off.

There are two sorts of national property, one of first origin (that of the clergy), and the other of second origin (that of the emigres).

The latter is much more depreciated than the former.

Compared with patrimonial property, in Aisne, the former loses a fifth or a quarter of its value and the latter a third; in Loiret, the former loses a quarter and the latter one-half; in Seine-et-Oise the former loses one-third and the latter three-fifths; in Oise the former is at about par, the latter loses a quarter .-- Roederer, III., 472 (December 1803).

Depreciation of national property in Normandy: "But little is bought above 7 %.