In the last years of Louis XVI’s reign, French finances were in a parlous state. State debt had ballooned, its servicing became exorbitant, and France’s creditworthiness sunk. The need to raise taxes after years of profligacy forced the monarch to summon the Estates General – the first time since 1614 – to obtain their approval.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in