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Part III - Paymaster Accountability and the Limitations of the State

Published online by Cambridge University Press:  22 February 2024

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Summary

Introduction

Part II established the importance of the naval trésoriers to the crown's ability to fund the navy and outlined the financial risks of their responsibilities. Part III highlights the weaknesses of the financial controls in place to oversee and regulate the activities of the naval treasury in the 1700s. Chapter Six begins by outlining the three levels of accountability to which the trésoriers were theoretically subjected and then underscores how ineffective these accountability measures became when war strained the state's organisational capacities. Chapter Seven examines the challenges of holding the trésoriers to account in wartime as the naval administration failed to manage the flow of financial information. Chapter Eight then outlines the scale of misappropriation and fraudulent activity that certain trésoriers perpetrated. In practice, the trésoriers had long operated in an accountability void under Louis XIV. However, by the War of the Spanish Succession, the crown's inability to exercise tight control over the trésoriers’ operations allowed the trésoriers to prioritise their own financial positions over the navy's financial needs and prevented ministers from identifying financing problems as they developed.

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. 105
Publisher: Boydell & Brewer
Print publication year: 2023

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