'I study Prince Napoleon,' said Ampère, 'with interest, for I believe that he will be the successor.'

'If Louis Napoleon,' I said, 'were to be shot tomorrow, would not the little prince be proclaimed?'

'Probably,' said Ampere, 'but with Jérôme for regent, and I doubt whether the regency would end by the little Napoleon IV. assuming the sceptre.

'Louis Napoleon himself does not expect it. He often says that, in France, it is more than two hundred years since a sovereign has been succeeded by his son.

'On the whole,' continued Ampère, 'I had rather have Jérôme than Louis Napoleon. He has more talent and less prudence. He would bring on the crisis sooner.

'On the 31st of October, 1849,' said Madame de Tocqueville, 'I was in Louis Napoleon's company, and he mentioned some matter on which he wished to know my husband's opinion. I could not give it. "It does not much signify," he answered, "for as I see M. de Tocqueville every day, I will talk to him about it myself." At that very time, the ordonnance dismissing M. de Tocqueville had been signed, and Louis Napoleon knew that he would probably never see him again.'

'I do not,' said Ampere, 'give up the chance of a republic. I do not wish for one. It must be a very bad constitutional monarchy which I should not prefer to the best republic. My democratic illusions are gone. France and America have dispelled them: but it must be a very bad republic which I should not prefer to the best despotism. A republic is like a fever, violent and frightful, but not necessarily productive of organic mischief. A despotism is a consumption: it degrades and weakens, and perverts all the vital functions.

'What is there now in France worth living for? I find people proud of our Italian campaign. Why should the French be proud that their master's soldiers have been successful in a war as to which they were not consulted; which, in fact, they disapproved, which was not made for their benefit, which was the most glaring proof of their servility and degradation? We knew before that our troops were better than the Austrians. What have we gained by the additional example of their superiority?

'I fear,' I said, 'that a republic, at least such a republic as you are likely to have, would begin by some gross economical enormities—by the droit au travail, by the impôt progressif sur la fortune présumtée, by a paper currency made a legal tender without limitation of its amount.'

'The last republic,' said Ampere, 'did some of these things, but very timidly and moderately. It gave to its paper a forced currency, but was so cautious in its issue, that it was not depreciated. It created the ateliers nationaux, but it soon dissolved them, though at the expense of a civil war. Its worst fault was more political than economical: it was the 45 centimes, that is to say, the sudden increase by 45 per cent, of the direct taxes. It never recovered that blow. Of all its acts it is the one which is best recollected. The Provisional Government is known in the provinces as "ces gredins des quarante-cinq centimes." The business of a revolutionary government is to be popular. It ought to reduce taxation, meet its expenditure by loans, abolish octrois and prohibitions, and defer taxation until it has lasted long enough to be submitted to as a fait accompli.'