The government being unable to repay its loans from the banks compelled the latter to suspend the conversion of their notes, which began to depreciate in value.
The same reason that made him depreciate Hegel made him praise Krause (panentheism) and Schleiermacher, and speak respectfully of English philosophy.
It was his whim, as part of his general liberalism, to depreciate the education he received; but it seems to have been a very sound and good education, which formed the basis of his extraordinarily wide, though never extraordinarily accurate, collection of knowledge subsequently, and (a more important thing) disciplined and exercised his literary faculty and judgment.
In the Philebus, however, though a more careful psychological analysis leads him to soften down the exaggerations of this attack on sensual pleasure, the antithesis of knowledge and pleasure is again sharpened, and a desire to depreciate even good pleasures is more strongly shown; still even here pleasure is recognized as a constituent of that philosophic life which is the highest human good, while in the Laws, where the subject is more popularly treated, it is admitted that we cannot convince man that the just life is the best unless we can also prove it to be the pleasantest.
C. Lewis in his History of Ancient Astronomy (pp. 466-481) revived the sceptical view, the tendency of modern critics has been rather to exaggerate than to depreciate the value of what was really added by Pytheas to knowledge.
The most foolish and discreditable was certainly that of Davies; his unworthy attempt to depreciate the great historian's learning, and his captious, cavilling, acrimonious charges of petty inaccuracies and discreditable falsification gave the object of his attack an easy triumph.