FOOTNOTES:

[70] Remarks as presiding officer at a luncheon given in honor of the members of the Anglo-French Credit and Finance Commission, at the Hotel Knickerbocker, New York, October 1, 1915.

[71] France in the American Revolution, p. 498; see also the introduction by Ambassador Jusserand, p. xv. The accuracy of these figures has not been independently verified. An examination of the late Mr. Perkins' papers does not disclose the source of his statement. The French archives show a direct expenditure of 1,507,500,000 livres, but these figures do not include payments made in and after the year 1783. Professor Marion of the Collège de France is of opinion that the total expenditure probably reached 2,000,000,000 livres. Marion, Histoire Financière de la France, 1715-1789, vol. I, p. 303, Paris, 1914; see also Gomel, Les Causes Financières de la Révolution Française, vol. II, p. 36, Paris, 1893. Fiske, in his Critical Period, p. 35, states the expenditure to have been 1,400,000,000 francs.

[72] M. Homberg replied in French, and Mr. Guthrie then continued as above.