ttre aux gens de bonne foi."]

[Footnote 74: See Summer, p. 44; also De Nervo, "Finances francaises,"
p. 282.]

[Footnote 75: See De Nervo, "Finances francaises," p. 282; also
Levasseur, vol. i, p. 236 et seq.]

[Footnote 76: See Table from "Gazette de France" and extracts from other
sources in Levasseur, vol. i, pp. 223-4.]

[Footnote 77: Among the many striking accounts of the debasing effects
of "inflation" upon France under the Directory perhaps the best is that
of Lacretelle, vol. xiii, pp. 32-36. For similar effect, produced by the
same cause in our own country in 1819, see statement from Niles'
"Register," in Sumner, p. 80. For the jumble of families reduced to
beggary with families lifted into sudden wealth and for the mass of
folly and misery thus mingled, see Levassour, vol. i, p. 237.]

[Footnote 78: For Madame Tallien and luxury of the stock-gambler
classes, see Challamel, "Les francais sous la Revolution," pp. 30, 33;
also De Goncourt, "Les francais sous le Directoire." Regarding the
outburst of vice in Paris and the demoralization of the police, see
Levasseur, as above.]

[Footnote 79: See Levasseur, Vol. i, p. 237, et seq.]

[Footnote 80: For specimens of counterfeit _assignats_, see the White
Collection in the Cornell University Library, but for the great series
of various issues of them in fac-simile, also for detective warnings and
attempted descriptions of many varieties of them, and for the history of
their Issue, see especially Dewarmin, vol. i, pp. 152-161. For
photographic copies of Royalist _assignats_, etc., see also Dewarmin,
ibid., pp. 192-197, etc. For a photograph of probably the last of the
Royalist notes ever issued, bearing the words "Pro Deo, pro Rege, pro
Patria" and "Armee Catholique et Royale" with the date 1799, and for
the sum of 100 _livres_, see Dewarmin, vol. i, p. 204.]

[Footnote 81: For similar expectation of a "shock," which did not occur,
at the resumption of specie payments in Massachusetts, see Sumner,
"History of American Currency," p. 34.]

[Footnote 82: See Thiers.]

[Footnote 83: See Levasseur, vol. i, p. 246.]

[Footnote 84: For examples of similar effects in Russia, Austria and
Denmark, see Storch, "Economie Politique," vol. iv; for similar effects
in the United States, see Gouge, "Paper Money and Banking in the United
States," also Summer, "History of American Currency." For working out of
the same principles in England, depicted in a masterly way, see