[4]. Democratie Pacifique, 1st March, 1848, p. 1.
[5]. Ibid.
[6]. Democratie Pacifique, March 1, 1848.
[7]. Democratie Pacifique, March 2, 1848.
[8]. The present state of the finances of France is thus explained by the Finance Minister:—
“On the 1st of January 1841, the capital of the public debt, the government stock belonging to the sinking fund being deducted, was 4,267,315,402 francs. On the 1st of January 1848, it amounted to 5,179,644,730 francs. Far from taking advantage of so long a peace to reduce the amount of the debt, the last administration augmented it in those enormous proportions,—912,329,328 francs in seven years.
“BUDGETS.
“The budgets followed the progression of the debt.
“Those of 1829 to 1830 amount to 1,014,914,000 francs. The entire of the credits placed at the disposal of the fallen government to the year 1847 amounts to 1,712,979,639f. 62c. Notwithstanding the successive increase of the receipts, the budgets presented each year a considerable deficit. The expenses from 1840 to 1847 inclusively, exceeded the receipts by 604,525,000 francs. The deficit calculated for the year 1848 is 48,000,000 francs, without counting the additional chapter of supplementary and extraordinary credits, which will raise the total amount of the budgets to the charge of the last administration to 652,525,000 francs.
“PUBLIC WORKS.