The plan for the sacrifice of property is no longer based upon the calculation of revenue; the plan itself, however, is to be maintained unaltered. The financial bill to be presented to the National Assembly

Abstract

It is true that all those of us who advocated the sacrifice of property, had in mind the estimate of the German property of that time. There would be no sense in not making full use of these figures. If a financial measure is proposed, the reader wants to know what result it will have. People will understand much better if, instead of avoiding figures altogether, the rates or percentages are given. Not one of us has ever made the advisability of the sacrifice of property dependent on these estimates. As the whole plan arose in connection with the redemption of the war loan, it was but natural for us to take the war loan into account. Today we have nothing on which we can base the estimation of the future national debt, and for this reason alone the calculations are independent of the war loan¹).