Henry M. Baird · 303 of 379
CHAPTER XI · Written demands of the tiers état.
If the harangue of the orator of the third estate was alarming to the clergy, its written demands were little calculated to reassure them. For of several propositions made for the payment of the public debts from the ecclesiastical property, none were very satisfactory to the priests. According to one, all benefices were to be laid under contribution. The holders of the lowest in valuation were to give up one-fourth of their revenues; the holders of more valuable benefices a larger proportion; while the high dignitaries of the church were to be limited to a yearly stipend of six thousand livres for bishops, eight thousand for archbishops, and twelve thousand for cardinals. But the most obnoxious scheme was one proposing an innovation of a very radical character. The aggregate revenues of the temporalities of the Gallican Church were estimated at four million livres; the temporalities themselves were worth one hundred and twenty millions. It was gravely proposed to dispose of all this property by sale. Forty-eight millions might be reserved, which, if invested at the usual rate of one-twelfth, or eight and a-third per cent., would secure to the clergy the revenue they now enjoyed. Forty-two millions would be required to pay off the debts of the crown. The remaining thirty millions might be deposited with the chief cities of the kingdom, to be loaned out to foster the development of commerce; while the moderate interest thus obtained would suffice to fortify the frontiers and support the soldiery.