Consolidated Third would be redeemable for national lands; similar to what the Assignat was originally before it became a paper currency The value of these bonds was only one third of the value of the national debt, thus being a form of Debt consolidation. This would represent a repudiation of most of the state's debt, and a bankruptcy of two-thirds of the debt, leading to the euphemism of the remaining being a consolidated third. Consolidated Third The Consolidated Third (French: "le tiers consolidé") is the name given in France to the 1797 repudiation of public debt of which only one third was
By the Sword Divided By the Sword Divided By the Sword Divided is a British television series produced by the BBC between 1983 and 1985. The series, created by John Hawkesworth was a historical drama set during the mid 17th century, dealing with the impact of the English Civil War on the fictional Lacey family, made up of both Royalist and Parliamentarian supporters. It follows the family as it is torn apart by the conflicting and changing loyalties of the war, as families were during that time, and the defeat of the Royalist forces at the end of the First English Civil War. Series