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Encyclopedia Britannica - Main :: CAU-CHA |
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CHAMILLART MICHEL (16521721) , French statesman, minister of Louis XIV., was born at Paris of a family of the noblesse of recent
elevation
Maintenon
great
interest
paper money, billets de monnaie, but with disastrous results owing to the state of credit. He studied Vauban's project for the royal tithe and. Boisguillebert's pro-position for the taille, but did not adopt them. In October 1706 he showed the king that the debts immediately due amounted to 288 millions, and that the deficit already foreseen for 1707 was 16o millions. In October 1707 he saw with consternation that the revenue for 1708 was already entirely eaten up by anticipation, so that neither money nor credit remained for 1708. In these conditions Chamillart, who had often complained of the overwhelming burden he was carrying, and who had already wished to retire in 1706, resigned his office of controller-general. Public opinion attributed to him the ruin of the country, though pe had tried in 1700 to improve the condition of commerce by the creation of a council of commerce. As secretary of state for war he had to place in the field the army for the War of the Spanish Succession, and to reorganize it three times, after the great
Maintenon
Chamillart's papers have been published by G. Esnault, Michel Chamillart, contreleur general et secretaire d'etat de la guerre, correspondance et pa piers inedits (2 vols., Paris, 1885) ; and by A. de Bois- lisle
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