This is part of a series, written by Jim Zeender, devoted to letters written by the Founding Fathers in their own words and often in their own hand. Jim is the Senior Registrar in the Exhibits Division.
“It is impossible to increase taxes, disastrous to keep on borrowing, and inadequate to merely to cut expense.”
This is not a quote from the 2012 American elections or the current fiscal cliff debate. These are the words of Charles-Alexandre de Calonne, finance minister of France, describing the financial conditions of his country in 1786 to his king, Louis XVI.
The French monarchy was deep in debt due to continuous war expenditures, most recently from the American Revolution, when France supplied monies, ships, soldiers, and arms to the the struggling United States, not to mention its own naval engagements with the British Navy. The French people were poor and hungry, and there was great inequality among the classes. Attempts at reform failed, setting the stage for the bloody civil rupture known as the French Revolution, beginning with democratic ideas and ending in Napoleonic despotism.
With his experience in the Virginia House of Burgesses, the Continental Congress, and as Governor of Virginia behind him, Thomas Jefferson continued his practical education in world affairs in pre-revolutionary France. Across the Atlantic, the fledgling American government had its own problems, which though different, were … [ Read all ]
Posted by Hilary on December 5, 2012, under - Constitution, - Presidents, Pennsylvania Avenue.
Tags: Champs-Elysées, Constitution, Founding Fathers, guest post, Jefferson, Madison, Paris