Guy Rowlands - Böcker

The financial humbling of a great power in any age demands explanation. In the War of the Spanish Succession (1701-14) Louis XIV's France had to fight way beyond its borders and the costs of war rose to unprecedented heights. With royal income falling as economic activity slowed down, the widening gap between revenue and expenditure led the government into a series of desperate expedients. Ever-larger quantities of credit, often obtained through fairly novel and poorly-understood financial instruments, were combined with ill-advised monetary manipulations. Moreover, through poor ministerial management the system of earmarking revenues for spending descended into chaos. All this forced up the cost of loans, foreign exchange, and military logistics as government contractors and bankers built the mounting risks into the price of their contracts and sought to profit from the situation. There was already a problem with controlling royal contractors, who ran the entire financial machinery, but this only grew worse, not least because the government further indemnified and bailed out men deemed too essential to fail. In some cases entrepreneurs even managed to penetrate the corridors of the ministries, either as heads of royal agencies or even as junior ministers. This added up to nothing less than an early military-industrial complex. As state debt climbed to astronomical levels and financial instruments collapsed in value France's chances of remaining the superpower of the age shrank. The military decline of a great power often goes hand-in-hand with its financial decline, but rarely so dramatically as in early eighteenth-century France.

The personal rule of Louis XIV, following on from a long period of royal minority and apprenticeship, lasted 54 years from 1661 to 1715. But the second half of this personal rule has, until recently, received significantly less scholarly attention than the 1660s and 1670s. This has obscured some of the very real changes and developments that occurred between the early 1680s and the mid-1690s, by which time a new generation of younger royals had come to prominence, France was engulfed in international war on a greater scale than ever before, and the king was visibly no longer as vigorous or healthy as he had once been. The essays in this volume take a close look at the way a new set of political, social, cultural and economic dispensations emerged from the mid-1680s to create a different France in the final decades of Louis XIV’s reign, even though the basic ideological, social and economic underpinnings of the country remained very largely the same. The contributions examine such varied matters as the structure and practices of government, naval power, the financial operations of the state, trade and commerce, social pressures, overseas expansion, religious dissent, music, literature and the fine arts.

The 'personal rule' of Louis XIV witnessed a massive increase in the size of the French army and an apparent improvement in the quality of its officers, its men and the War Ministry. However, this is the first book to treat the French army under Louis XIV as a living political, social and economic organism, an institution which reflected the dynastic interests and personal concerns of the king and his privileged subjects. The book explains the development of the army between the end of Cardinal Mazarin's ministry and the outbreak of the War of the Spanish Succession, emphasising the awareness of Louis XIV and his ministers of the need to pay careful attention to the condition of the king's officers, and to take account of their military, political, social and cultural aspirations.

The 'personal rule' of Louis XIV witnessed a massive increase in the size of the French army and an apparent improvement in the quality of its officers, its men and the War Ministry. However, this is the first book to treat the French army under Louis XIV as a living political, social and economic organism, an institution which reflected the dynastic interests and personal concerns of the king and his privileged subjects. The book explains the development of the army between the end of Cardinal Mazarin's ministry and the outbreak of the War of the Spanish Succession, emphasising the awareness of Louis XIV and his ministers of the need to pay careful attention to the condition of the king's officers, and to take account of their military, political, social and cultural aspirations.