HIST 2P92 Chapter Notes - Chapter 2: Charles Alexandre De Calonne, Great Fear

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Chapter 2 the spirit of 89: in 1789, representative body that had not been called in 175 years was called to meet in the palace of versailles. Declaration of the right of men: the pre-revolution. 1778-83 france entered the american revolution, allied with holland and. France send thousand of soldiers and built a brand new fleet. Such efforts resulted in pushing french economy to the brink of bankruptcy. France tax collection disastrous, and depended heavily on the poor. France costly wars had been finance by big loans from international financiers. Finance minister charles alexandre de calonne presented the budget to the king , and proposed a program to reform the tax collection. The assembly of notables was called upon to approved it, they rejected the proposal. Coup e"tat of parliament king replaced them with a decentralized system that could not block the proposal. It ultimately fail when creditors stop loaning money.

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