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The Arcades Project - Operi

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follies ofM€milmontant, the bizarre costumes and the ridiculous names had killed<br />

it." G. Pinet, Histoire de I 'Ecole poly technique. pp. 204-205. [VIDa.3]<br />

<strong>The</strong> idea for the Suez Canal goes back to Enfantin, who had sought a concession<br />

from the viceroy of Egypt Muhammad Ali and wanted to move there with forty<br />

pupils. England made sure that the concession was denied him. [UlOa,4]<br />

"Saint-Simon attempted to found an association to take advantage of the easy<br />

terms mandated by the decree ... of November 2, 1789, which made it possible<br />

to acquire national lands at a price that was payable in twelve annual installments<br />

by means of assignats. <strong>The</strong>se terms allowed for the acquisition, with modest<br />

capital, of a considerable spread of rural properties . ... 'Every financial speculation<br />

is based upon an investment of industry and an investment of funds. <strong>The</strong><br />

returns on a financial speculation should be divided in such a way that industry<br />

and capital have shares proportionate to the influence they exercised. In the<br />

speculation I entered on with M. de Redern, capital played only a secondary<br />

role:" <strong>The</strong> author cites a letter from Saint-Simon to Boissy-d'Anglas, dated November<br />

2, 1807; it contains indications as to ltis theory of the relations between<br />

capital, labor, and talent. Maxime Leroy, Les Speculationsfoncieres de Saint-Simon<br />

et ses querelles d'ajfoires avec son associe, Ie cmnte de Redern (paris

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