L'Argent
Encyclopedia
L'Argent is the eighteenth novel in the Rougon-Macquart
Les Rougon-Macquart
Les Rougon-Macquart is the collective title given to a cycle of twenty novels by French writer Émile Zola. Subtitled Histoire naturelle et sociale d'une famille sous le Second Empire , it follows the life of a fictional family living during the Second French Empire and is an example of French...

 series by Émile Zola
Émile Zola
Émile François Zola was a French writer, the most important exemplar of the literary school of naturalism and an important contributor to the development of theatrical naturalism...

. It was serialized in the periodical Gil Blas
Gil Blas (periodical)
Gil Blas was a Parisian literary periodical founded by Augustin-Alexandre Dumont in November 1879. It was in publication until 1914...

beginning in November 1890 before being published in novel form by Charpentier et Fasquelle in March 1891. It was translated into English (as Money) by Benjamin Tucker
Benjamin Tucker
Benjamin Ricketson Tucker was a proponent of American individualist anarchism in the 19th century, and editor and publisher of the individualist anarchist periodical Liberty.-Summary:Tucker says that he became an anarchist at the age of 18...

 in 1891 and by Ernest A. Vizetelly in 1894 (new edition 1904; reprinted 1991 and 2007).

The novel focuses on the financial world of the Second French Empire
Second French Empire
The Second French Empire or French Empire was the Imperial Bonapartist regime of Napoleon III from 1852 to 1870, between the Second Republic and the Third Republic, in France.-Rule of Napoleon III:...

 as embodied in the Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

 Bourse
Paris Bourse
The Paris Bourse is the historical Paris stock exchange, known as Euronext Paris from 2000 onwards.-History and functioning:...

 and exemplified by the fictional character of Aristide Saccard. Zola's intent was to show the terrible effects of speculation
Speculation
In finance, speculation is a financial action that does not promise safety of the initial investment along with the return on the principal sum...

 and fraudulent company promotion, the culpable negligence of company directors, and the impotency of contemporary financial laws.

Aristide Saccard (b. 1815 as Aristide Rougon) is the youngest son of Pierre and Félicité Rougon. He is first introduced in La fortune des Rougon
La Fortune des Rougon
La Fortune des Rougon, originally published in 1871, is the first novel in Émile Zola's monumental twenty-volume series Les Rougon-Macquart...

.
L'argent is a direct sequel to La curée
La Curée
La Curée is the second novel in Émile Zola's twenty-volume series Les Rougon-Macquart. It deals with property speculation and the lives of the extremely wealthy Nouveau riche of the Second French Empire, against the backdrop of Baron Haussmann's reconstruction of Paris in the 1850s and...

(published in 1871), which details Saccard's first rise to wealth using underhanded methods. Sensing his unscrupulous nature, his brother Eugène Rougon prompts Aristide to change his surname from Rougon to Saccard.

Aristide's other brother Pascal is the main character of Le docteur Pascal. He also has two sisters: Sidonie, who appears in La curée, and Marthe, one of the protagonists of La conquête de Plassans
La Conquête de Plassans
La Conquête de Plassans is the fourth novel in Émile Zola's twenty-volume series Les Rougon-Macquart. In many ways a sequel to the first novel in the cycle, La Fortune des Rougon , this novel is again centred on the fictional Provençal town of Plassans and its plot revolves around a sinister...

.

Plot summary

The novel takes place in 1864-1869, beginning a few months after the death of Saccard's second wife Renée (see La curée). Saccard is bankrupt
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

 and an outcast among the Bourse financier
Financier
Financier is a term for a person who handles typically large sums of money, usually involving money lending, financing projects, large-scale investing, or large-scale money management. The term is French, and derives from finance or payment...

s. Searching for a way to reestablish himself, Saccard is struck by plans developed by his upstairs neighbor, the engineer Georges Hamelin, who dreams of restoring Christianity
Christianity
Christianity is a monotheistic religion based on the life and teachings of Jesus as presented in canonical gospels and other New Testament writings...

 to the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

 through great public works: rail lines linking important cities, improved roads and transportation, renovated eastern Mediterranean
Mediterranean Sea
The Mediterranean Sea is a sea connected to the Atlantic Ocean surrounded by the Mediterranean region and almost completely enclosed by land: on the north by Anatolia and Europe, on the south by North Africa, and on the east by the Levant...

 ports, and fleets of modern ships to move goods around the world.

Saccard decides to institute a financial establishment to fund these projects. He is motivated primarily by the potential to make incredible amounts of money and reestablish himself on the Bourse. In addition, Saccard has an intense rivalry with his brother Eugène Rougon, a powerful Cabinet minister who refuses to help him after his bankruptcy and who is promoting a more liberal, less Catholic
Roman Catholic Church
The Catholic Church, also known as the Roman Catholic Church, is the world's largest Christian church, with over a billion members. Led by the Pope, it defines its mission as spreading the gospel of Jesus Christ, administering the sacraments and exercising charity...

 agenda for the Empire. Furthermore, Saccard, an intense anti-Semite, sees the enterprise as a strike against the Jewish bankers who dominate the Bourse. (In a footnote, Ernest A. Vizetelly, the first British translator of L'argent, draws a distinction between Zola's depiction of this aspect of Saccard's character and Zola's personal pro-Jewish beliefs as manifested in the later Dreyfus affair
Dreyfus Affair
The Dreyfus affair was a political scandal that divided France in the 1890s and the early 1900s. It involved the conviction for treason in November 1894 of Captain Alfred Dreyfus, a young French artillery officer of Alsatian Jewish descent...

.)

From the beginning, Saccard's Banque Universelle (Universal Bank) stands on shaky ground. In order to manipulate the price of the stock, Saccard and his confreres on the syndicate he has set up to jumpstart the enterprise buy their own stock and hide the proceeds of this illegal practice in a dummy account fronted by a straw man.

While Hamelin travels to Constantinople
Istanbul
Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...

 to lay the groundwork for their enterprise, the Banque Universelle goes from strength to strength. Stock prices soar, going from 500 francs a share to more than 3,000 francs in three years. Furthermore, Saccard buys several newspapers which serve to maintain the illusion of legitimacy, promote the Banque, excite the public, and attack Rougon.

The novel follows the fortunes of about 20 characters, cutting across all social strata, showing the effects of stock market speculation on rich and poor. The financial events of the novel are played against Saccard's personal life. Hamelin lives with his sister Caroline, who, against her better judgment, invests in the Banque Universelle and later becomes Saccard's mistress. Caroline learns that Saccard fathered a son, Victor, during his first days in Paris. She rescues Victor from his life of abject poverty, placing him in a charitable institution. But Victor is completely unredeemable, given over to greed, laziness, and thievery. After he attacks one of the women at the institution, he disappears into the streets, never to be seen again.

Eventually, the Banque Universelle cannot sustain itself. Saccard's principal rival on the Bourse, the Jewish financier Gundermann, learns about Saccard's financial trickery and attacks, loosing stock upon the market, devaluing its price, and forcing Saccard to buy millions of shares to keep the price up. At the final collapse, the Banque holds one-fourth of its own shares worth 200 million francs. The fall of the Banque is felt across the entire financial world. Indeed, all of France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 feels the force of its collapse. The effects on the characters of L'argent are disastrous, including complete ruin, suicide, and exile, though some of Saccard's syndicate members escape and Gundermann experiences a windfall. Saccard and Hamelin are sentenced to five years in prison. Through the intervention of Rougon, who doesn't want a brother in jail, their sentences are commuted and they are forced to leave France. Saccard goes to Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

, and the novel ends with Caroline preparing to follow her brother to Rome
Rome
Rome is the capital of Italy and the country's largest and most populated city and comune, with over 2.7 million residents in . The city is located in the central-western portion of the Italian Peninsula, on the Tiber River within the Lazio region of Italy.Rome's history spans two and a half...

.

Historical background

Because the financial world is closely linked with politics, L’argent encompasses many historical events, including:
  • The 1860 Druze
    Druze
    The Druze are an esoteric, monotheistic religious community, found primarily in Syria, Lebanon, Israel, and Jordan, which emerged during the 11th century from Ismailism. The Druze have an eclectic set of beliefs that incorporate several elements from Abrahamic religions, Gnosticism, Neoplatonism...

     massacre of Maronite Christians
    Maronite Church
    The Syriac Maronite Church of Antioch is an Eastern Catholic Church in full communion with the Holy See of Rome . It traces its heritage back to the community founded by Maron, a 4th-century Syriac monk venerated as a saint. The first Maronite Patriarch, John Maron, was elected in the late 7th...

     in Syria
    Syria
    Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....

  • France's invasion
    French intervention in Mexico
    The French intervention in Mexico , also known as The Maximilian Affair, War of the French Intervention, and The Franco-Mexican War, was an invasion of Mexico by an expeditionary force sent by the Second French Empire, supported in the beginning by the United Kingdom and the Kingdom of Spain...

     of Mexico
    Mexico
    The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...

     (1861-1867)
  • The construction of the Suez Canal
    Suez Canal
    The Suez Canal , also known by the nickname "The Highway to India", is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea and the Red Sea. Opened in November 1869 after 10 years of construction work, it allows water transportation between Europe and Asia without navigation...

    , opened in 1869
  • The Austro-Prussian War
    Austro-Prussian War
    The Austro-Prussian War was a war fought in 1866 between the German Confederation under the leadership of the Austrian Empire and its German allies on one side and the Kingdom of Prussia with its German allies and Italy on the...

    , including the Battle of Königgrätz
    Battle of Königgrätz
    The Battle of Königgrätz , also known as the Battle of Sadowa, Sadová, or Hradec Králové, was the decisive battle of the Austro-Prussian War, in which the Kingdom of Prussia defeated the Austrian Empire...

     at Sadowa
    Sadová
    Sadová is a village of the Hradec Králové District in the Hradec Králové Region of the Czech Republic. It lies on the Bystřice river, about northwest of Hradec Králové on the main road and railway line to Jičín. The municipality is part of Mikroregion Nechanicko. In 2004, it had 127 houses and...

     in 1866
  • The Third Italian War of Independence
    Third Italian War of Independence
    The Third Italian War of Independence was a conflict which paralleled the Austro-Prussian War, and was fought between the Kingdom of Italy and the Austrian Empire.-Background:...

     (1866)
  • The Universal Exposition
    Exposition Universelle (1867)
    The Exposition Universelle of 1867 was a World Exposition held in Paris, France, in 1867.-Conception:In 1864, Emperor Napoleon III decreed that an international exposition should be held in Paris in 1867. A commission was appointed with Prince Jerome Napoleon as president, under whose direction...

     of 1867
  • The publication of Das Kapital
    Das Kapital
    Das Kapital, Kritik der politischen Ökonomie , by Karl Marx, is a critical analysis of capitalism as political economy, meant to reveal the economic laws of the capitalist mode of production, and how it was the precursor of the socialist mode of production.- Themes :In Capital: Critique of...

    in 1867 and the advent of Marxism
    Marxism
    Marxism is an economic and sociopolitical worldview and method of socioeconomic inquiry that centers upon a materialist interpretation of history, a dialectical view of social change, and an analysis and critique of the development of capitalism. Marxism was pioneered in the early to mid 19th...

  • The 1882 collapse of the Union Générale bank


By the end of the novel, the stage is set for the Franco-Prussian War
Franco-Prussian War
The Franco-Prussian War or Franco-German War, often referred to in France as the 1870 War was a conflict between the Second French Empire and the Kingdom of Prussia. Prussia was aided by the North German Confederation, of which it was a member, and the South German states of Baden, Württemberg and...

 (1870-1871) and the fall of the Second Empire.

Relation to the Other Rougon-Macquart Novels

Zola's plan for the Rougon-Macquart novels was to show how heredity
Heredity
Heredity is the passing of traits to offspring . This is the process by which an offspring cell or organism acquires or becomes predisposed to the characteristics of its parent cell or organism. Through heredity, variations exhibited by individuals can accumulate and cause some species to evolve...

 and environment worked on members of one family over the course of the Second Empire
Second French Empire
The Second French Empire or French Empire was the Imperial Bonapartist regime of Napoleon III from 1852 to 1870, between the Second Republic and the Third Republic, in France.-Rule of Napoleon III:...

. All of the descendants of Adelaïde Fouque (Tante Dide), Saccard's grandmother, demonstrate what today would be called obsessive-compulsive
Obsessive-compulsive disorder
Obsessive–compulsive disorder is an anxiety disorder characterized by intrusive thoughts that produce uneasiness, apprehension, fear, or worry, by repetitive behaviors aimed at reducing the associated anxiety, or by a combination of such obsessions and compulsions...

 behaviors to varying degrees. Saccard is obsessed with money and the building of wealth, to which everything in his life holds second place. In Le docteur Pascal, Zola describes the influence of heredity on Saccard as an "adjection" in which the natures of his avaricious parents are commingled.

Two other members of the Rougon-Macquart family also appear in L'argent: Saccard's sons Maxime (b. 1840) and Victor (b. 1853). If his father's obsession is with building wealth, Maxime's obsession is with keeping it. A widower, Maxime (who played a central role in La curée) lives alone in opulence he does not share. In Le docteur Pascal, Maxime is described as prematurely aged, afraid of pleasure and indeed of all life, devoid of emotion, and cold, characteristics introduced in L'argent. Maxime is described as a "dissemination" of characteristics, having the moral prepotency of his father and the pampered egotism
Egotism
Egotism is "characterized by an exaggerated estimate of one's intellect, ability, importance, appearance, wit, or other valued personal characteristics" – the drive to maintain and enhance favorable views of oneself....

 of his mother (Saccard's first wife).

Victor, on the other hand, brought up in squalor, is the furthest extreme Zola illustrates of the Rougon family's degeneracy. Like his great-grandmother Tante Dide, Victor suffers from neuralgic
Neuralgia
Neuralgia is pain in one or more nerves that occurs without stimulation of pain receptor cells. Neuralgia pain is produced by a change in neurological structure or function rather than by the excitation of pain receptors that causes nociceptive pain. Neuralgia falls into two categories: central...

 attacks. Unlike Jacques Lantier (his second cousin, see La bête humaine
La Bête humaine
La Bête Humaine is an 1890 novel by Émile Zola. The story has been adapted for the cinema on several occasions. It is based around the railway between Paris and Le Havre in the 19th century and is a tense, psychological thriller....

), he is unable to control his criminal impulses, and his disappearance into the streets of Paris is no surprise. Victor is described as a "fusion" of the lowest characteristics of his parents (his mother was a prostitute
Prostitution
Prostitution is the act or practice of providing sexual services to another person in return for payment. The person who receives payment for sexual services is called a prostitute and the person who receives such services is known by a multitude of terms, including a "john". Prostitution is one of...

).

In Le docteur Pascal (set in 1872), Zola tells us that Saccard returns to Paris, institutes a newspaper, and is again making piles of money.

Rougon is the protagonist of Son Excellence Eugène Rougon
Son Excellence Eugène Rougon
Son Excellence Eugène Rougon is the sixth novel in the Rougon-Macquart series by Émile Zola. It was serialized in 1876 in Le Siècle before being published in novel form by Charpentier. It was translated into English by Mary Neal Sherwood in 1880, by Kenward Philp in 1884, by Ernest A...

,
the events of which predate L'argent. Saccard's daughter Clotilde (b. 1847) is the main female character in Le docteur Pascal.

Sources

  • Brown, F. Zola: A Life (New York: Farrar, Straus & Giroux, 1995)
  • Zola, E. L'argent, translated as Money by E. A. Vizetelly (1894)
  • Zola, E. Le doctor Pascal, translated as Doctor Pascal by E. A. Vizetelly (1893)

Adaptations

  • In 1928, a silent film
    Silent film
    A silent film is a film with no synchronized recorded sound, especially with no spoken dialogue. In silent films for entertainment the dialogue is transmitted through muted gestures, pantomime and title cards...

     adaptation of L'Argent
    L'Argent (1928 film)
    L'Argent is a French silent film directed in 1928 by Marcel L'Herbier. The film was adapted from the novel L'Argent by Émile Zola, and it portrays the world of banking and the stock market in Paris in the 1920s.-Background:...

    was directed by Marcel L'Herbier
    Marcel L'Herbier
    Marcel L'Herbier, Légion d'honneur, was a French film-maker, who achieved prominence as an avant-garde theorist and imaginative practitioner with a series of silent films in the 1920s. His career as a director continued until the 1950s and he made more than 40 feature films in total...

    . It used only the skeleton of the plot and it updated the setting to Paris in the 1920s.
  • A three-part television adaptation of the book was directed by Jacques Rouffio
    Jacques Rouffio
    Jacques Rouffio is a French film director and screenwriter. His 1986 film My Brother-in-law Killed My Sister was entered into the 36th Berlin International Film Festival.-Filmography as director:...

     for French TV in 1988.
  • Shunt, a British theatre company, in 2009 created a piece of immersive theatre loosely based on the book, called 'Money'.

External links

(French
French language
French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...

) (1988) (TV) (French
French language
French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...

) featuring Miou-Miou
Miou-Miou
Miou-Miou is a French actress. In her career she has worked with a number of international directors, including Michel Gondry, Bertrand Blier, Yves Boisset, Claude Berri, Jacques Deray, Michel Deville, Diane Kurys, Radu Mihăileanu, Patrice Leconte, Joseph Losey and Louis Malle.-Career:She was born...

  • Preface to the original English translation (1928) by Ernest A. Vizetelly
  • Money at Google Books. Full original English translation (1902) by Ernest A. Vizetelly
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