Chapter 25

Philip VI., surnamed _de Valois_, a more astute politician than his predecessor, felt the necessity of gaining the affections of the people by sparing their private fortunes. In order to establish the public revenue on a firm basis, he assembled, in 1330, the States-General, composed of barons, prelates, and deputies from the principal towns, and then, hoping to awe the financial agents, he authorised the arrest of the overseer, Pierre de Montigny, whose property was confiscated and sold, producing to the treasury the enormous sum of 1,200,000 livres, or upwards of 100,000,000 francs of present currency. The long and terrible war which the King was forced to carry on against the English, and which ended in the treaty of Bretigny in 1361, gave rise to the introduction of taxation of extreme severity. The dues on ecclesiastical properties were renewed and maintained for several years; all beverages sold in towns were taxed, and from four to six deniers in the pound were levied upon the value of all merchandise sold in any part of the kingdom. The salt tax, which Philippe le Bel had established, and which his successor, Louis X., immediately abolished at the unanimous wish of the people, was again levied by Philip VI., and this king, having caused the salt produced in his domains to be sold, "gave great offence to all classes of the community." It was on account of this that Edward III., King of England, facetiously called him the author of the _Salic_ law. Philippe de Valois, when he first ascended the throne, coined his money according to the standard weight of St. Louis, but in a short time he more or less alloyed it. This he did secretly, in order to be able to withdraw the pieces of full weight from circulation and to replace them with others having less pure metal in them, and whose weight was made up by an extra amount of alloy. In this dishonest way a considerable sum was added to the coffers of the state.

King John, on succeeding his father in 1350, found the treasury empty and the resources of the kingdom exhausted. He was nevertheless obliged to provide means to continue the war against the English, who continually harassed the French on their own territory. The tax on merchandise not being sufficient for this war, the payment of public debts contracted by the government was suspended, and the State was thus obliged to admit its insolvency. The mint taxes, called _seigneuriage_, were pushed to the utmost limits, and the King levied them on the new coin, which he increased at will by largely alloying the gold with base metals. The duties on exported and imported goods were increased, notwithstanding the complaints that commerce was declining. These financial expedients would not have been tolerated by the people had not the King taken the précaution to have them approved by the States-General of the provincial states, which he annually assembled. In 1355 the States-General were convoked, and the King, who had to maintain thirty thousand soldiers, asked them to provide for this annual expenditure, estimated at 5,000,000 _livres parisis_, about 300,000,000 francs of present currency. The States-General, animated by a generous feeling of patriotism, "ordered a tax of eight deniers in the pound on the sale and transfer of all goods and articles of merchandise, with the exception of inheritances, which was to be payable by the vendors, of whatever rank they might be, whether ecclesiastics, nobles, or others, and also a salt tax to be levied throughout the whole kingdom of France." The King promised as long as this assistance lasted to levy no other subsidy and to coin good and sterling money--i.e., _deniers_ of fine gold, _white_, or silver coin, coin of _billon_, or mixed metal, and _deniers_ and _mailles_ of copper. The assembly appointed travelling agents and three inspectors or superintendents, who had under them two receivers and a considerable number of sub-collectors, whose duties were defined with scrupulous minuteness. The King at this time renounced the right of seizin, his dues over property, inherited or conveyed by sale, exchange, gift, or will, his right of demanding war levies by proclamation, and of issuing forced loans, the despotic character of which offended everybody. The following year, the tax of eight deniers having been found insufficient and expensive in its collection, the assembly substituted for it a property and income tax, varying according to the property and income of each individual.

The finances were, notwithstanding these additions, in a low and unsatisfactory condition, which became worse and worse from the fatal day of Poitiers, when King John fell into the hands of the English. The States-General were summoned by the Dauphin, and, seeing the desperate condition in which the country was placed, all classes freely opened their purses. The nobility, who had already given their blood, gave the produce of all their feudal dues besides. The church paid a tenth and a half, and the bourgeois showed the most noble unselfishness, and rose as one man to find means to resist the common enemy. The ransom of the King had been fixed at three millions of _écus d'or,_ nearly a thousand million francs, payable in six years, and the peace of Bretigny was concluded by the cession of a third of the territory of France. There was, however, cause for congratulation in this result, for "France was reduced to its utmost extremity," says a chronicler, "and had not something led to a reaction, she must have perished irretrievably."

King John, grateful for the love and devotion shown to him by his subjects under these trying circumstances, returned from captivity with the solemn intention of lightening the burdens which pressed upon them, and in consequence be began by spontaneously reducing the enormous wages which the tax-gatherers had hitherto received, and by abolishing the tolls on highways. He also sold to the Jews, at a very high price, the right of remaining in the kingdom and of exercising any trade in it, and by this means he obtained a large sum of money. He solemnly promised never again to debase the coin, and he endeavoured to make an equitable division of the taxes. Unfortunately it was impossible to do without a public revenue, and it was necessary that the royal ransom should be paid off within six years. The people, from whom taxes might be always extorted at pleasure, paid a good share of this, for the fifth of the three millions of _écus d'or_ was realised from the tax on salt, the thirteenth part from the duty on the sale of fermented liquors, and twelve deniers per pound from the tax on the value of all provisions sold and resold within the kingdom. Commerce was subjected to a new tax called _imposition foraine_, a measure most detrimental to the trade and manufactures of the country, which were continually struggling under the pitiless oppression of the treasury. Royal despotism was not always able to shelter itself under the sanction of the general and provincial councils, and a few provinces, which forcibly protested against this excise duty, were treated on the same footing as foreign states with relation to the transit of merchandise from them. Other provinces compounded for this tax, and in this way, owing to the different arrangements in different places, a complicated system of exemptions and prohibitions existed which although most prejudicial to all industry, remained in force to a great extent until 1789.

When Charles V.--surnamed the Wise--ascended the throne in 1364, France, ruined by the disasters of the war, by the weight of taxation, by the reduction in her commerce, and by the want of internal security, exhibited everywhere a picture of misery and desolation; in addition to which, famine and various epidemics were constantly breaking out in various parts of the kingdom. Besides this, the country was incessantly overrun by gangs of plunderers, who called themselves _écorcheurs, routiers, tardvenus_, &c., and who were more dreaded by the country people even than the English had been. Charles V., who was celebrated for his justice and for his economical and provident habits, was alone capable of establishing order in the midst of such general confusion. Supported by the vote of the Assembly held at Compiègne in 1367, he remitted a moiety of the salt tax and diminished the number of the treasury agents, reduced their wages, and curtailed their privileges. He inquired into all cases of embezzlement, so as to put a stop to fraud; and he insisted that the accounts of the public expenditure in its several departments should be annually audited. He protected commerce, facilitated exchanges, and reduced, as far as possible, the rates and taxes on woven articles and manufactured goods. He permitted Jews to hold funded property, and invited foreign merchants to trade with the country. For the first time he required all gold and silver articles to be stamped, and called in all the old gold and silver coins, in order that by a new and uniform issue the value of money might no longer be fictitious or variable. For more than a century coins had so often changed in name, value, and standard weight, that in an edict of King John we read, "It was difficult for a man when paying money in the ordinary course to know what he was about from one day to another."

The recommencement of hostilities between England and France in 1370 unfortunately interrupted the progressive and regular course of these financial improvements. The States-General, to whom the King was obliged to appeal for assistance in order to carry on the war, decided that salt should be taxed one sol per pound, wine by wholesale a thirteenth of its value, and by retail a fourth; that a _fouage_, or hearth tax, of six francs should be established in towns, and of two francs in the country,[*] and that a duty should be levied in walled towns on the entrance of all wine. The produce of the salt tax was devoted to the special use of the King. Each district farmed its excise and its salt tax, under the superintendence of clerks appointed by the King, who regulated the assessment and the fines, and who adjudicated in the first instance in all cases of dispute. Tax-gatherers were chosen by the inhabitants of each locality, but the chief officers of finance, four in number, were appointed by the King. This administrative organization, created on a sound basis, marked the establishment of a complete financial system. The Assembly, which thus transferred the administration of all matters of taxation from the people at large to the King, did not consist of a combination of the three estates, but simply of persons of position--namely, prelates, nobles, and bourgeois of Paris, in addition to the leading magistrates of the kingdom.

[Footnote *: This is the origin of the saying "smoke farthing."]

The following extract from the accounts of the 15th November, 1372, is interesting, inasmuch as it represents the actual budget of France under Charles V.:--

Article 18. Assigned for the payment of men at arms ...... 50,000 francs. " 19. For payment of men at arms and crossbowmen newly formed .............................. 42,000 " " " For sea purposes ............................. 8,000 " " 20. For the King's palace ........................ 6,000 " " " To place in the King's coffers................ 5,000 " " 21. It pleases the King that the receiver-general should have monthly for matters that daily arise in the chamber ...................... 10,000 " " " For the payment of debts ..................... 10,000 "

Total ..................... 131,000 "

Thus, for the year, 131,000 francs in _écus d'or_ representing in present money about 12,000,000 francs, were appropriated to the expenses of the State, out of which the sum of 5,000 francs, equal to 275,000 francs of present money, was devoted to what we may call the _Civil List_.

On the death of Charles V., in 1380, his eldest son Charles, who was a minor, was put under the guardianship of his uncles, and one of these, the Duke d'Anjou, assumed the regency by force. He seized upon the royal treasury, which was concealed in the Castle of Melun, and also upon all the savings of the deceased king; and, instead of applying them to alleviate the general burden of taxation, he levied a duty for the first time on the common food of the people. Immediately there arose a general outcry of indignation, and a formidable expression of resistance was made in Paris and in the large towns. Mob orators loudly proclaimed the public rights thus trampled upon by the regent and the King's uncles; the expression of the feelings of the masses began to take the shape of open revolt, when the council of the regency made an appearance of giving way, and the new taxes were suppressed, or, at all events, partially abandoned. The success of the insurrectionary movement, however, caused increased concessions to be demanded by the people. The Jews and tax-collectors were attacked. Some of the latter were hung or assassinated, and their registers torn up; and many of the former were ill-treated and banished, notwithstanding the price they had paid for living in the kingdom.

The assembly of the States, which was summoned by the King's uncles to meet in Paris, sided with the people, and, in consequence, the regent and his brother pretended to acknowledge the justice of the claims which were made upon them in the name of the people, and, on their withdrawing the taxes, order was for a time restored. No sooner, however, was this the case than, in spite of the solemn promises made by the council of regency, the taxes were suddenly reimposed, and the right of farming them was sold to persons who exacted them in the most brutal manner. A sanguinary revolt, called that of the _Maillotins_, burst forth in Paris; and the capital remained for some time in the power of the people, or rather of the bourgeois, who led the mob on to act for them (1381-1382). The towns of Rouen, Rheims, Troyes, Orleans, and Blois, many places in Beauvoise, in Champagne, and in Normandy, followed the example of the Parisians, and it is impossible to say to what a length the revolt would have reached had it not been for the victory over the Flemish at Rosebecque. This victory enabled the King's uncles to re-enter Paris in 1383, and to re-establish the royal authority, at the same time making the _Maillotins_ and their accomplices pay dearly for their conduct. The excise duties, the hearth tax, the salt tax, and various other imposts which had been abolished or suspended, were re-established; the taxes on wine, beer, and other fermented liquors was lowered; bread was taxed twelve deniers per pound, and the duty on salt was fixed at the excessive rate of twenty francs in gold--about 1,200 francs of present money--per hogshead of sixty hundredweight. Certain concessions and compromises were made exceptionally in favour of Artois, Dauphiné, Poitou, and Saintonge, in consideration of the voluntary contributions which those provinces had made.

Emboldened by the success of their exacting and arbitrary rule, the Dukes of Anjou, Burgundy, and Berry, under pretext of requiring money for war expenses, again increased the taxes from the year 1385 to 1388; and the salt tax was raised to forty golden francs, about 24,000 francs of present money, per hogshead. The ecclesiastics paid a half décime to the King, and several décimes to the Pope, but these did not prevent a forced loan being ordered. Happily, Charles VI. about this period attained his majority, and assumed his position as king; and his uncle, the Duke of Bourbon, who was called to the direction of affairs, re-established comparative order in financial matters; but soon after the King's brother, the Duke of Orleans, seized the reins of government, and, jointly with his sister-in-law, Isabel of Bavaria, increased the taxation far beyond that imposed by the Duke d'Anjou. The Duke of Burgundy, called John the Fearless, in order to gratify his personal hatred to his cousin, Louis of Orleans, made himself the instrument of the strong popular feeling by assassinating that prince as he was returning from an entertainment. The tragical death of the Duke of Orleans no more alleviated the ills of France than did that of the Duke of Burgundy sixteen years later--for he in his turn was the victim of a conspiracy, and was assassinated on the bridge of Montereau in the presence of the Dauphin (Fig. 283). The marriage of Isabel of France with the young king Richard of England, the ransom of the Christian prisoners in the East, the money required by the Emperor of Constantinople to stop the invasions of the Turks into Europe, the pay of the French army, which was now permanent, each necessarily required fresh subsidies, and money had to be raised in some way or other from the French people. Distress was at its height, and though the people were groaning under oppression, they continued to pay not only the increased taxes on provisions and merchandise, and an additional general tax, but to submit to the most outrageous confiscations and robbery of the public money from the public treasuries. The State Assemblies held at Auxerre and Paris in 1412 and 1413, denounced the extravagance and maladministration of the treasurers, the generals, the excisemen, the receivers of royal dues, and of all those who took part in the direction of the finances; though they nevertheless voted the taxes, and promulgated most severe regulations with respect to their collection. To meet emergencies, which were now becoming chronic, extraordinary taxes were established, the non-payment of which involved the immediate imprisonment of the defaulter; and the debasement of the coinage, and the alienation of certain parts of the kingdom, were authorised in the name of the King, who had been insane for more than fifteen years. The incessant revolts of the bourgeois, the reappearance of the English on the soil of France, the ambitious rivalry of Queen Isabel of Bavaria leagued with the Duke of Burgundy against the Dauphin, who had been made regent, at last, in 1420, brought about the humiliating treaty of Troyes, by which Henry V., king of England, was to become king of France on the death of Charles VI.

This treaty of Troyes became the cause of, and the pretext for, a vast amount of extortion being practised upon the unfortunate inhabitants of the conquered country. Henry V., who had already made several exactions from Normandy before he had obtained by force the throne of France, did not spare the other provinces, and, whilst proclaiming his good intentions towards his future subjects, he added a new general impost, in the shape of a forced loan, to the taxes which already weighed so heavily on the people. He also issued a new coinage, maintained many of the taxes, especially those on salt and on liquors, even after he had announced his intention of abolishing them.

At the same time the Dauphin Charles, surnamed _Roi de Bourges_, because he had retired with his court and retinue into the centre of the kingdom (1422), was sadly in want of money. He alienated the State revenues, he levied excise duties and subsidies in the provinces which remained faithful to his cause, and he borrowed largely from those members of the Church and the nobility who manifested a generous pity for the sad destiny of the King and the monarchy. Many persons, however, instead of sacrificing themselves for their king and country, made conditions with him, taking advantage of his position. The heir to the throne was obliged in many points to give way, either to a noble whose services he bargained for, or to a town or an abbey whose aid he sought. At times he bought over influential bodies, such as universities and other corporation, by granting exemptions from, or privileges in, matters of taxation, &c. So much was this the case that it may be said that Charles VII. treated by private contract for the recovery of the inheritances of his fathers. The towns of Paris and Rouen, as well as the provinces of Brittany, Languedoc, Normandy, and Guyenne, only returned to their allegiance to the King on conditions more or less advantageous to themselves. Burgundy, Picardy, and Flanders--which were removed from the kingdom of Charles VII. at the treaty of peace of Arras in 1435--cordially adopted the financial system inaugurated by the Duke of Burgundy, Philip the Good.

Charles VII. reconquered his kingdom by a good and wise policy as much as by arms. He, doubtless, had cause to be thankful for the valeur and devotion of his officers, but he principally owed the success of his cause to one man, namely, his treasurer, the famous Jacques Coeur, who possessed the faculty of always supplying money to his master, and at the same time of enriching himself (Fig. 284). Thus it was that Charles VII., whose finances had been restored by the genius of Jacques Coeur, was at last able to re-enter his capital triumphantly, to emancipate Guyenne, Normandy, and the banks of the Loire from the English yoke, to reattach to the crown a portion of its former possessions, or to open the way for their early return, to remove bold usurpers from high places in the State, and to bring about a real alleviation of those evils which his subjects had so courageously borne. He suppressed the fraud and extortion carried on under the name of justice, put a stop to the sale of offices, abolished a number of rates illegally levied, required that the receivers' accounts should be sent in biennially, and whilst regulating the taxation, he devoted its proceeds entirely to the maintenance and pay of the army. From that time taxation, once feudal and arbitrary, became a fixed royal due, which was the surest means of preventing the pillage and the excesses of the soldiery to which the country people had been subjected for many years. Important triumphs of freedom were thus obtained over the tyrannical supremacy of the great vassals; but in the midst of all this improvement we cannot but regret that the assessors, who, from the time of their creation by St. Louis, had been elected by the towns or the corporations, now became the nominees of the crown.