The ascendancy of France, 1598-1715Wakeman, Henry Offley
History
The ascendancy of France, 1598-1715
Wakeman, Henry Offley
Europe -- History -- 17th century
Colbert had served his apprenticeship in the household of Mazarin.
Early in life the cardinal had noticed his singular capacity for
business, and had taken him into his service from that of Le Tellier,
and intrusted him with the care of his household. The suggestions which
Colbert made from time to time to his master about the conduct of his
business soon showed Mazarin that he had in his new servant not merely
an accurate clerk, but a financial organiser, and gradually he placed
in his hands the whole management of his private affairs. The cardinal
was at once frugal and extravagant, avaricious and luxurious, and it
was the duty of Colbert to buy the best of everything in the cheapest
market, and to surround his master with comforts, while he doubled and
trebled his fortune. It was no easy task, for the cardinal was very
particular. Shirts for Mazarin’s own use, the trousseaux of his nieces,
carpets for his palace, his wedding gift to the young queen, all had
to receive Colbert’s personal attention; while he was more particularly
responsible for the investments and commercial undertakings by means
of which the cardinal amassed his huge fortune. Colbert was thoroughly
fitted for the work he had to do. Gifted with a keen eye for business,
great shrewdness in his estimate of men, and unlimited patience in his
attention to details, unhampered by scruples, stimulated but not led
away by ambition, he unhesitatingly set himself to satisfy his master’s
avarice. He used the powers of the state to give the cardinal’s
merchandise priority in the markets, and to relieve it from the
overwhelming burden of the dues which pressed so hardly upon all other
merchants. Under his guidance the state itself as it were went into
business for the benefit of the prime minister, with the result that
only seven years after the end of the _Fronde_ the cardinal died
worth £2,000,000 of money, and bequeathed on his deathbed the architect
of his fortune to the young king and to France as his most precious
possession.
[Sidenote: =Nicholas Fouquet.=]
Public-domain text, read in full here on John Shaqi.
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