half, to
one to twelve.[165] At the same time the value of commodities, even
when measured in silver, appears to have fallen sharply.[166] The
consequence of this fall was a corresponding addition to the burden
of debt, and a very general insolvency. The communes had been large
borrowers, and their straits were deplorable. Luchaire has described
their condition as shown “in the municipal accounts addressed by the
communes to the government.”[167] Everywhere there was a deficit,
almost everywhere ruin. Amiens, Soissons, Roye, Saint Quentin, and
Rouen were all in difficulty with their loans, but Noyon was perhaps
the worst of all. In 1278 Noyon owed 16,000 pounds which it was
unable to pay. After a suspension for fourteen years the king issued
an ordinance regulating liquidation; a part of the claims had to be
cancelled, and the balance collected by a levy on private property. The
bankruptcy was complete.
The royal government, equally hardly pressed, was unable to meet its
obligations in the standard coin, and resorted to debasement. Under
Saint Louis the mark of silver yielded but 2 pounds 15 sous 6 pence;
in 1306 the same weight of metal was cut into 8 pounds 10 sous.
The pressure upon the population was terrible, and led to terrible
results--the beginning of the spoliation of the emotionalists.
Perhaps the combination of the two great forces of the age, of the
soldier and the monk, was the supreme effort of the emotional mind.
What a hold the dazzling dream of omnipotence, through the possession
of the Sepulchre, had upon the twelfth century, can be measured by
the gifts showered upon the crusading orders, for they represented a
prodigious sacrifice.
At Paris the Temple had a capital city over against the capital of the
king. Within a walled enclosure of sixty thousand square metres, stood
the conventual buildings and a gigantic donjon of such perfect masonry
that it never needed other repairs than the patching of its roof.
Beyond the walls the domain extended to the Seine, a property which,
even in 1300, had an almost incalculable value.
Public-domain text, read in full here on John Shaqi.
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