On the 21st of February 1795 the project which he presented to withdraw four milliards of assignats from circulation, was rejected, and on the 3rd of April he was excluded from the committee of finance.
The total turnover of the Imperial Bank was, in the first year of its foundation, 13/4 milliards pounds sterling; and, in 1899, 90 milliards.
He carried a great scheme for the gradual acquisition of the railways by the state and the construction of new lines at a cost of three milliards, and for the development of the canal system at a further cost of one milliard.
A very clever Scotch adventurer named John Law now offered his assistance in dealing with the enormous debt of more than three milliards, and in providing the treasury.
The destruction of the plate for printing assignats, on the 18th of February 1796, did not prevent the drop in the forty milliards still in circulation.