Because the market value of debt securities was so low compared with their nominal value, the cash paid by buyers was much lower than the appraised price—in some cases, less than 15 percent of the nominal value. As a result, in 1823, some deputies proposed suspending the confiscation decree and the delivering ownership of the properties in question to their tenants. One of these deputies declared that "the farms have been taken over by rich capitalists, and these, once they have taken possession of them, have made a new lease, generally increasing the rent to the poor farmer, threatening to spoil if they do not pay on time". But despite the criticism, the confiscation process continued unchanged.
