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Revolt of 1 Prairial Year III
The insurrection of 1 Prairial Year III was a popular revolt in Paris on 20 May 1795 against the policies of the Thermidorian Convention. It was the last and one of the most remarkable and stubborn popular revolts of the French Revolution. After their defeat in Prairial, the ''sans-culottes'' ceased to play any effective part until the next round of revolutions in the early nineteenth century. To a lesser extent, these movements are also important in that they mark the final attempt of the remnants of the Mountain and the Jacobins to recapture their political ascendancy in the Convention and the Paris Sections; this time, though they gave some political direction to the popular movement which arose in the first place in protest against worsening economic conditions, their intervention was timorous and halfhearted and doomed the movement to failure.
== Causes ==
The abandonment of the controlled economy provoked a frightful economic catastrophe. Prices soared and the rate of exchange fell. The Republic was condemned to massive inflation and its currency was ruined. In Thermidor, Year III, ''assignats'' were worth less than 3 percent of their face value. Neither peasants nor merchants would accept anything but cash. The debacle was so swift that economic life seemed to come to standstill.
The insurmountable obstacles raised by the premature reestablishment of economic freedom reduced the government to a state of extreme weakness. Lacking resources, it became almost incapable of administration, and the crisis generated troubles that nearly brought its collapse. The ''sans-culottes'', who had unprotestingly permitted the Jacobins to be proscribed, began to regret the regime of the Year II, now that they themselves without work and without bread.
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