Money
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In our eReader you can find the full English version of the book. Read Money Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Money
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It could issue assignats, and make them legal tender; but, as Talleyrand had warned the Assembly while it could force a man to receive a thousand francs in paper for a thousand francs which he had lent in specie, it could not oblige him to give a thousand francs of specie still in his possession for a thousand francs, or ten thousand francs, in paper, unless it was for his in- terest to do so.
But the statesmen and journalists of Prance would not even acknowledge that it was the prompting of se...lf-in- terest which detained the specie from circulation and made it flow out of the kingdom. It was the work of the enemies of France, of English and Bourbon emis- saries, seeking the overthrow of liberty, which produced the increasing discredit of the paper money and the growing scarcity of gold and silver.
And now came the collapse of French industry.
" "What the bigotry of Louis XIY and the shiftlessness of Louis XV coiild not do in nearly a century, was ac- complished by this tampering with the currency in a few months.
What to read after Money?
You can find similar books in the "Read Also" column, or choose other free books by Walker, Francis Amasa, 1840-1897 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It could issue assignats, and make them legal tender; but, as Talleyrand had warned the Assembly while it could force a man to receive a thousand francs in paper for a thousand francs which he had lent in specie, it could not oblige him to give a thousand francs of specie still in his possession for a thousand francs, or ten thousand francs, in paper, unless it was for his in- terest to do so.
But the statesmen and journalists of Prance would not even acknowledge that it was the prompting of se...lf-in- terest which detained the specie from circulation and made it flow out of the kingdom. It was the work of the enemies of France, of English and Bourbon emis- saries, seeking the overthrow of liberty, which produced the increasing discredit of the paper money and the growing scarcity of gold and silver.
And now came the collapse of French industry.
" "What the bigotry of Louis XIY and the shiftlessness of Louis XV coiild not do in nearly a century, was ac- complished by this tampering with the currency in a few months.
What to read after Money?
You can find similar books in the "Read Also" column, or choose other free books by Walker, Francis Amasa, 1840-1897 to read onlineMoreLess
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