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United States (United States) (search for this): article 1
le of understanding the cause of the rise. They laid upon the baker and butcher — the greatest of all extortioners in their eyes — the whole blame of the depreciated currency. In this delusion they were openly encouraged by their orators in the Convention, and on one occasion Marat went so far as to encourage the mob to break into the bakeries and confectioneries, and plunder them of all they contained. We are thankful that matters have never proceeded to that extremity in these Confederate States, nor do we believe it possible that they ever should. But it is apparent that a delusion very similar to that which stimulated the mob of Paris in those terrible days to so many deeds of horror is widely prevalent. The soberest, best informed, and most conscientious men among us are constantly in the habit of attributing to brokers, extortioners, and forestallers, a state of things which is the inevitable consequence of a depreciated currency, and instead of directing their indignati
Paris (search for this): article 1
disappears at the first frost of October; when the country was deluged with assignats, worth about half a sons to the livre, (that is, about forty to one.) and commodities had gone up in proportion in the depreciation of the currency, the mob of Paris attributed it all to the acts of extortioners, forestallers, and brokers. The last named class were supposed to have all the coin in the country, and to impair the value of the currency by the enormous prices which they charged for it; and, for ained. We are thankful that matters have never proceeded to that extremity in these Confederate States, nor do we believe it possible that they ever should. But it is apparent that a delusion very similar to that which stimulated the mob of Paris in those terrible days to so many deeds of horror is widely prevalent. The soberest, best informed, and most conscientious men among us are constantly in the habit of attributing to brokers, extortioners, and forestallers, a state of things whic
October (search for this): article 1
Extortioners, forestallers, brokers, &c. --When the French revolution was at the zenith of its fury; when gold and silver had sunk into the earth as the disappears at the first frost of October; when the country was deluged with assignats, worth about half a sons to the livre, (that is, about forty to one.) and commodities had gone up in proportion in the depreciation of the currency, the mob of Paris attributed it all to the acts of extortioners, forestallers, and brokers. The last named class were supposed to have all the coin in the country, and to impair the value of the currency by the enormous prices which they charged for it; and, for their especial benefit, a law was passed prescribing the guillotine as the appropriate punishment for any man who should be convicted of having bought a paper franc for less than its nominal value in coin. But the forestallers and extortioners were the principal objects of revolutionary vengeance. They, it was, who, according to the popu