important persons in this debtor class were to be found intriguing in
the Assembly--first in its seats and later in more conspicuous places
of public trust. Before long, the debtor class became a powerful body
extending through all ranks of society. From the stock-gambler who
sat in the Assembly to the small land speculator in the rural
districts; from the sleek inventor of _canards_ on the Paris Exchange
to the lying stock-jobber in the market town, all pressed vigorously
for new issues of paper; all were apparently able to demonstrate to
the people that in new issues of paper lay the only chance for
national prosperity.

This great debtor class, relying on the multitude who could be
approached by superficial arguments, soon gained control. Strange as
it might seem to those who have not watched the same causes at work at
a previous period in France and at various times in other countries,
while every issue of paper money really made matters worse, a
superstition gained ground among the people at large that, if only
_enough_ paper money were issued and were more cunningly handled the
poor would be made rich. Henceforth, all opposition was futile. In
December, 1791, a report was made in the Legislative Assembly in favor
of yet another great issue of three hundred millions more of paper
money. In regard to this report Cambon said that more money was
needed but asked, "Will you, in a moment when stock-jobbing is carried
on with such fury, give it new power by adding so much more to the
circulation?" But such high considerations were now little regarded.
Dorisy declared, "There is not enough money yet in circulation; if
there were more the sales of national lands would be more rapid." And
the official report of his speech states that these words were
applauded.