Through the depreciation of paper-money, the indolent land-owner or capitalist sees his income melting away in his hands; his receipts consist only of nominal values.

On the 1st of January, his tenant pays him really for a half term instead of a full term; on the 1st of March, his farmer settles his account with a bag of grain.[2148] The effect is just the same as if we had made fresh contracts, and reduced by one-half, three-quarters, or, even more, the rate of interest on loans, the rent of houses and the leases of farm lands .-- Whilst the revenue of the landlord evaporates, his capital melts away, and we do the best we can to help this along.

If he has claims on ancient corporations or civil and religious establishments of any description, whether provincial governments, congregations, associations, endowments or hospitals, we withdraw his special guarantee; we convert his title-deeds into a state annuity, we combine his private fortune with the public fortune whether he will or not, we drag him into the universal bankruptcy, toward which we are conducting all the creditors of the Republic.[2149]--Besides, to ruin him, we have more direct and prompt means.

If an emigre, and there are hundreds of thousands of emigres, we confiscate his possessions.

If he has been guillotined or deported, and there are tens of thousands of these, we confiscate his possessions.
If he is "recognized as an enemy of the Revolution,"[2150] and "all the rich pray for the counter-revolution,"[2151] we sequestrate his property, enjoying the usufruct of it until peace is declared, and we shall have the property after the war is over.