FREE BOOKS

Author's List




PREV.   NEXT  
|<   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155  
156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   >>   >|  
he office of superintendent and many others dependent upon it being abolished the supreme control of the finances was vested in a royal council. The sovereign was its president; but Colbert, though for four years he only possessed the title of intendant, was its ruling spirit, great personal authority being conferred upon him by the king. The career on which Colbert now entered must not be judged without constant remembrance of the utter rottenness of the previous financial administration. His ruthlessness in this case, dangerous precedent as it was, was perhaps necessary; individual interests could not be respected. Guilty officials having been severely punished, the fraudulent creditors of the government remained to be dealt with. Colbert's method was simple. Some of the public loans were totally repudiated, and from others a percentage was cut off, which varied, at first according to his own decision, and afterwards according to that of the council which he established to examine all claims against the state. Much more serious difficulties met his attempts to introduce equality in the pressure of the taxes on the various classes. To diminish the number of the privileged was impossible, but false claims to exemption were firmly resisted, and the unjust direct taxation was lightened by an increase of the indirect taxes, from which the privileged could not escape. The mode of collection was at the same time immensely improved. Order and economy being thus introduced into the working of the government, the country, according to Colbert's vast yet detailed plan, was to be enriched by commerce. Manufactures were fostered in every way he could devise. New industries were established, inventors protected, workmen invited from foreign countries, French workmen absolutely prohibited to emigrate. To maintain the character of French goods in foreign markets, as well as to afford a guarantee to the home consumer, the quality and measure of each article were fixed by law, breach of the regulations being punished by public exposure of the delinquent and destruction of the goods, and, on the third offence, by the pillory. But whatever advantage resulted from this rule was more than compensated by the disadvantages it entailed. The production of qualities which would have suited many purposes of consumption was prohibited, and the odious supervision which became necessary involved great waste of time and a stereotyped regularity wh
PREV.   NEXT  
|<   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155  
156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   >>   >|  



Top keywords:

Colbert

 

public

 

claims

 
established
 
government
 

workmen

 

punished

 

council

 
French
 

privileged


foreign
 

prohibited

 

Manufactures

 

devise

 

commerce

 

industries

 

enriched

 

fostered

 
inventors
 

indirect


increase

 

escape

 

collection

 

lightened

 

resisted

 

unjust

 

direct

 

taxation

 

immensely

 

country


working

 

detailed

 
introduced
 

improved

 

economy

 

protected

 

disadvantages

 
compensated
 
entailed
 

production


qualities

 
advantage
 

resulted

 

involved

 
stereotyped
 
regularity
 

supervision

 

suited

 

purposes

 

consumption