Charles alexandre de calonne biography channels
Charles alexandre de calonne biography channels
Charles de Calonne - Alpha History...
Charles Alexandre Calonne
| French statesman. Date of Birth: 20.01.1734 Country: France |
Content:
- Charles Alexandre de Calonne
- Rise to Power
- Financial Maneuvers
- Proposals for Reform
- Assembly of Notables
- Exile and Later Life
Charles Alexandre de Calonne
Charles Alexandre de Calonne was a French statesman born in Douai, France, in 1734.
He received his education in Paris and held various legal and administrative positions before becoming a general controller, the equivalent of Minister of Finance, in 1783.
Rise to Power
Calonne's friends at the court of Louis XVI portrayed him as the man capable of resolving France's mounting financial crisis, which included an annual budget deficit of 50 million.
With taxes widely unpopular and attempts at austerity having failed, he turned to borrowing.
Financial Maneuvers
Calonne's first loan of 100 million in 1783 was a success, but it was quickly followed by another loan of 125 million in 1784.
These loans, together wi