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The Jeffersonian cyclopedia;

a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.;

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7532. REVOLUTION (French), National debt.—
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7532. REVOLUTION (French), National debt.—

Calonné stated to * * * [the Assembly of Notables] that the annual
excess of expenses beyond the revenue, when
Louis XVI. came to the throne, was thirtyseven
millions of livres; that four hundred and
forty millions had been borrowed to reestablish
the navy; that the American war had cost
them fourteen hundred and forty millions (two
hundred and fifty-six millions of dollars), and
that the interest of these sums, with other increased
expenses had added forty millions more
to the annual deficit. (But a subsequent and
more candid estimate made it fifty-six millions .)—
Autobiography. Washington ed. i, 70. Ford ed., i, 97.