It was not till the commencement of the sixteenth century, in the midst of that period which is termed the Revival of Arts and Letters, that it was proposed for the first time to consider the right to labour in a particular vocation as a privilege to be sold by the Crown. Then it was that each Company became a small close aristocracy, and at last those monopolies were established which were so prejudicial to the progress of the arts and which so exasperated the last generation. From the reign of Henry III., who generalised the evil, if he did not give birth to it, down to Louis XVI., who extirpated it, it may be said that the abuse of the system of guilds never ceased to augment and to spread at the very time when the progress of society rendered those institutions more insupportable, and when the common sense of the public was most opposed to them. Year after year more professions were deprived of their freedom; year after year the privileges of the incorporated trades were increased. Never was the evil carried to greater lengths than during what are commonly called the prosperous years of the reign of Louis XIV., because at no former period had the want of money been more imperious, or the resolution not to raise money with the assent of the nation more firmly taken. Letrone said with truth in 1775--‘The State has only established the trading companies to furnish pecuniary resources, partly by the patents which it sells, partly by the creation of new offices which the Companies are forced to buy up. The Edict of 1673 carried the principles of Henry III. to their furthest consequences by compelling all the Companies to take out letters of confirmation upon payment for the same; and all the workmen who were not yet incorporated in some one of these bodies were compelled to enter them. This wretched expedient brought in three hundred thousand livres.’ We have already seen how the whole municipal constitution of the towns was overthrown, not by any political design, but in the hope of picking up a pittance for the Treasury. This same want of money, combined with the desire not to seek it from the States-General of the kingdom, gave rise to the venality of public offices, which became at last a thing so strange that its like had never been seen in the world. It was by this institution, engendered by the fiscal spirit of the Government, that the vanity of the middle classes was kept on the stretch for three centuries and exclusively directed to the acquisition of public employments, and thus was the universal passion for places made to penetrate to the bowels of the nation, where it became the common source of revolutions and of servitude.