50 Facts About Jacques Necker

Jacques Necker was a reformer, but his innovations sometimes caused great discontent.

Jacques Necker entered France in triumph and tried to accelerate the tax reform process.

Jacques Necker's father was a lawyer from Kustrin in Neumark, Prussia.

In 1762, Vernet retired and Jacques Necker became a partner in the bank with Thellusson who managed the bank in London, while Jacques Necker served as his managing partner in Paris.

Jacques Necker had fallen in love with Madame de Vermenou, the widow of a French officer.

Jacques Necker transferred his love from the wealthy widow to the ambitious Swiss governess; they married that year.

Madame Jacques Necker encouraged her husband to try to find himself a public position.

Jacques Necker bought up the company's ships and stock of unsold goods when it went bankrupt in 1769.

Jacques Necker's wife made him give up his share in the bank, which he transferred to his brother Louis Necker and Jean Girardot in 1772.

In 1773, Jacques Necker won the prize of the Academie Francaise for a defense of state corporatism framed as an eulogy in honor of Louis XIV's minister Jean-Baptiste Colbert.

Jacques Necker's capital amounted to six or eight million livres, and he used Chateau de Madrid as a summer house.

Jacques Necker refused a salary, but he was not admitted to the Royal Council.

Jacques Necker gained popularity through regulating the government's finances by attempting to divide the taille and the capitation tax more equally, abolishing a tax known as the vingtieme d'industrie, and establishing monts de piete.

Jacques Necker tried through careful reforms to rehabilitate the disorganized state budget.

Jacques Necker abolished over five hundred sinecures and superfluous posts.

Jacques Necker succeeded only in Berry and Haute-Guyenne, where he installed assemblies with an equal number of members from the Third Estate.

The collection of indirect taxes was restored to the farmers-general, but Jacques Necker reduced their number by a third and subjected them to sharper scrutiny and control.

The main reason behind this was the action of Jacques Necker "cooking the books" or falsifying the records.

Jacques Necker brightened the picture by excluding military outlays and other 'extraordinary' charges and ignoring the national debt.

Jacques Necker met the challenge aggressively by asking the King to bring him into the royal council.

In revenge, Jacques Necker made the Compte rendu au roi public; in no time between 200,000 copies were sold.

Jacques Necker declared that he would resign unless given the full title and authority of a minister, with a seat on the Conseil du Roi.

In retirement, Jacques Necker, believing in "credible policy", occupied himself with law and economics, producing his famous Traite de l'administration des finances de la France.

For Calonne, the French deficit was caused by Jacques Necker, who had not raised the taxes.

In 1788, insurrections broke out in Brittany, and Jacques Necker was sacked again.

One of the most significant fiscal issues Jacques Necker faced was the American Revolutionary War and the resulting debt.

Jacques Necker warmed to the proposal but asked for collateral and the sanction of a large investment bank.

Jacques Necker decided that without collateral or the sanction of a major investment bank, the proposal was not acceptable.

Jacques Necker used the 2.4 million livres in the royal treasury as a collateral.

Jacques Necker succeeded in doubling the representation of the Third Estate to satisfy the nation's people.

Jacques Necker suffered from a cold and, after fifteen minutes, he asked the secretary of the Agricultural Society to read the remainder.

Jacques Necker invited the representatives to leave aside their factional interests and take into consideration the general, long-term interests of the nation.

Two weeks later, Jacques Necker seems to have sought to persuade the king to adopt a constitution similar to that of Great Britain and advised him in the strongest possible terms to make the necessary concessions before it was too late.

Jacques Necker had legitimate reasons to be concerned about the implications of this unprecedented decision.

Jacques Necker wrote to his brother that he was going back to the abyss.

Jacques Necker's entry into Versailles on the 29th was a festival day.

Jacques Necker proved to be powerless as tax revenue dropped quickly.

Jacques Necker proposed to borrow from the Caisse d'Escompte, but his intention to change the private bank into a national bank similar to the Bank of England failed.

Jacques Necker endeavored to dissuade the Assembly from the proposed issue; suggesting that other means could be found for accomplishing the result, and he predicted terrible evils.

Jacques Necker was not backed by Comte de Mirabeau, his strongest opponent who called for "national money" and won that day.

Jacques Necker did not step down on the decision to make the assignat legal tender.

Jacques Necker foretold that the paper money, with which the dividends were about to be paid, would soon be of no value.

Jacques Necker's popularity vanished and he resigned with a damaged reputation.

Mme Jacques Necker, who had always seen herself as ill, sank into mental illness.

Jacques Necker continued to live under the care of his daughter.

Jacques Necker was treated with respect when the army passed his mansion.

In early June 1800, Jacques Necker met with Napoleon on his way to Marengo.

Jacques Necker threatened to exile Madame de Stael from Paris because of this book.

Jacques Necker then foretold the suppression of the Tribunat as it took place under the French Consulate.

Jacques Necker was buried next to his wife in the garden of Coppet Castle.