Talleyrand-Périgord, Charles Maurice de, prince de Bénévent, 1754-1838
But the central question of French politics to every thoughtful man
was that of finance. He saw nobles coquetting with democracy who were
not prepared to surrender a tithe of those pecuniary privileges which
were strangling the actual order. He saw constitutionalists working
out their “theory of irregular verbs” without even a moderate grasp of
the crucial need. He immediately set himself to master the science of
finance and the fiscal disorders of his country. His archi-episcopal
friends were well acquainted with the one, and such friends as
Panchaud and Dupont de Nemours would help him with both. His first
open political expression was a vehement attack on Necker after his
assumption of power in 1776. There was a good deal of _parti pris_ in
his first attack. He ridiculed the person, the features, the dress,
the speech, and everything about Necker, as well as his financial
operations. But he did oppose on conviction the tactics of the Genevese
banker. He thought them too slow, too timid, too small-minded to
rescue France from the precipice. At last he made an opportunity for
a constructive effort. The funds of the clergy were interested in the
bank founded by Turgot, and when anxiety arose about this in 1784 he
forced his position as Agent-General (so he himself says), and drew up
a memoir in which he proposed a reconstruction of the bank. The memoir
attracted much attention. One elderly banker listened to it almost
with tears—at the pretty way in which he put banking common-places,
Talleyrand says. A number of experts became acquainted with him—Foulon,
Sainte-Foy, Daudé, &c. Presently he was introduced to Calonne, the new
Minister of Finance, a man of great ability but fitful and unscrupulous.
Public-domain text, read in full here on John Shaqi.
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