Skip to main content Accessibility help
×
Hostname: page-component-84b7d79bbc-fnpn6 Total loading time: 0 Render date: 2024-08-02T13:15:52.241Z Has data issue: false hasContentIssue false

5 - The Costs, Risks, and Rewards of Office

Published online by Cambridge University Press:  22 February 2024

Get access

Summary

In disbursing money for the navy and acting as a short-term funding recourse, the trésoriers incurred regular and extraordinary expenses which exposed them to many personal risks. As Table 1 below shows, over the course of a particular exercice, or financial year, the trésoriers faced a series of basic structural costs in remitting funds throughout France. The most prominent of these ordinary expenses was the remuneration, or appointements, of the commis employed by the trésoriers to execute payments in the ports and other localities. As the establishment and management of this network of private agents rested exclusively with the trésoriers, it was the trésoriers’ responsibility to pay the salaries of the commis working under them. However, the precise cost of hiring an individual commis for the duration of an exercice remains difficult to determine as the commis operated in relative obscurity. The total expense for which the trésoriers were personally liable was contingent on the proposed size of the naval budget and the projected scale of naval activity, which had a direct bearing on the number of commis that the trésoriers needed to help them make remittances. In the 1690s and 1700s, when the trésoriers’ private network reached its greatest extent, the trésoriers had to pay 197,500 l. in appointements to their agents in France and overseas over the course of an exercice. While the fact that the trésorier was responsible for salary payments to the commis might suggest that he exerted a degree of control over his agents, the opportunities offered by profiting from the provision of short-term loans and advances in the ports far outweighed the regular salary offered by the trésorier.

Aside from salary expenses, the trésoriers accumulated courier fees from the transmission of letters and packets between the trésoriers’ bureaus in Paris and the commis in the ports, as well as from correspondence with government ministers, local naval administrators, creditors, and major suppliers. By the 1700s, the trésoriers were paying an estimated 10,000 l. per exercice to the ferme générale des postes (the tax contractors that collected duties on post) through either the directors of the postal bureau or the tax contractors in Paris where the ferme directly administered the postal system.

Type
Chapter
Information
Maritime Power and the Power of Money in Louis XIV's France
Private Finance, the Contractor State, and the French Navy
, pp. 85 - 104
Publisher: Boydell & Brewer
Print publication year: 2023

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×