Jacques Necker | |
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Chief Minister of the French Monarch | |
In office 16 July 1789 – 3 September 1790 | |
Monarch | Louis XVI |
Preceded by | Baron of Breteuil |
Succeeded by | Count of Montmorin |
In office 25 August 1788 – 11 July 1789 | |
Monarch | Louis XVI |
Preceded by | Archbishop de Brienne |
Succeeded by | Baron of Breteuil |
Controller-General of Finances | |
In office 25 August 1788 – 11 July 1789 | |
Monarch | Louis XVI |
Preceded by | Charles Alexandre de Calonne |
Succeeded by | Joseph Foullon de Doué |
Director-General of the Royal Treasury | |
In office 29 June 1777 – 19 May 1781 | |
Monarch | Louis XVI |
Preceded by | Louis Gabriel Taboureau des Réaux |
Succeeded by | Jean-François Joly de Fleury |
Personal details | |
Born | Geneva, Republic of Geneva | 30 September 1732
Died | 9 April 1804 Geneva, Léman, France | (aged 71)
Spouse | |
Children | Germaine Necker |
Signature | |
Jacques Necker (IPA: [ʒak nɛkɛʁ]; 30 September 1732 – 9 April 1804) was a Genevan banker and statesman who served as finance minister for Louis XVI. He was a reformer, but his innovations sometimes caused great discontent. Necker was a constitutional monarchist, a political economist, and a moralist, who wrote a severe critique of the new principle of equality before the law.[1]
Necker initially held the finance post between July 1777 and 1781.[2] In 1781, he earned widespread recognition for his unprecedented decision to publish the Compte rendu – thus making the country's budget public – "a novelty in an absolute monarchy where the state of finances had always been kept a secret."[3] Necker was dismissed within a few months. By 1788, the inexorable compounding of interest on the national debt brought France to a fiscal crisis.[4] Necker was recalled to royal service. His dismissal on 11 July 1789 was a factor in causing the Storming of the Bastille. Within two days, Necker was recalled by the king and the assembly. Necker entered France in triumph and tried to accelerate the tax reform process. Faced with the opposition of the Constituent Assembly, he resigned in September 1790 to a reaction of general indifference.