Finance Ministers Flashcards
when was Turgot a finance minister?
1774-1776
2 Turgot successful reforms
cuts to royal expenses, and reformed the tax-farming system.
2 Turgot unsuccessful reforms
non-participation in the American Civil War, and attempts to set up a general land tax
why did Turgot resign?
because Louis pushed Turgot’s Six Edicts (which wanted tax paid by landowners) through with a lit de justice following 2 Parlement remonstrances.
when was Necker a finance minister?
1777-1781
1 Necker successful reform
removal of venal officers from 60-40 helped reduce corruption
what was Necker’s compte rendu?
his budget of royal finances which angered the nobles and he lied saying that France had a 10 million livres profit even though they were 3 billion livres in debt.
why did Necker resign?
Marie-Antionette.
When was Calonne a finance minister?
1783-1787
what were 2 Calonne proposals?
a general land tax, and provincial assemblies.
