February 12th, 2014
Being a Salmagundi from the Talking-Pointes of the late Sieur Davide du Camerone, Gentleman of the Privy and Counsellier upon the Fourth Estate to his most Catholic Majesty, the late King Louis XVI
An unexpectedly large forecast error in the Budget leads Finance Minister Necker to call an emergency Estates-General:
We’re all in this together. Only a balanced parliament reflecting the national consensus to deal with the debt can keep us from ending up like Spain. M. Colbert didn’t fix the roof while the sun was shining, but His Majesty is determined to get our finances in surplus by 1792. That’s on a rolling five-year cash basis excluding interventions in North America and royal mistresses.