Fiat Money Inflation in France by Andrew Dickson White
page 87 of 91 (95%)
page 87 of 91 (95%)
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vol. ii, p. 229.
[69] See Von Sybel, vol. iv, pp. 337, 338. See also for confirmation Challamel, "Histoire Musée," vol. ii, p. 179. For a thoughtful statement of the reasons why such paper was not invested in lands by men of moderate means, and workingmen, see Mill, "Political Economy," vol. ii, pp. 81, 82. [70] See Von Sybel, vol. iv, p. 222. [71] See especially Levasseur, "Histoire des classes ouvrières," etc. vol. i, pp. 219, 230 and elsewhere; also De Nervo, "Finance française," p. 280; also Stourm, as already cited. The exact amount of _assignats_ in circulation at the final suppression is given by Dowarmin, (vol. i, p. 189), as 39,999,945,428 _livres_ or _francs_. [72] For details of the mandat system very thoroughly given, see Thiers' "History of the French Revolution," Bentley's edition, vol. iv, pp. 410-412. For the issue of _assignats_ and _mandats_ at the same time, see Dewarmin, vol. i, p. 136; also Levasseur, vol. i, pp. 230-257. For an account of "new tenor bills" in America and their failure in 1737, see Summer, pp. 27-31; for their failure in 1781, see Morse, "Life of Alexander Hamilton," vol. i, pp. 86, 87. For similar failure in Austria, see Summer, p. 314. [73] See Marchant, "Lettre aux gens de bonne foi." [74] See Summer, p. 44; also De Nervo, "Finances françaises," p. 282. [75] See De Nervo, "Finances françaises," p. 282; also Levasseur, |
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