The defection of the French Guards, with the repugnance of the other

troops to march against the capital, put a stop for the present to the

projects of the Court. In the mean time the populace had assembled at

the Hotel de Ville, and loudly demanded the sounding of the tocsin and

the arming of the citizens. Several highly respectable individuals also

met here, and did much good in repressing a spirit of violence and

mischief. They could not, however, effect everything. A number of

disorderly people and of workmen out of employ, without food or place of

abode, set fire to the barriers, infested the streets, and pillaged

several houses in the night between the 12th and 13th.

The departure of Necker, which had excited such a sensation in the

capital, produced as deep an impression at Versailles and on the

Assembly, who manifested surprise and indignation, but not dejection.

Lally Tollendal pronounced a formal eulogium on the exiled minister.

After one or two displays of theatrical vehemence, which is inseparable

from French enthusiasm and eloquence, they despatched a deputation to

the King, informing him of the situation and troubles of Paris, and

praying him to dismiss the troops and intrust the defence of the capital

to the city militia. The deputation received an answer which amounted to

a repulse. The Assembly now perceived that the designs of the Court

party were irrevocably fixed, and that it had only itself to rely upon.

It instantly voted the responsibility of the ministers and of all the

advisers of the Crown, "of whatsoever rank or degree."

This last clause was pointed at the Queen, whose influence was greatly

dreaded. They then, from an apprehension that the doors might be closed

during the night in order to dissolve the Assembly, declared their

sittings permanent. A vice-president was chosen, to lessen the fatigue

of the Archbishop of Vienne. The choice fell upon Lafayette. In this

manner a part of the Assembly sat up all night. It passed without

deliberation, the deputies remaining on their seats, silent, but calm

and serene. What thoughts must have revolved through the minds of those

present on this occasion! Patriotism and philosophy had here taken up

their sanctuary. If we consider their situation; the hopes that filled

their breasts; the trials they had to encounter; the future destiny of

their country, of the world, which hung on their decision as in a

balance; the bitter wrongs they were about to sweep away; the good they

had it in their power to accomplish--the countenances of the Assembly

must have been majestic, and radiant with the light that through them

was about to dawn on ages yet unborn. They might foresee a struggle, the

last convulsive efforts of pride and power to keep the world in its

wonted subjection--but that was nothing--their final triumph over all

opposition was assured in the eternal principles of justice and in their

own unshaken devotedness to the great cause of mankind! If the result

did not altogether correspond to the intentions of those firm and

enlightened patriots who so nobly planned it, the fault was not in them,

but in others.

At Paris the insurrection had taken a more decided turn. Early in the

morning the people assembled in large bodies at the Hotel de Ville; the

tocsin sounded from all the churches; the drums beat to summon the

citizens together, who formed themselves into different bands of

volunteers. All that they wanted was arms. These, except a few at the

gunsmiths' shops, were not to be had. They then applied to M. de

Flesselles, a provost of the city, who amused them with fair words. "My

children," he said, "I am your father!" This paternal style seems to

have been the order of the day. A committee sat at the Hotel de Ville to

take measures for the public safety. Meanwhile a granary had been broken

open: the Garde-Meuble had been ransacked for old arms; the armorers'

shops were plundered; all was a scene of confusion, and the utmost

dismay everywhere prevailed. But no private mischief was done. It was a

moment of popular frenzy, but one in which the public danger and the

public good overruled every other consideration. The grain which had

been seized, the carts loaded with provisions, with plate or furniture,

and stopped at the barriers, were all taken to the Greve as a public

depot.

The crowd incessantly repeated the cry for arms, and were pacified by an

assurance that thirty thousand muskets would speedily arrive from

Charleville. The Duc d'Aumont was invited to take the command of the

popular troops; and on hesitating, the Marquis of Salle was nominated in

his stead. The green cockade was exchanged for one of red and blue, the

colors of the city. A quantity of powder was discovered, as it was

about to be conveyed beyond the barriers; and the cases of fire-arms

promised from Charleville turned out, on inspection, to be filled with

old rags and logs of wood. The rage and impatience of the multitude now

became extreme. Such perverse, trifling, and barefaced duplicity would

be unaccountable anywhere else; but in France they pay with promises;

and the provost, availing himself of the credulity of his audience,

promised them still more arms at the Chartreux. To prevent a repetition

of the excesses of the mob, Paris was illuminated at night and a patrol

paraded the streets.

The following day, the people being deceived as to the convoy of arms

that was to arrive from Charleville, and having been equally

disappointed in those at the Chartreux, broke into the Hospital of

Invalids, in spite of the troops stationed in the neighborhood, and

carried off a prodigious number of stands of arms concealed in the

cellars. An alarm had been spread in the night that the regiment

quartered at St. Denis was on its way to Paris, and that the cannon of

the Bastille had been pointed in the direction of the street of St.

Antoine. This information, the dread which this fortress inspired, the

recollection of the horrors which had been perpetrated there, its very

name, which appalled all hearts and made the blood run cold, the

necessity of wresting it from the hands of its old and feeble

possessors, drew the attention of the multitude to this hated spot. From

nine in the morning of the memorable July 14th, till two, Paris from one

end to the other rang with the same watchword: "To the Bastille! To the

Bastille!" The inhabitants poured there in throngs from all quarters,

armed with different weapons; the crowd that already surrounded it was

considerable; the sentinels were at their posts, and the drawbridges

raised as in war-time.

A deputy from the district of St. Louis de la Culture, Thuriot de la

Rosiere, then asked to speak with the governor, M. Delaunay. Being

admitted into his presence, he required that the direction of the cannon

should be changed. Three guns were pointed against the entrance, though

the governor pretended that everything remained in the state in which it

had always been. About forty Swiss and eighty Invalids garrisoned the

place, from whom he obtained a promise not to fire on the people unless

they were themselves attacked. His companions began to be uneasy and

called loudly for him. To satisfy them, he showed himself on the

ramparts, from whence he could see an immense multitude flocking from

all parts, and the Faubourg St. Antoine advancing as it were in a mass.

He then returned to his friends and gave them what tidings he had

collected.

But the crowd, not satisfied, demanded the surrender of the fortress.

From time to time the angry cry was repeated: "Down with the Bastille!"

Two men, more determined than the rest, pressed forward, attacked a

guard-house, and attempted to break down the chains of the bridge with

the blows of an axe. The soldiers called out to them to fall back,

threatening to fire if they did not. But they repeated their blows,

shattered the chains, and lowered the drawbridge, over which they rushed

with the crowd. They threw themselves upon the second bridge, in the

hopes of making themselves masters of it in the same manner, when the

garrison fired and dispersed them for a few minutes. They soon, however,

returned to the charge; and for several hours, during a murderous

discharge of musketry, and amid heaps of the wounded and dying, renewed

the attack with unabated courage and obstinacy, led on by two brave men,

Elie and Hulia, their rage and desperation being inflamed to a pitch of

madness by the scene of havoc around them. Several deputations arrived

from the Hotel de Ville to offer terms of accommodation; but in the

noise and fury of the moment they could not make themselves heard, and

the storming continued as before.

The assault had been carried on in this manner with inextinguishable

rage and great loss of blood to the besiegers, though with little

progress made, for above four hours, when the arrival of the French

Guards with cannon altered the face of things. The garrison urged the

governor to surrender. The wretched Delaunay, dreading the fate which

awaited him, wanted to blow up the place and bury himself under the

ruins, and was advancing for this purpose with a lighted match in his

hand toward the powder-magazine, but was prevented by the soldiers, who

planted the white flag on the platform, and reversed their arms in token

of submission. This was not enough for those without. They demanded with

loud and reiterated cries to have the drawbridges let down; and on an

assurance being given that no harm was intended, the bridges were

lowered and the assailants tumultuously rushed in. The endeavors of

their leaders could not save the governor or a number of the soldiers,

who were seized on by the infuriated multitude, and put to death for

having fired on their fellow-citizens.

Thus fell the Bastille; and the shout that accompanied its downfall was

echoed through Europe, and men rejoiced that "the grass grew where the

Bastille stood!" Earth was lightened of a load that oppressed it, nor

did this ghastly object any longer startle the sight, like an ugly

spider lying in wait for its accustomed prey, and brooding in sullen

silence over the wrongs which it had the will, though not the power, to

inflict.

[The Bastille was taken about a quarter before six o'clock

in the evening (Tuesday, July 14th), after a four-hours'

attack. Only one cannon was fired from the fortress, and

only one person was killed among the besieged. The garrison

consisted of 82 Invalids, 2 cannoneers, and 32 Swiss. Of the

assailants, 83 were killed on the spot, 60 were wounded, of

whom 15 died of their wounds, and 13 were disabled. A great

many barrels of gunpowder had been conveyed here from the

arsenal, in the night between the 12th and 13th. Delaunay,

the governor, was killed on the steps of the Hotel de Ville,

as also Delosme, the mayor. Only seven prisoners were found

in the Bastille; four of these, Pujade, Bechade, La Roche,

and La Caurege, were for forgery. M. de Solages was put in

in 1782, at the desire of his father, since which time every

communication from without was carefully withheld from him.

He did not know the smallest event that had taken place in

all that time, and was told by the turnkey, when he heard

the firing of the cannon, that it was owing to a riot about

the price of bread. M. Tavernier, a bastard son of Paris

Duverney, had been confined ever since August 4, 1759. The

last prisoner was a Mr. White, who went mad, and it could

never be discovered who or what he was: by the name he must

have been English.

When Lord Albemarle was ambassador at Paris, in the year

1753, he by mere accident caught a sight of the list of

persons confined in the Bastille, lying on the table of the

French minister, with the name of Gordon at their head.

Being struck with the circumstance, he inquired into the

meaning of it; but the French minister could give no account

of it; and on the prisoner himself being released and sent

for, he could only state that he had been confined there

thirty years, but had not the slightest knowledge or

suspicion of the cause for which he had been arrested. Nor

is this wonderful, when we consider that _lettres de cachet_

were sold, with blanks left for the names to be filled up at

the pleasure or malice of the purchasers.

If it was only to prevent the recurrence of one such

instance (with the feeling in society at once shrinking from

and tamely acquiescing in it), the Revolution was well

purchased. When the crowd gained possession of this

loathsome spot, they eagerly poured into every corner and

turning of it, went down into the lowest dungeons with a

breathless curiosity and horror, knocking with

sledge-hammers at their triple portals, and breaking down

and destroying everything in their way. The stones and

devices on the battlements were torn off and thrown into the

ditch, and the papers and documents were at the same time

unfortunately destroyed.

A low range of dungeons was discovered underground, close to

the moat; and so contrived that, if those within had forced

a passage through, they would have let in the water of the

ditch and been suffocated. In one of these a skeleton was

found hanging to an iron cramp in the wall. In reading the

accounts of the demolition of this building, one feels that

indignation should have melted the stone walls like flax,

and that the dungeons should have given up their dead to

assist the living!

The Bastille was begun in 1370, in Charles V's time, by one

Hugh Abriot, provost of the city, who was afterward shut up

in it in 1381. It at first consisted only of two towers: two

more were added by Charles VI, and four more in 1383. Two

days after it was taken, it was ordered by the National

Assembly to be razed to the ground, and in May, 1790, not a

trace of it was left.--ED.]

The stormers of the Bastille arrived at the Place de la Greve, rending

the air with shouts of victory. They marched on to the great hall of the

Hotel de Ville, in all the terrific and unusual pomp of a popular

triumph. Such of them as had displayed most courage and ardor were borne

on the shoulders of the rest, crowned with laurel. They were escorted up

the hall by near two thousand of the populace, their eyes flaming, their

hair in wild disorder, variously accoutred, pressing tumultuously on

each other, and making the heavy floors almost crack beneath their

footsteps. One bore the keys and flag of the Bastille, another the

regulations of the prison brandished on the point of a bayonet; a

third--a thing horrible to relate!--held in his bloody fingers the

buckle of the governor's stock. In this order it was that they entered

the Hotel de Ville to announce their victory to the Committee, and to

decide on the fate of their remaining prisoners, who, in spite of the

impatient cries to give no quarter, were rescued by the exertions of the

commandant La Salle, Moreau de St. Mery, and the intrepid Elie.

Then came the turn of the despicable Flesselles, that caricature of

vapid, frothy impertinence, who thought he could baffle the roaring

tiger with grimace and shallow excuses. "To the Palais-Royal with him!"

was the word; and he answered with callous indifference, "Well, to the

Palais-Royal if you will." He was hemmed in by the crowd and borne along

without any violence being offered him to the place of destination; but

at the corner of the Quai le Pelletier an unknown hand approached him

and stretched him lifeless on the spot with a pistol-shot. During the

night succeeding this eventful day Paris was in the greatest agitation,

hourly expecting, in consequence of the statements of intercepted

letters, an attack from the troops. Every preparation was made to defend

the city. Barricades were formed, the streets unpaved, pikes forged, the

women piled stones on the tops of houses to hurl them down on the heads

of the soldiers, and the National Guard occupied the outposts.

While all this was passing, and before it became known at Versailles,

the Court was preparing to carry into effect its designs against the

Assembly and the capital. The night between the 14th and 15th was fixed

upon for their execution. The new minister, Breteuil, had promised to

reestablish the royal authority within three days. Marshal Broglie, who

commanded the army round Paris, was invested with unlimited powers. The

Assembly, it was agreed upon, were to be dissolved, and forty thousand

copies of a proclamation to this effect were ready to be circulated

throughout the kingdom. The rising of the populace was supposed to be a

temporary evil, and it was thought to the last moment an impossibility

that a mob of citizens should resist an army. The Assembly was duly

apprised of all these projects. It sat for two days in a state of

constant inquietude and alarm. The news from Paris was doubtful. A

firing of cannon was supposed to be heard, and persons anxiously placed

their ears to the ground to listen. The escape of the King was also

expected, as a carriage had been kept in readiness, and the bodyguard

had not pulled off their boots for several days.

In the orangery belonging to the palace, meat and wine had been

distributed among the foreign troops to encourage and spirit them up.

The Viscount of Noailles and another deputy, Wimpfen, brought word of

the latest events in the capital, and of the increasing violence of the

people. Couriers were despatched every half-hour to gather intelligence.

Deputations waited on the King to lay before him the progress of the

insurrection, but he still gave evasive and unsatisfactory answers. In

the night of the 14th the Duke of Liancourt had informed Louis XVI of

the taking of the Bastille and the massacre of the garrison on the

preceding day. "It is a revolt!" exclaimed the monarch, taken by

surprise. "No, sire, it is a revolution," was the answer.

FOOTNOTES:

[33] Edmund Burke passed a splendid and well-known eulogium on the

beauty and accomplishments of the Queen, and it was in part the

impression which her youthful charms had left in his mind that threw the

casting-weight of his talents and eloquence into the scale of opposition

to the French Revolution. I have heard another very competent judge, Mr.

Northcote, describe her entering a small anteroom, where he stood, with

her large hoop sideways, and gliding by him from one end to the other

with a grace and lightness as if borne on a cloud. It was possibly to

"this air with which she trod or rather disdained the earth," as if

descended from some higher sphere, that she owed the indignity of being

conducted to a scaffold. Personal grace and beauty cannot save their

possessors from the fury of the multitude, more than from the raging

elements, though they may inspire that pride and self-opinion which

expose them to it.

[34] It was observed that almost all the greatest cruelties of the Reign

of Terror were resolved on by committees of persons who had been in the

immediate employment of the great, and had suffered by their caprice and

insolence.

ESTABLISHMENT OF THE UNITED STATES BANK

A.D. 1791

ALEXANDER HAMILTON AND LAWRENCE LEWIS, JR.

Through the founding of the first Bank of the United States,

which existed from 1791 to 1811, and was succeeded by

another national bank in 1817, the monetary affairs of the

Republic, under Hamilton's able administration, were placed

upon a sounder basis, and the transaction of public business

was greatly facilitated.

During the seventeenth century Indian money (wampum) was

much used by the colonists, especially in their trade with

the Indians. For a long time it was a legal tender in common

with other currencies. The earliest American coinage is said

to date from 1612. In Massachusetts, the "pine-tree"

money--silver coins bearing the emblem of a pine-tree--was

used from 1652 to 1686. Soon began the issue of various

paper moneys in the colonies, and the establishment of banks

under the colonial governments. The "Continental currency"

of the Revolution, first issued in 1775 by authority of the

Continental Congress, began to depreciate almost as soon as

it appeared, and in 1780 ceased to circulate.

In 1780 the Pennsylvania Bank, in Philadelphia, began to

assist the Government, and rendered useful service until

1784. But the need of a national bank had already become

evident. Robert Morris, Superintendent of Finance for the

United States, secured the organization, at Philadelphia, of

the Bank of North America, with a capital of four hundred

thousand dollars. It was incorporated by Congress in

December, 1781, and soon after by the State of Pennsylvania.

Its success led to the founding of the Bank of New York in

1784.

On the organization of the Government under the Federal

Constitution, the genius of Alexander Hamilton was called

into service for the work of constructive statesmanship.

From 1789 to 1795 he was Secretary of the Treasury; and one

of his first acts, as shown by Lewis, was the unfolding of a

plan which led to the establishment of the first Bank of the

United States.

In March, 1789, a great and fortunate change took place in the

management of American public affairs. The Constitution of the United

States went into operation. A vigorous, responsible executive was

conferred upon the country, and an incredible impulse given to all

schemes of national importance. Among those now called upon to take part

in the administration of public affairs was Alexander Hamilton. Placed

in charge of the Department of the Treasury, he found before him the

prodigious task of settling the financial affairs of the United States

upon a sure and satisfactory basis. Toward the attainment of this end no

measure seemed more important to him than his old and favorite one for

the establishment of a national bank. Without loss of time he devised a

plan for such an institution which seemed to him practicable, and in

1790 spread before Congress the result of his labors.

"The establishment of banks in this country," says Hamilton in the

course of his report, "seems to be recommended by reasons of a peculiar

nature. Previously to the Revolution, circulation was in a great measure

carried on by paper emitted by the several local governments. This

auxiliary may be said to be now at an end. And it is generally supposed

that there has been for some time past a deficiency of circulating

medium.

"If the supposition of such a deficiency be in any degree founded, and

some aid to circulation be desirable, it remains to inquire what ought

to be the nature of that aid.

"The emitting of paper money by the authority of government is wisely

prohibited to the individual States by the national Constitution; and

the spirit of that prohibition ought not be disregarded by the

Government of the United States.

"Among other material differences between a paper currency issued by the

mere authority of Government, and one issued by a bank, payable in coin,

is this: that in the first case there is no standard to which an appeal

can be made, as to the quantity which will only satisfy or which will

surcharge the circulation; in the last, that standard results from the

demand. If more should be issued than is necessary, it will return upon

the bank. Its emissions must always be in a compound ratio to the fund

and the demand. Whence it is evident that there is a limitation in the

nature of the thing; while the discretion of the Government is the only

measure of the extent of the emissions by its own authority.

"The payment of the interest of the public debt at thirteen different

places is a weighty reason, peculiar to our immediate situation, for

desiring a bank circulation. Without a paper, in general currency,

equivalent to gold and silver, a considerable proportion of the specie

of the country must always be suspended from circulation, and left to

accumulate preparatorily to each day of payment; and as often as one

approaches, there must in several cases be an actual transportation of

the metals at both expense and risk, from their natural and proper

reservoirs, to distant places."

The report then goes on to explain the practical details of the plan

proposed.

The measure met generally with popular applause, but there were some who

doubted its wisdom. Among other difficulties that were thrown in its

path was a suggestion that a new bank was quite unnecessary, since an

institution was in existence which owed its origin to national bounty,

and which had already, upon more than one occasion, manifested both its

readiness and ability to extend a helping hand to the Government. With

this objection Hamilton dealt most courteously.

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