Browsing Untitled By Tag : public debt

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First Study. Reaction Causes Revolution. 1. The Revolutionary Force It is an opinion generally held nowadays, among men of advanced views as well as among conservatives, that a revolution, boldly attacked at its incipiency, can be stopped, repressed, diverted or perverted; that only two things are needed for this, sagacity and power. One of the most thoughtful writers of today, M. Droz, of the Académie Francaise, has written a special account of the years of the reign of Louis XVI, during which, according to him, the Revolution might have been anticipated and prevented. And among the revolutionaries of the present, one of the most intelligent, Blanqui, is equally dominated by the idea that, given sufficient strength and skill, Power is able to lead the people whither it chooses, to crush the right, to bring to naught the spirit of revolution. The whole policy of the Tribune of Belle-Isle—I beg his...


These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)


Fellow Laborers, Brothers, Sisters, of the Great Human Family: 'I APPEAR before you not as a silver tongued speaker to tickle your fancies, please your conceits, or to call forth your applause by lofty flights of oratory; but as a cool and deliberate sympathizer in your labors, sufferings, hopes and fears; as one who for years has studied to find out what the matter is in this favored land, that possesses all the elements of prosperity of all other countries in the world; that there can be at the same time creaking warehouses, burdened by the surplus products, and also millions starving. Mothers agonizing for their children who cry for bread they have not to give; fathers desperate and ready for almost anything that promises redress. I come... (From : RevoltLib.com.)

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