William Godwin's Diary


In April 1789 assignats (bonds secured on the value of nationalized church lands) became legal tender despite finance minister Necker’s opposition and he eventually resigned after sustained attacks from figures such as Marat and Mirabeau. On the 29 September the value of assignats in circulation was tripled to 1.2 billion livres. The general instability to which this contributed led to an unsuccessful motion to dismiss the king’s ministers.

See William Doyle, The Oxford History of the French Revolution, 2nd edn (Oxford: Oxford University Press, 2002), pp. 133-34 and Barbara Luttrell, Mirabeau (Hemel Hempstead: Harvester Wheatsheaf, 1990), pp. 225-30.