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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.
In preparing to take firm action with regard to the National Assembly, King dismissed Necker on 11 July 1789 because of his "extreme condescenance" vis-à-vis the Estates-General. The minister ...
- 1 min
- Condé
- Early Career
- First Ministry: 1777-1781
- Report to The King
- Second Ministry: 1788-89
- Third Ministry: 1789-1790
- Final Retirement
Jacques Necker was born on 30 September 1732 in the Republic of Geneva, modern-day Switzerland. His father, Charles-Frédéric Necker, was a lawyer and a native of Neumark, Prussia, who had become a citizen of Geneva in 1726 after having been elected a professor of law there. Jacques and his elder brother, Louis, were raised Calvinists and afforded a...
Although now a royal minister, Necker's Protestant faith and commoner background still served as a liability. His appointment caused a scandal and was the subject of much gossip amongst aristocratic social circles. Barred from attending royal councils, he was also not allowed to assume the title of Controller-General of finance and was referred to ...
As the war dragged on, these measures were not enough, and to keep the state's finances afloat, Necker was forced to take out foreign loans. As the number of Necker's personal enemies grew, pamphlets began to circulate attacking him for mismanaging finances. In response to this, Necker made public an account of royal finances in 1781, published as ...
The publication of the Compte Rendu had sent Necker to new levels of popularity. Following his resignation, people of all classes flocked to his home at St. Ouen, and Empress Catherine the Great of Russia (1762-1796) even invited him to attend her at St. Petersburg. Necker instead retired to Lake Geneva, where he would spend the next few years defe...
Necker's triumphant return to Paris was treated as a festival day, though it was marred by the brutal street murder of Joseph-François Foullon (1715-1789), who had briefly replaced him in the king's ministry. In his reinstated role, Necker would serve as an effective liaison between the king the and National Assembly. He drafted Louis XVI's disappr...
Upon leaving France, Necker returned to Switzerland. Just as in France, his moderate tendencies came to haunt him, as he was seen by royalist French emigres living abroad as too revolutionary, and was viewed as too royalist by Swiss Jacobins. In 1793, after the Jacobins came to power in France, Necker was put on the list of emigres himself, and all...
Jacques Necker was a Swiss banker and director general of finance (1771–81, 1788–89, 1789–90) under Louis XVI of France. He was overpraised in his lifetime for his somewhat dubious skill with public finances and unduly deprecated by historians for his alleged vacillation and lack of statesmanship.
Jacques Necker (1732-1804) was a French finance minister and a critical participant in the unfolding revolution of 1789. Born in Geneva, Necker was the son of a Swiss law professor but shunned law and instead trained as a banker.
Leading Financier to Louis XVI 1732-1804. Born in Switzerland and trained as a banker, Jacques Necker accumulated a considerable personal fortune before becoming Louis XVI’s finance minister. He implemented a rigorous economic policy, reducing the crown’s expenditure and imposing structural reforms on the way the royal finances were ...
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Sep 21, 2019 · In October 1776 Louis XVI placed responsibility for the national finances in the hands of Jacques Necker (1732-1804). Necker's famously deceptive account of the French national finances, Le Comptu Rendu, was published in 1781.
