The excerpt represents the core issue or deciding factor on which you must meditate, and is drawn from The Firm of Nucingen by Honore de Balzac:|
francs, and a conscientious Robert Lindet that could make nothing out
of assignats and national property, or one of the virtuous imbeciles
who ruined Louis XVI.? Go on, Bixiou."
"I will not go into the details of the speculation which we owe to
Nucingen's financial genius. It would be the more inexpedient because
the concern is still in existence and shares are quoted on the Bourse.
The scheme was so convincing, there was such life in an enterprise
sanctioned by royal letters patent, that though the shares issued at a
thousand francs fell to three hundred, they rose to seven and will
reach par yet, after weathering the stormy years '27, '30, and '32.
The financial crisis of 1827 sent them down; after the Revolution of