Part 25

When Charles V.--surnamed the Wise--ascended the throne in 1364, France, ruined by the disasters of the war, by the weight of taxation, by the reduction in her commerce, and by the want of internal security, exhibited everywhere a picture of misery and desolation; in addition to which, famine and various epidemics were constantly breaking out in various parts of the kingdom. Besides this, the country was incessantly overrun by gangs of plunderers, who called themselves _écorcheurs, routiers, tardvenus_, &c., and who were more dreaded by the country people even than the English had been. Charles V., who was celebrated for his justice and for his economical and provident habits, was alone capable of establishing order in the midst of such general confusion. Supported by the vote of the Assembly held at Compiègne in 1367, he remitted a moiety of the salt tax and diminished the number of the treasury agents, reduced their wages, and curtailed their privileges. He inquired into all cases of embezzlement, so as to put a stop to fraud; and he insisted that the accounts of the public expenditure in its several departments should be annually audited. He protected commerce, facilitated exchanges, and reduced, as far as possible, the rates and taxes on woven articles and manufactured goods. He permitted Jews to hold funded property, and invited foreign merchants to trade with the country. For the first time he required all gold and silver articles to be stamped, and called in all the old gold and silver coins, in order that by a new and uniform issue the value of money might no longer be fictitious or variable. For more than a century coins had so often changed in name, value, and standard weight, that in an edict of King John we read, "It was difficult for a man when paying money in the ordinary course to know what he was about from one day to another."

The recommencement of hostilities between England and France in 1370 unfortunately interrupted the progressive and regular course of these financial improvements. The States-General, to whom the King was obliged to appeal for assistance in order to carry on the war, decided that salt should be taxed one sol per pound, wine by wholesale a thirteenth of its value, and by retail a fourth; that a _fouage_, or hearth tax, of six francs should be established in towns, and of two francs in the country,[*] and that a duty should be levied in walled towns on the entrance of all wine. The produce of the salt tax was devoted to the special use of the King. Each district farmed its excise and its salt tax, under the superintendence of clerks appointed by the King, who regulated the assessment and the fines, and who adjudicated in the first instance in all cases of dispute. Tax-gatherers were chosen by the inhabitants of each locality, but the chief officers of finance, four in number, were appointed by the King. This administrative organization, created on a sound basis, marked the establishment of a complete financial system. The Assembly, which thus transferred the administration of all matters of taxation from the people at large to the King, did not consist of a combination of the three estates, but simply of persons of position--namely, prelates, nobles, and bourgeois of Paris, in addition to the leading magistrates of the kingdom.

[Footnote *: This is the origin of the saying "smoke farthing."]

The following extract from the accounts of the 15th November, 1372, is interesting, inasmuch as it represents the actual budget of France under Charles V.:--

Article 18. Assigned for the payment of men at arms ...... 50,000 francs. " 19. For payment of men at arms and crossbowmen newly formed .............................. 42,000 " " " For sea purposes ............................. 8,000 " " 20. For the King's palace ........................ 6,000 " " " To place in the King's coffers................ 5,000 " " 21. It pleases the King that the receiver-general should have monthly for matters that daily arise in the chamber ...................... 10,000 " " " For the payment of debts ..................... 10,000 "

Total ..................... 131,000 "

[Illustration: Settlement of Accounts by the Brothers of Cherité-Dieu of the Recovery of Roles

A miniature from the "_Livre des Comptes_" of the Society (Fifteenth Century).]

Thus, for the year, 131,000 francs in _écus d'or_ representing in present money about 12,000,000 francs, were appropriated to the expenses of the State, out of which the sum of 5,000 francs, equal to 275,000 francs of present money, was devoted to what we may call the _Civil List_.

On the death of Charles V., in 1380, his eldest son Charles, who was a minor, was put under the guardianship of his uncles, and one of these, the Duke d'Anjou, assumed the regency by force. He seized upon the royal treasury, which was concealed in the Castle of Melun, and also upon all the savings of the deceased king; and, instead of applying them to alleviate the general burden of taxation, he levied a duty for the first time on the common food of the people. Immediately there arose a general outcry of indignation, and a formidable expression of resistance was made in Paris and in the large towns. Mob orators loudly proclaimed the public rights thus trampled upon by the regent and the King's uncles; the expression of the feelings of the masses began to take the shape of open revolt, when the council of the regency made an appearance of giving way, and the new taxes were suppressed, or, at all events, partially abandoned. The success of the insurrectionary movement, however, caused increased concessions to be demanded by the people. The Jews and tax-collectors were attacked. Some of the latter were hung or assassinated, and their registers torn up; and many of the former were ill-treated and banished, notwithstanding the price they had paid for living in the kingdom.

The assembly of the States, which was summoned by the King's uncles to meet in Paris, sided with the people, and, in consequence, the regent and his brother pretended to acknowledge the justice of the claims which were made upon them in the name of the people, and, on their withdrawing the taxes, order was for a time restored. No sooner, however, was this the case than, in spite of the solemn promises made by the council of regency, the taxes were suddenly reimposed, and the right of farming them was sold to persons who exacted them in the most brutal manner. A sanguinary revolt, called that of the _Maillotins_, burst forth in Paris; and the capital remained for some time in the power of the people, or rather of the bourgeois, who led the mob on to act for them (1381-1382). The towns of Rouen, Rheims, Troyes, Orleans, and Blois, many places in Beauvoise, in Champagne, and in Normandy, followed the example of the Parisians, and it is impossible to say to what a length the revolt would have reached had it not been for the victory over the Flemish at Rosebecque. This victory enabled the King's uncles to re-enter Paris in 1383, and to re-establish the royal authority, at the same time making the _Maillotins_ and their accomplices pay dearly for their conduct. The excise duties, the hearth tax, the salt tax, and various other imposts which had been abolished or suspended, were re-established; the taxes on wine, beer, and other fermented liquors was lowered; bread was taxed twelve deniers per pound, and the duty on salt was fixed at the excessive rate of twenty francs in gold--about 1,200 francs of present money--per hogshead of sixty hundredweight. Certain concessions and compromises were made exceptionally in favour of Artois, Dauphiné, Poitou, and Saintonge, in consideration of the voluntary contributions which those provinces had made.

[Illustration: Fig. 283.--Assassination of the Duke of Burgundy, John the Fearless, on the Bridge of Montereau, in 1419.--Fac-simile of a Miniature in the "Chronicles" of Monstrelet, Manuscript of the Fifteenth Century, in the Library of the Arsenal of Paris.]

Emboldened by the success of their exacting and arbitrary rule, the Dukes of Anjou, Burgundy, and Berry, under pretext of requiring money for war expenses, again increased the taxes from the year 1385 to 1388; and the salt tax was raised to forty golden francs, about 24,000 francs of present money, per hogshead. The ecclesiastics paid a half décime to the King, and several décimes to the Pope, but these did not prevent a forced loan being ordered. Happily, Charles VI. about this period attained his majority, and assumed his position as king; and his uncle, the Duke of Bourbon, who was called to the direction of affairs, re-established comparative order in financial matters; but soon after the King's brother, the Duke of Orleans, seized the reins of government, and, jointly with his sister-in-law, Isabel of Bavaria, increased the taxation far beyond that imposed by the Duke d'Anjou. The Duke of Burgundy, called John the Fearless, in order to gratify his personal hatred to his cousin, Louis of Orleans, made himself the instrument of the strong popular feeling by assassinating that prince as he was returning from an entertainment. The tragical death of the Duke of Orleans no more alleviated the ills of France than did that of the Duke of Burgundy sixteen years later--for he in his turn was the victim of a conspiracy, and was assassinated on the bridge of Montereau in the presence of the Dauphin (Fig. 283). The marriage of Isabel of France with the young king Richard of England, the ransom of the Christian prisoners in the East, the money required by the Emperor of Constantinople to stop the invasions of the Turks into Europe, the pay of the French army, which was now permanent, each necessarily required fresh subsidies, and money had to be raised in some way or other from the French people. Distress was at its height, and though the people were groaning under oppression, they continued to pay not only the increased taxes on provisions and merchandise, and an additional general tax, but to submit to the most outrageous confiscations and robbery of the public money from the public treasuries. The State Assemblies held at Auxerre and Paris in 1412 and 1413, denounced the extravagance and maladministration of the treasurers, the generals, the excisemen, the receivers of royal dues, and of all those who took part in the direction of the finances; though they nevertheless voted the taxes, and promulgated most severe regulations with respect to their collection. To meet emergencies, which were now becoming chronic, extraordinary taxes were established, the non-payment of which involved the immediate imprisonment of the defaulter; and the debasement of the coinage, and the alienation of certain parts of the kingdom, were authorised in the name of the King, who had been insane for more than fifteen years. The incessant revolts of the bourgeois, the reappearance of the English on the soil of France, the ambitious rivalry of Queen Isabel of Bavaria leagued with the Duke of Burgundy against the Dauphin, who had been made regent, at last, in 1420, brought about the humiliating treaty of Troyes, by which Henry V., king of England, was to become king of France on the death of Charles VI.

This treaty of Troyes became the cause of, and the pretext for, a vast amount of extortion being practised upon the unfortunate inhabitants of the conquered country. Henry V., who had already made several exactions from Normandy before he had obtained by force the throne of France, did not spare the other provinces, and, whilst proclaiming his good intentions towards his future subjects, he added a new general impost, in the shape of a forced loan, to the taxes which already weighed so heavily on the people. He also issued a new coinage, maintained many of the taxes, especially those on salt and on liquors, even after he had announced his intention of abolishing them.

At the same time the Dauphin Charles, surnamed _Roi de Bourges_, because he had retired with his court and retinue into the centre of the kingdom (1422), was sadly in want of money. He alienated the State revenues, he levied excise duties and subsidies in the provinces which remained faithful to his cause, and he borrowed largely from those members of the Church and the nobility who manifested a generous pity for the sad destiny of the King and the monarchy. Many persons, however, instead of sacrificing themselves for their king and country, made conditions with him, taking advantage of his position. The heir to the throne was obliged in many points to give way, either to a noble whose services he bargained for, or to a town or an abbey whose aid he sought. At times he bought over influential bodies, such as universities and other corporation, by granting exemptions from, or privileges in, matters of taxation, &c. So much was this the case that it may be said that Charles VII. treated by private contract for the recovery of the inheritances of his fathers. The towns of Paris and Rouen, as well as the provinces of Brittany, Languedoc, Normandy, and Guyenne, only returned to their allegiance to the King on conditions more or less advantageous to themselves. Burgundy, Picardy, and Flanders--which were removed from the kingdom of Charles VII. at the treaty of peace of Arras in 1435--cordially adopted the financial system inaugurated by the Duke of Burgundy, Philip the Good.

[Illustration: Fig. 284.--The House of Jacques Coeur at Bourges, now converted into the Hôtel de Ville.]

Charles VII. reconquered his kingdom by a good and wise policy as much as by arms. He, doubtless, had cause to be thankful for the valeur and devotion of his officers, but he principally owed the success of his cause to one man, namely, his treasurer, the famous Jacques Coeur, who possessed the faculty of always supplying money to his master, and at the same time of enriching himself (Fig. 284). Thus it was that Charles VII., whose finances had been restored by the genius of Jacques Coeur, was at last able to re-enter his capital triumphantly, to emancipate Guyenne, Normandy, and the banks of the Loire from the English yoke, to reattach to the crown a portion of its former possessions, or to open the way for their early return, to remove bold usurpers from high places in the State, and to bring about a real alleviation of those evils which his subjects had so courageously borne. He suppressed the fraud and extortion carried on under the name of justice, put a stop to the sale of offices, abolished a number of rates illegally levied, required that the receivers' accounts should be sent in biennially, and whilst regulating the taxation, he devoted its proceeds entirely to the maintenance and pay of the army. From that time taxation, once feudal and arbitrary, became a fixed royal due, which was the surest means of preventing the pillage and the excesses of the soldiery to which the country people had been subjected for many years. Important triumphs of freedom were thus obtained over the tyrannical supremacy of the great vassals; but in the midst of all this improvement we cannot but regret that the assessors, who, from the time of their creation by St. Louis, had been elected by the towns or the corporations, now became the nominees of the crown.

[Illustration: Fig. 285.--_Amende honorable_ of Jacques Coeur before Charles VII.--Fac-simile of a Miniature of the "Chroniques" of Monstrelet, Manuscript of the Fifteenth Century, in the National Library of Paris.]

Philip the Good, Duke of Burgundy, taxed his subjects but little: "Therefore," says Philippe de Commines, "they became very wealthy, and lived in much comfort." But Louis XI did not imitate him. His first care was to reinstate that great merchant, that clever financier, Jacques Coeur, to whom, as much as to Joan of Arc, the kingdom owed its freedom, and whom Charles VII., for the most contemptible reasons, had had the weakness to allow to be judicially condemned Louis XI. would have been very glad to entrust the care of his finances to another Jacques Coeur; for being sadly in want of money, he ran through his father's earnings, and, to refill his coffers, he increased taxation, imposed a duty on the importation of wines, and levied a tax on those holding offices, &c. A revolution broke out in consequence, which was only quenched in the blood of the insurgents. In this manner he continued, by force of arms, to increase and strengthen his own regal power at the expense of feudalism.

He soon found himself opposed by the _Ligue du Bien Public_, formed by the great vassals ostensibly to get rid of the pecuniary burden which oppressed the people, but really with the secret intention of restoring feudalism and lessening the King's power. He was not powerful enough openly to resist this, and appeared to give way by allowing the leagued nobles immense privileges, and himself consenting to the control of a sort of council of "thirty-six notables appointed to superintend matters of finance." Far from acknowledging himself vanquished, however, he immediately set to work to cause division among his enemies, so as to be able to overcome them. He accordingly showed favour towards the bourgeois, whom he had already flattered, by granting new privileges, and abolishing or reducing certain vexatious taxes of which they complained. The thirty-six notables appointed to control his financial management reformed nothing. They were timid and docile under the cunning eye of the King, and practically assisted him in his designs; for in a very few years the taxes were increased from 1,800,000 écus--about 45,000,000 francs of present money--to 3,600,000 écus--about 95,000,000 francs. Towards the end of the reign they exceeded 4,700,000 écus--130,000,000 francs of present money. Louis XI. wasted nothing on luxury and pleasure; he lived parsimoniously, but he maintained 110,000 men under arms, and was ready to make the greatest sacrifices whenever there was a necessity for augmenting the territory of the kingdom, or for establishing national unity. At his death, on the 25th of August, 1483, he left a kingdom considerably increased in area, but financialty almost ruined.

When Anne de Beaujeu, eldest sister of the King, who was a minor, assumed the reins of government as regent, an immediate demand was made for reparation of the evils to which the finance ministers had subjected the unfortunate people. The treasurer-general Olivier le Dain, and the attorney-general Jean Doyat, were almost immediately sacrificed to popular resentment, six thousand Swiss were subsidised, the pensions granted during the previous reign were cancelled, and a fourth part of the taxes was removed. Public opinion being thus satisfied, the States-General assembled. The bourgeois here showed great practical good sense, especially in matters of finance; they proved clearly that the assessment was illegal, and that the accounts were fictitious, inasmuch as the latter only showed 1,650,000 livres of subsidies, whereas they amounted to three times as much. It was satisfactorily established that the excise, the salt tax, and the revenues of the public lands amply sufficed for the wants of the country and the crown. The young King Charles was only allowed 1,200,000 livres for his private purse for two years, and 300,000 livres for the expenses of the festivities of his coronation. On the Assembly being dissolved, the Queen Regent found ample means of pleasing the bourgeois and the people generally by breaking through the engagements she had entered into in the King's name, by remitting taxation, and finally by force of arms destroying the power of the last remaining vassals of the crown.

[Illustration: Fig. 286.--The Mint.--Fac-simile of a Woodcut in the Translation of the Latin Work of Francis Patricius, "De l'Institution et Administration de la Chose Politique:" folio, 1520.]

[Illustration: Fig. 287.--The receiver of Taxes.--Fac-simile of a Woodcut in Damhoudere's "Praxis Rerum Civilium."]

Charles VIII., during a reign of fourteen years, continued to waste the public money. His disastrous expedition for the conquest of the kingdom of Naples forced him to borrow at the rate of forty-two per cent. A short time previous to his death he acknowledged his errors, but continued to spend money, without consideration or restraint, in all kinds of extravagances, but especially in buildings. During his reign the annual expenditure almost invariably doubled the revenue. In 1492 it reached 7,300,000 francs, about 244,000,000 francs of present money. The deficit was made up each year by a general tax, "which was paid neither by the nobles nor the Church, but was obtained entirely from the people" (letters from the ambassadors of Venice).

When the Duke of Orleans ascended the throne as Louis XII., the people were again treated with some consideration. Having chosen George d'Amboise as premier and Florimond Robertet as first secretary of the treasury, he resolutely pursued a course of strict economy; he refused to demand of his subjects the usual tax for celebrating the joyous accession, the taxes fell by successive reductions to the sum of 2,600,000 livres, about 76,000,000 francs of present money, the salt tax was entirely abolished, and the question as to what should be the standard measure of this important article was legislated upon. The tax-gatherers were forced to reside in their respective districts, and to submit their registers to the royal commissioners before beginning to collect the tax. By strict discipline pillage by soldiers was put a stop to (Fig. 288).

Notwithstanding the resources obtained by the King through mortgaging a part of the royal domains, and in spite of the excellent administration of Robertet, who almost always managed to pay the public deficit without any additional tax, it was necessary in 1513, after several disastrous expeditions to Italy, to borrow, on the security of the royal domains, 400,000 livres, 10,000,000 francs of present money, and to raise from the excise and from other dues and taxes the sum of 3,300,000 livres, about 80,000,000 francs of present money. This caused the nation some distress, but it was only temporary, and was not much felt, for commerce, both domestic and foreign, much extended at the same time, and the sale of collectorships, of titles of nobility, of places in parliament, and of nominations to numerous judicial offices, brought in considerable sums to the treasury. The higher classes surnamed the king _Le Roitelet_, because he was sickly and of small stature, parsimonious and economical. The people called him their "father and master," and he has always been styled the father of the people ever since.

[Illustration: Fig. 288.--A Village pillaged by Soldiers.--Fac-simile of a Woodcut in Hamelmann's "Oldenburgisches Chronicon." in folio, 1599.]