The Limited Times

Now you can see non-English news...

The modernization of public finances under Napoleon: the work of Mollien to keep the accounts

2022-08-10T11:50:22.497Z


THE MINISTERS WHO RESTORED FRANCE'S ACCOUNTS (3/5) - Bonaparte's Minister of the Treasury urged the Emperor to create the Banque de France, the Court of Auditors.


A few ministers have stood out throughout history for their desire to restore public finances.

A look back at four centuries of solutions to reduce the country's debt.

On economic subjects, Napoleon did not shine by the originality of his thought.

First agriculture, then industry, that is to say manufacturing;

finally trade, which should only be the overabundance of the first two

centuries.

This is how the deposed emperor summed up, from Saint Helena, to Emmanuel de Las Cases his ideal economic policy.

This simplistic vision, coupled with a very thrifty fund inherited from his mother and a deep aversion to the financial markets, largely explains his economic choices.

Coming to power in a noise of bankruptcy, Bonaparte was obsessed with cleaning up public accounts.

He entrusted the mission of keeping his finances to an excellent Minister of the Treasury: Nicolas François Mollien.

Nicolas Francois Mollien.

www.bridgemanimages.com/Bridgeman Images

Demanding explanations for each account movement, Napoleon did not spare him...

This article is for subscribers only.

You have 88% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-08-10

You may like

Life/Entertain 2024-04-01T09:26:04.471Z

Trends 24h

News/Politics 2024-04-18T09:29:37.790Z
News/Politics 2024-04-18T14:05:39.328Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.