the world in 1812
382
1810. In that year, the yield of the ‘combined duties’ seems to have been
considerably greater than that of the direct taxes, not to mention the customs.
There was active public discontent, and more than one disturbance. Property
owners, for their part, noted that the relief in direct taxation was no more
than apparent, for a share of state expenses had been transferred to local
fi nance – for example, a proportion of the Church expenses, the property
register, canals and casual wards; and, in 1810, half the préfets ’ salaries. When
the extra centimes were taken into account, the Côtes-du-Nord, which had
paid out 2,489,000 francs in Year IX, paid 3,423,000 in 1813. Moreover, in
order to make existence possible for the municipalities, the local tolls had to
be increased in number. Besides, there was much coming and going of
troops, who had to be billeted, and more than one of the préfets – Molé, for
example – reinstituted forced labour on the roads. Although Napoleon was
very economical, the situation – taken all round – was that he increased the
fi nancial load on the French nation. Civil expenses did not fi gure largely in
this increase. In the départements, the various services were so poorly
provided with money that there was little progress in the roads, schools and
public assistance. In the Côtes-du-Nord, much paperwork was necessary in
order to restrict the various plans, through shortage of funds. From 1807
onwards some thirty-seven million were allotted to public works; but not
many regions benefi ted. The increase came chiefl y from the civil list, Church
dues, the national debt and above all the war, which still absorbed fi fty to
sixty per cent of all receipts, if not more, in spite of the large contribution
made by the enemy.
If the treasury escaped the foregoing risks thanks to the reforms of 1806,
it was nonetheless never in a comfortable position through lack of borrowing
powers. This constituted the essential difference between English and French
fi nance, even more than before 1789. The sinking fund was the only depart-
ment to succeed in issuing some millions of bonds. Although it managed to
fi nd the interest, and although Napoleon bought some on behalf of the
Legion of Honour, senatorships and inalienable endowments that he
dispensed – to such an extent that in 1809 only thirty-three out of the fi fty-
eight million were in private hands, and that the market was becoming
more and more restricted – the market rate remained low and the position
weak. And so various expedients were tried: there was an increase in
premiums; a little money was minted; and in 1807 and 1810 the war fund
provided eighty-four, and subsequently forty-fi ve, million. But the favourite
method continued to be to assign the payment of contractors to particular
funds, and to make them wait for their proceeds to be realised, an old ancien
régime device that led to speculative interest rates and misappropriation; or to