Jacques Necker is dismissed as France's Finance Minister sparking the Storming of the Bastille.
The Storming of the Bastille (French: Prise de la Bastille [piz d la bastij]) was an event that occurred in Paris, France, on the afternoon of 14 July 1789, when revolutionaries stormed and seized control of the medieval armory, fortress, and political prison known as the Bastille. At the time, the Bastille represented royal authority in the centre of Paris. The prison contained only seven inmates at the time of its storming, but was seen by the revolutionaries as a symbol of the monarchy's abuse of power; its fall was the flashpoint of the French Revolution.
In France, 14 July is the national holiday, usually called Bastille Day in English.
Jacques Necker (IPA: [ʒak nɛkɛʁ]; 30 September 1732 – 9 April 1804) was a Genevan banker and statesman who served as finance minister for Louis XVI.Necker held the finance post between July 1777 and 1781, being "remembered today for taking the unprecedented step in 1781 of making public the country's budget, a novelty in an absolute monarchy where the state of finances had always been kept a secret." Necker was dismissed within a few months. By 1788 the inexorable compounding of interest on the national debt brought France to a fiscal crisis. Necker was recalled to royal service. His dismissal on 11 July 1789 was a factor in causing the Storming of the Bastille. Within two days Necker was recalled by the king and the assembly. Necker entered France in triumph and tried to accelerate the tax reform process. Faced with the opposition of the Constituent Assembly he resigned in September 1790 to a reaction of general indifference.
Necker was a constitutional monarchist, a political economist, and a moralist, who wrote a severe critique of the new principle of equality before the law.