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See also: cotton See also: merchant at See also: Montpellier
.
In 1785 his See also: father retired, leaving the direction of the business to See also: Pierre and his two See also: brothers, but in 1788 Pierre turned aside to politics, and was sent by his See also: fellow-citizens as deputy suppleant to See also: Versailles, where he was little more than a spectator
.
In See also: January 1790 he returned to Montpellier, was elected a member of the See also: municipality, was one of the founders of the Jacobin See also: club in that city, and on the See also: flight of See also: Louis XVI. in 1791, he
See also: drew up a petition to invite the Constituent See also: Assembly to proclaim a republic,—the first in date of such petitions
.
Elected to the Legislative Assembly, Cambon became noted forhisindependence, his honesty and his ability in See also: finance
.
He was the most active member of the committee of finance and was often charged to verify the See also: state of the See also: treasury
.
Nothing could be more false than the See also: common opinion that as a financier his See also: sole expedient was to multiply the emissions of assignats
.
His remarkable speech of the 24th of See also: November 1791 is a convincing proof of his sagacity
.
In politics, while he held aloof from the clubs, and even from parties, he was an ardent defender of the new institutions
.
On the 9th of See also: February 1792, he succeeded in having a See also: law passed sequestrating the possessions of the emigres, and demanded, though in vain, the See also: deportation of refractory priests to French See also: Guiana
.
He was the last president of the Legislative Assembly
.
Re-elected to the See also: Convention, he opposed the pre-tensions of the Commune and the proposed See also: grant of
See also: money to the municipality of See also: Paris by the state
.
He denounced See also: Marat's placards as inciting to See also: murder, summoned See also: Danton to give an account of his See also: ministry, watched carefully over the furnishing of military supplies, and was a strong opponent of Dumouriez, in spite of the general's See also: great. popularity
.
Cambon then incurred the hatred of Robespierre by proposing the suppression of the pay to theSee also: clergy, which would have meant the separation of See also: church and state
.
His authority
See also: grew steadily
.
On the 15th of See also: December 1792 he got the Convention to adopt a proclamation to all nations in favour of a universal republic
.
In the trial of
Louis XVI. he voted for his See also: death, without See also: appeal or postponement
.
He attempted to prevent the creation of the Revolutionary Tribunal, but when called to the first Committee of Public Safety he worked on it energetically to organize the armies
.
On the 3rd of February 1793 he had decreed the emission of 800 millions of assignats, for the expenses of the war
.
His courageous intervention in favour of the See also: Girondists on the 2nd of See also: June 1793 served Robespierre as a pretext to prevent his re-election to the Committee of Public Safety
.
But Cambon soon came to the conclusion that the security of See also: France depended upon the See also: triumph of the See also: Mountain, and he did not hesitate to See also: accord his active co-operation to the second committee
.
He took an active share in the various expedients of the See also: government for stopping the depreciation of the assi gnats
.
He was responsible, especially, for the great operation known as the opening of the See also: Grand Livre (See also: August 24), which was designed to consolidate the public See also: debt by cancelling the stock issued under various conditions See also: prior to the Revolution, and issuing new stock of a See also: uniform character, so that all fund-holders should hold stock of the revolutionary government and thus be interested in its stability
.
Each fund-holder was to be entered in the Great See also: Book, or See also: register of the public debt, for the amount due to him every See also: year
.
The result of this measure was a rise in the face value of the assignats from 27% to 48 % by the end of the year
.
In matters of finance Cambon was now supreme; but his independence, his hatred of dictator-See also: ship, his protests against the excesses of the Revolutionary Tribunal, won him Robespierre's renewed suspicion, and on the 8th Thermidor Robespierre accused him of being See also: anti-revolutionary and an aristocrat
.
Cambon's proud and vehement reply was the See also: signal of the resistance to Robespierre's tyranny and the prelude to his fall
.
Cambon soon had reason to repent of that event, for he became one of those most violently attacked by the Thermidorian reaction
.
The royalist See also: pamphlets and the See also: journals of J
.
L
.
See also: Tallien attacked him with fury as a former Montagnard
.
He was charged with being responsible for the discredit of the assignats, and even accused of malversations
.
On the 21st of February 1795 the project which he presented to with-draw four milliards of assignats from circulation, was rejected, and on the 3rd of See also: April he was excluded from the committee of finance
.
On the 16th Germinal, Tallien procured a decree of accusation against him, but he was already in safety, taking See also: refuge probably at See also: Lausanne
.
In any See also: case he does not seem to have remained in Paris, although in the riot of the 1st Prairial some of the insurgents proclaimed him mayor
.
The amnesty of the 4th See also: Brumaire of the year IV
.
(the 5th of See also: October 1795), permitted him to return to France, and he withdrew to his estate of Terral near Montpellier, where, during the See also: White Terror, he had a narrow escape from an attempt upon his
See also: life
.
At first Cambon hoped to find in See also: Bonaparte the saviour of the republic, but, deceived by the 18th Brumaire, he lived throughout the whole of the See also: empire in peaceful seclusion
.
During the See also: Hundred Days he was deputy for See also: Herault in the chamber of representatives, and pronounced himself strongly against the return of the Bourbons, and for religious freedom
.
Under the Restoration the " amnesty " law of 1816 condemned him as a regicide to exile, and he withdrew to Belgium, to St See also: Jean-Ten-Noode, near Brussels, where he died on the 15th of February 1820
.
(R
.
A
.
*)
See Bornarel, Cambon (Paris)
.
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