Jacques Necker, Swiss-French politician, Chief Minister to the French Monarch (b. 1732)
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.
1804Apr, 9
Jacques Necker
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Events on 1804
- 14Feb
First Serbian Uprising
Karađorđe leads the First Serbian Uprising against the Ottoman Empire. - 16Feb
Stephen Decatur
First Barbary War: Stephen Decatur leads a raid to burn the pirate-held frigate USS Philadelphia. - 11Jul
Aaron Burr
A duel occurs in which the Vice President of the United States Aaron Burr mortally wounds former Secretary of the Treasury Alexander Hamilton. - 12Jul
Burr-Hamilton duel
Former United States Secretary of the Treasury Alexander Hamilton dies a day after being shot in a duel. - 25Sep
Lewis and Clark Expedition
The Teton Sioux (a subdivision of the Lakota) demand one of the boats from the Lewis and Clark Expedition as a toll for allowing the expedition to move further upriver.