Chapter 20 - Financial And Ecomonic Policies And Problems Flashcards
Why did N have to maintain high level of taxation?
Costs of war
What taxes were carried on from before?
Contribution foncière - land tax
Custom duties
Fees for registrations + services
What did N officials start drawing up in 1807?
New Cadastre
What did the cadastre do?
Measured the value of land to recalculate land tax
Only 1/5 of country assessed by 1815
What were towns and cities allowed to enforce in 1803?
Octrois
How were tax collectors + inspectors assessed?
Paid in proportion to the taxes they collected
Tax receipts passed onto receivers
Inspected by central govt
What was the central office for handling and auditing the states finances?
Cour des Comptes
Kept detailed accounts of income + expenditure
Had to authorise release of money
What did the govt rely on the most heavily?
Indirect taxes
Like on playing cards, alcohol, salt and tobacco all x4
What did N declare the only legal tender would be?
Metal coinage
What was established in 1800?
Bank of France
To provide credit for govt + entrepreneurs
What was the small issue of paper money limited to?
Use in Paris
500 - 1000 franc notes
Only for merchants
What else did N control?
Sale of govt bonds at reasonable interest
What did the new Minister of the Interior Chaptal add to help the economy?
Bureau of Statistics - gain info on pop, agriculture + commerce
What society did he create?
Société d’encouragement pour l’industrie National - society giving prizes for commerce
What did he establish in every department?
Councils for agriculture, arts + commerce
What did Chaptal’s encouragement increase?
Mechanisation + technical innovation
Mass production of consumer goods
What did his report of that year say?
Wool industry - increase by 400%
Silk value increase by 64 million
What was the largest sector of the French economy?
Agriculture
How did some regions improve?
Large landowners developed their estates
New ideas of crops + animal breeding + scientific farming