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Disciplining the Market: Debt Imprisonment, Public Credit, and the Construction of Commercial Personhood in Revolutionary France
Published online by Cambridge University Press: 23 June 2014
Extract
In 1847, Raymond-Theodore Troplong, one of France's most distinguished legal minds, presented his recently finished work on debt imprisonment to Paris's prestigious Académie des sciences morales et politiques. He started his narrative with an imaginative reconstruction of debt imprisonment's origins in the “barbaric law” of “primitive peoples.” In such societies, Troplong explained, “the person responds corporally, and principally, to contracted engagements. On one hand, insolvency is assimilated to crime. The debtor who dishonors his word in not paying his creditor differs little from a thief. In dishonoring his word, he has dishonored the gods whom he has taken as witnesses of his oath; his body is therefore engaged by his offense; it belongs to its expiation. On the other hand, in order to make him pay with his possessions, the creditor must seize, first of all, his person.”
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References
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69. When the Bourse was reopened, the law of 13 fructidor an III (August 20, 1795) —an effort to crack down on illicit speculation—forbade all speculation other than that in the Bourse, under threat of having a placard on one's chest reading “AGIOTEUR. [stock-jobber]” See Marion, Histoire financière, 3:359.
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75. AN F 12 2469 mélanges: commerce “Discours des Ministère de Finance et Ministère de l'Interieur” (Paris: Bureau du Journal du Commerce, 1796), 5–6.
76. Ibid., 1.
77. See Hirsch, “Revolutionary France: Cradle of Free Enterprise.”
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83. For the history of government attempts to found a bank see Marion, Histoire financière, 3: 442–48.
84. AN F 12 2469 mélanges: commerce “Lettre écrite au Ministère des finances par les députés extraordinaires du commerce le 18 Nivôse de l'An V”.
85. On the impact of John Law, whose disastrous attempt to finance royal debt came to symbolize the evils of a speculative economy in French discourse for the next 150 years, see Spang, Rebecca, “The Ghost of Law: Speculating on Money, Memory and Mississippi in the French Constituent Assembly,” Historical Reflections/Réflexions historiques 31 (2005): 19–27Google Scholar.
86. Députés extraordinaires du commerce, “Lettre des députés extraordinaires du commerce, au Ministère des finances,” Le Moniteur universel, January 20, 1797, 481.
87. Michal, André, ed., Mallet du Pan to Court of Vienna, Correspondence du Mallet du Pan avec la cour de Vienne (1794–1798), Vol. II (Paris: Librarie Plon, 1884) letter C dated March 30, 1797Google Scholar.
88. “National Convention séance du 2 thermidor an III,” Le Moniteur universel, July 26, 1795, 1241.
89. “Députation de Bonne Nouvelle at the National Convention, séance du 24 thermidor an III,” Le Moniteur universel, August 16, 1795, 1324. The patente, as it was set up in 1798 and operated until reforms in the 1840s and 1850s, consisted of a two part droit fixe (based on the type of business and area where it operated) and a droit proportionnel based on the rent paid on the store. Theoretically, all businessmen paid such a task, though considerable evidence indicates that many practicing commercial trades managed to avoid it in the first decades of the nineteenth century. See Koepke, Robert “The loi des patentes of 1844,” French Historical Studies 11 (1980): 400Google Scholar.
90. One representative even suggested extending contrainte par corps to citizens who did not pay their taxes or contribute to the forced loan. See Edmond Louis Alexis Dubois-Crancé, “Opinion de Dubois-Crancé, sur les moyens de restauration du crédit public: séance du 7 ventôse, l'an IVe” (Paris: Imprimerie nationale, 1796).
91. Quoted in Livesey, James, Making Democracy in the French Revolution (Cambridge, MA: Harvard University Press, 2001), 64Google Scholar. It is highly unlikely that Robespierre said anything of the sort.
92. White, Eugene Nelson, “The French Revolution and the Politics of Government Finance, 1770–1815,” The Journal of Economic History 55 (1995): 248–50Google Scholar.
93. AN III 35 folio 123, Anonymous petition dated 8 pluviôse an VI (January 27, 1798).
94. Anonymous, A l'Assemblée des négocians convoqués à Paris par le gouvernement (Paris: imprimerie de Desenne, 1796), 4Google Scholar.
95. Ibid.
96. “Conseil de 500 séance du 3 ventôse an V,” Le Moniteur universel, February 24, 1797, 697. For Debry's belief in the need to establish republican mœurs, see Jainchild, Andrew, Reimagining Politics After the Terror: The Republic Origins of French Liberalism (Ithaca, NY: Cornell University Press, 2008), 62–68Google Scholar.
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98. “Conseil des 500 séance du 9 ventôse an V,” Moniteur universel, March 2, 1797, 647.
99. Ibid.
100. J.G.A. Pocock makes this argument in numerous works, notably fleshing out his terms in “The Mobility of Property and the Rise of Eighteenth-Century Sociology,” in Virtue, Commerce and History: Essays on Political Thought and History, Chiefly in the Eighteenth Century, ed. Pocock, John Greville Agard (Cambridge: Cambridge University Press, 1985), 103–24Google Scholar. For French variations on republicanism, see Baker, Keith Michael, “Transformations of Classical Republicanism in Eighteenth-Century France,” The Journal of Modern History 73 (2001): 32–53Google Scholar.
101. Originally, as Rebecca Spang has argued, the revolutionaries felt the assignat to possess a more “real” value than specie precisely because it was bound up with land, the source of wealth. See Spang, Rebecca, “The Ghost of Law: Speculating on Money, Memory and Mississippi in the French Constituent Assembly,” Historical Reflections/Réflexions historiques 31 (2005): 19–27Google Scholar.
102. Goldstein, Jan, The Post-Revolutionary Self: Politics and Psyche in France, 1750–1850 (Cambridge, MA: Harvard University Press), 46Google Scholar. For the importance of anxieties about credit in the construction of postrevolutionary selves, see pages 46–52.
103. On Jacobin political economy during the Terror, see Feher, Fereno, The Frozen Revolution: An Essay on Jacobinism (Cambridge: Cambridge University Press, 1987)Google Scholar.
104. “Conseil des Anciens séance du 21 ventôse an V,” Moniteur universel. March 16, 1797, 702.
105. “Conseil des Anciens séance du 20 ventôse an V,” Moniteur universel, March 13, 1797, 692.
106. Ibid.
107. Scott, William, “The Pursuit of ‘Interests’ in the French Revolution: A Preliminary Survey,” French Historical Studies, 19 (1996): 811–51Google Scholar.
108. “Conseil des Anciens séance du 18 ventôse an V” Moniteur universel, March 12, 1797, 687.
109. Ibid.
110. Ibid.
111. “Conseil des Anciens séance du 21 ventôse an V,” Moniteur universel, March 16, 1797, 702.
112. “Conseil des Anciens séance du 22 ventôse an V,” Moniteur universel, March 17, 1797, 707.
113. For an analysis of this see Shovlin, Political Economy, 63–65.
114. On the meanings of honor among businessmen in the eighteenth century see Smail, John, “Credit, Risk, and Honor in Eighteenth-Century Commerce,” Journal of British Studies 44 (2005): 439–56Google Scholar.
115. “Conseil des Anciens séance du 18 ventôse an V,” Moniteur universel, March 12 1797, 687.
116. Ibid.
117. “Conseil des Ancien séance du 23 ventôse an V,” Moniteur universel, March 18, 1797, 710.
118. “Conseil des Anciens séance du 24 ventôse an V,” Moniteur universel, March 19, 1797, 716.
119. “Conseil des Anciens séance du 20 ventôse an V,” Moniteur universel, March 13, 1797, 692.
120. Ibid.
121. The Code de procedure civile (1807) and the Law of 13 September 1807, which regulated debt imprisonment for foreigners, provided additional explanations of contrainte par corps. “Loi relative à la contrainte par corps,”Bulletin des Lois an VI 1 semestre N.1795. Paris police reports indicate nearly universal approval for the re-establishment of contrainte par corps, especially in business quarters. The public voiced hope that conventional loans would soon receive similar security. “Rapport du Bureau central du 10 ventôse an V” (AN BB3 85) printed in François Victor Alphonse Aulard, Paris sous le consulat: Recueil de documents pour l'histoire de l'esprit public à Paris (Paris: Léopold Cerf, 1906), 3:773.
122. “Rapport des censeurs à l'assemblée generale des actionnaires de la Banque de France, 1803,” quoted in Bergeron, Louis, “Profits et risques dans les affaires parisiennes à l'époque du Directoire et du Consulat,” Annales historiques de la révolution française 185 (1966): 388Google Scholar.
123. See Code civil (art. 2059–2070) and Code de procédure (art. 126 and 127).
124. Code de commerce 1807 Livre 1, art. 1.
125. The Paris Chamber of Commerce pointed to contrainte par corps and fraudulent bankruptcy proceeding: “it is there rather than in corporations” that should provide answers to the problem. See Chambre de Commerce de Paris, Rapport sur les jurandes et maîtrises; et sur un projet de statuts et règlemens pour MM. les Marchands de vin de Paris (Paris: Chambre de Commerce de Paris, 1805), 99Google Scholar. Petitions, however, frequently used martial metaphors to argue for the reintroduction of guilds. A “négociant” named Vauchelet compared commerce to a “military force, beaten, dispersed; still soldiers but no longer an army…As soon as a strong hand comes to assemble the soldiers and reunite these different bodies under a single flag, everyone will again take his place, security will reign where there was disorder.” AN F 12 971 B. The AN F 12 971 series contains several such letters. See also AN F 12 501 A “Lettre du Vauchelet au Ministère de l'Interieur,” September 10, 1807. There was apparently a good deal of support for this position. See also 30 brumaire an X Rapport de la Prefecture de Police du 1 frimaire an X reprinted in Alphone Aulard, Paris sous le Consulat, 2:619–21. On sentiment toward the guilds among Napoleon's elite see Sibalis, Michael, “Corporatism after the Corporations: The Debate on Restoring the Guilds under Napoleon I and the Restoration,” French Historical Studies 15 (1988): 718–30Google Scholar. For the continuing difficulty in regulating commerce without corporations and the role of the law in so doing, see Lemercier, Claire, “Discipliner le commerce sans corporations. La loi, le juge, l'arbitre et le commerçant à Paris au XIXe siècle,” Le Mouvement social, 224 (2008): 61–74Google Scholar.
126. Gorneau, Philippe-Joseph, Legras, Philippe and Roux, Vital, Révisions du projet de Code du Commerce, précédée de l'analyse raisonnée des observations du Tribunal de Cassation, des Tribunaux d'appel et Conseil de commerce, (Paris: Imprimerie de la République, 1803), 8Google Scholar. This was a hotly debated issue among the promulgators of the Code of Commerce. See, in particular, the minutes of their meetings in AN F 12 192 Procès–Verbaux Conseil général du Commerce XI-1806.
127. For subsequent elaboration on the legal categories covered by business and commercial law in the nineteenth and early twentieth centuries, see Hilaire, Jean, Introduction historique au droit commercial (Paris: Presses universitaires de France, 1986): 95–132Google Scholar. Tangi Noël notes that throughout the nineteenth century, the commercial tribunals had a much broader construction of the term commerçant than the criminal tribunals. See Noël, Tangi, “La notion de ‘commerçant’ d'après les procedures de faillite devant les tribunaux de commerce de Bretagne au XIXe siècle,” in Les Tribunaux de Commerce: Genèse et enjeux d'une institution (Paris: Association française pour l'histoire de la justice, 2007), 153–64Google Scholar. In AN F 12 2007, the minister of justice had been asked about the title commerçant and had said that this applied to “manufacturers, businessmen [négocians], merchants and bankers,” but not bakers, cobblers, tailors, woodworkers, and carriage and boat drivers, as they did not conduct commerce “properly speaking.” See “Note pour le Bureau du Commerce” (extract from Journal du commerce, October 22, 1809). However, given the number of the latter who were filing bankruptcies and would continue to do so throughout the century, this strict definition was not generally followed. See also Torre–Schaub, Marta, Essai sur la construction de la categorie de marché (Paris: Librairie générale de droit et de jurisprudence, 2002)Google Scholar.
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132. Mayret, Jules, “La Nouvelle prison pour dettes,” in Paris, ou Le livre des cent et un (Paris: Ladvocat, 1831–1834), 15:336Google Scholar.
133. “Chambre des Pairs: Bulletin de 2 mars,” Journal des débats politiques et litérraires, March 3, 1818, 3.
134. “Chambre des Pairs séance du 14 mars 1821,” Moniteur universel, March 24, 1821, 398.
135. “Chambre des députés addition a la séance du 26 février 1816,” Moniteur universel, February 29, 1816, 230.
136. Journal des débats politiques et littéraires, April 9, 1826, 2.
137. See, in particular, Foelix, Jean-Jacques Gaspard, Commentaire sur la loi du 17 avril 1832 relative à la contrainte par corps (Paris: G. Pissin, 1832)Google Scholar.
138. “Senat: séance du 27 mars 1867,” Moniteur universel, March 28, 1867, 635. In addition, my own investigation of the file Archives Banque de France 1069200401/ 218 Dossier: Contentieux, which reveals the Bank's participation in a few bankruptcies in the early nineteenth century, contains no evidence of involvement with debtors' prison. This is hardly surprising, given that the Bank only discounted commercial paper with three signatures, the last of which was generally another bank. It is more probable that the governors were concerned about commercial paper taken in by small banks.
139. Archives de la Banque de France (ABF) 1069200401/ 218 Dossier: contrainte par corps N. 34 “Conseil général 19 june 1848–22 June 1848.”
140. Ibid.
141. The small business community in particular mobilized in favor of debtors' prison: in an 1867 vote, 35 of the 42 Parisian small trade associations wanted to maintain contrainte par corps, most of them voting unanimously. See Bertrand, Clément, Pourquoi la contrainte par corps doit etre aboli suivi de nos bons huissiers, curieux details!!! (Paris: Chez l'Auteur, 1867), 36Google Scholar. The upper ranks of the business community were divided on the issue in 1867. For example, of the prior three presidents of the Parisian commercial court, all distinguished businessmen, two opposed abolition while suggesting modifications to the extant legislation. Ibid, 882. “Senat: Rapport fait par M. le premier president de Royer, au nom de la commission chargée d'examiner la loi relative à la contrainte par corps,” Moniteur universel, July 6, 1867, 880.
142. “Senat: séance du jeudi 18 juillet 1867,” Moniteur universel, July 19, 1867, 977.
143. Ibid.
144. “Senat: seance du jeudi 18 juillet 1867,” Moniteur universel, July 19, 1867, 978.
145. Brolles, Aperçus nouveaux sur la Contrainte par corps son rétablissement ou suppression de la faillite (Paris: E. Dentu, 1868), 8Google Scholar.
146. Ibid.
147. Potier, P.-E., De la contrainte par corps sous le régime républicain (Paris: Chez l'Auteur, 1851), 11.Google Scholar
148. Ibid, 18.
149. Ibid.
150. Bayle–Mouillard, Jean-Baptiste, De l'Emprisonnement pour dettes (Paris: Imprimerie royale, 1836), 94Google Scholar.
151. Stanziani, Alessandro, Rules of Exchange: French Capitalism in Comparative Perspective Eighteenth through Early Twentieth Centuries (Cambridge: Cambridge University Press, 2012), 41Google Scholar.
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