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delusion, conclude their arguments by proposing the emission of _assignats_. I suppose they must talk of _assignats_, as no other language would be understood. All experience of their inefficacy does not in the least discourage them. Are the old _assignats_ depreciated at market? What is the remedy? Issue new _assignats_.--_Mais si maladia opiniatria non vult se garire, quid illi facere? Assignare; postea assignare; ensuita assignare_. The word is a trifle altered. The Latin of your present doctors may be better than that of your old comedy; their wisdom and the variety of their resources are the same. They have not more notes in their song than the cuckoo; though, far from the softness of that harbinger of summer and plenty, their voice is as harsh and as ominous as that of the raven. Who but the most desperate adventurers in philosophy and finance could at all have thought of destroying the settled revenue of the state, the sole security for the public credit, in the hope of rebuilding it with the materials of confiscated property? If, however, an excessive zeal for the state should have led a pious and venerable prelate (by anticipation a father of the Church[132]) to pillage his own order, and, for the good of the Church and people, to take upon himself the place of grand financier of confiscation and comptroller-general of sacrilege, he and his coadjutors were, in my opinion, bound to show, by their subsequent conduct, that they knew something of the office they assumed. When they had resolved to appropriate to the _fisc_ a certain portion of the landed property of their conquered country, it was their business to render their bank a real fund of credit,--as far as such a bank was capable of becoming so. To establish a current circulating credit upon any _land-bank_, under any circumstances whatsoever, has hitherto proved difficult at the very least. The attempt has commonly ended in bankruptcy. But when the Assembly were led, through a contempt of moral, to a defiance of economical principles, it might at least have been expected that nothing would be omitted on their part to lessen this difficulty, to prevent any aggravation of this bankruptcy. It might be expected, that, to render your land-bank tolerable, every means would be adopted that could display openness and candor in the statement of the security, everything which could aid the recovery of the demand. To take things in their most favorable point of v
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