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Don’t wait a moment longer… [Buy this stock today]( I won’t charge you even a penny to learn the name (and you won't have to enter your e-mail address or phone number, either)... I reveal the name and ticker symbol completely free of charge [right here](. Regards, Whitney Tilson Founder, Empire Financial Research   You are receiving our newsletter because you opted-in for it on one of our sister websites. Make sure you stay up to date with finance news by [whitelisting us](. Copyright © 2023 New Trading View.com All Rights Reserved[.]( 234 5th Ave, New York, NY 10001, United States [Privacy Policy]( l [Terms & Conditions]( Thinking about unsubscribing? We hope not! But, if you must, the link is below. [Unsubscribe]( Louis XV (15 February 1710 – 10 May 1774), known as Louis the Beloved (French: le Bien-Aimé),[1] was King of France from 1 September 1715 until his death in 1774. He succeeded his great-grandfather Louis XIV at the age of five. Until he reached maturity (then defined as his 13th birthday) on 15 February 1723, the kingdom was ruled by his grand-uncle Philippe II, Duke of Orléans, as Regent of France. Cardinal Fleury was chief minister from 1726 until his death in 1743, at which time the king took sole control of the kingdom. His reign of almost 59 years (from 1715 to 1774) was the second longest in the history of France, exceeded only by his predecessor, Louis XIV, who had ruled for 72 years (from 1643 to 1715).[2] In 1748, Louis returned the Austrian Netherlands, won at the Battle of Fontenoy of 1745. He ceded New France in North America to Great Britain and Spain at the conclusion of the disastrous Seven Years' War in 1763. He incorporated the territories of the Duchy of Lorraine and the Corsican Republic into the Kingdom of France. Historians generally criticize his reign, citing how reports of his corruption embarrassed the monarchy, while his wars drained the treasury and produced little gain. A minority of scholars dispute this view, arguing that it is the result of revolutionary propaganda. His grandson and successor Louis XVI would inherit a kingdom in need of financial and political reform which would ultimately lead to the French Revolution of 1789. Early life and the Regency (1710–1723) Main article: Régence The infant Louis with his governess, grandfather, great-grandfather and father, and the busts of Henry IV and Louis XIII in the background. Madame de Ventadour holds her charge's reins. The portrait, painted for her, commemorates her part in saving the dynasty. Louis XV was the great-grandson of Louis XIV and the third son of the Duke of Burgundy (1682–1712), and his wife Marie Adélaïde of Savoy, who was the eldest daughter of Victor Amadeus II, Duke of Savoy. He was born in the Palace of Versailles on 15 February 1710 and was immediately styled the Duke of Anjou. At this time, the possibility of the Duke of Anjou becoming the next king seemed rather remote as Louis XIV's eldest son and heir, Louis's paternal grandfather Louis Le Grand Dauphin, was expected to assume the throne upon the old king's death. Next in line to the throne behind the Grand Dauphin was his eldest son- Louis's father Le Petit Dauphin and then Louis's elder brother, a child named Louis Duke of Brittany. Disease, however, steered the line of succession forward three generations and sideways: on 14 April 1711 the Grand Dauphin, died of smallpox ,[3] and less than a year later, on 12 February 1712 the future king's mother, Marie Adélaïde, who had been stricken with measles, died, followed six days later by Louis's father, her devoted husband who would not leave her side during her illness. With the death of both the Grand and Petit dauphins, Louis's elder brother immediately became Dauphin of France, but just over two weeks further still, on 7 March, it was found that both the elder Louis and the younger Louis had also contracted measles. The two brothers were treated in the traditional way, with bloodletting. On the night of 8–9 March, the new Dauphin, age five, died from the combination of the disease and the treatment. The governess of Louis, Madame de Ventadour, forbade the doctors to bleed the two year old Duke of Anjou by hiding him in a palace closet where she cared for him alone; where he survived despite being very ill.[4] When Louis XIV himself finally died on 1 September 1715, Louis, at the age of five, trembling and crying and against all probability, inherited the throne as Louis XV.[5] According to Charles V's royal ordinance of 1374 the Kingdom of France must be governed by a regent until a given king had reached the age of 13.[6] The title of regent was customarily assigned to an under-aged king's nearest adult living relative, often his mother or an uncle. But as Louis's mother had been struck down by disease, and as his only uncle had already been enthroned as King of Spain, the job fell to his great-uncle Philippe II, Duke of Orléans. However Louis XIV had distrusted Philippe, who was a renowned soldier but was regarded by the late King as an atheist and libertine. The King referred privately to Philippe as a Fanfaron des crimes ("braggart of crimes").[7] Louis XIV had desired for France to be ruled by his favorite but illegitimate son, the Duke of Maine (illegitimate son of Louis XIV and Madame de Montespan), who was in the council and who, because of a dramatic change in the laws of succession instituted by Louis XIV, and, as his oldest surviving male descendant, could now legally become king if the legitimate direct line of succession became extinguished. In August 1714, shortly before his own death, the King rewrote his will to restrict the powers of the regent; it stipulated that the nation was to be governed by a Regency Council made up of fourteen members until the new king reached the age of majority. Philippe, nephew of Louis XIV, was named president of this Council, but other members included the Duke of Maine and at least seven of his well-known allies. According to the will, all decisions were to be made by majority vote, meaning that the president could always be outvoted by Maine's party and effectively allowing Maine to rule France for the next eight years . Philippe saw the trap. The Parlement of Paris, an assembly of French nobles among whom Philippe had many friends, was the only judicial body in France with the authority to have this portion of the deceased King's will annulled, and immediately after the King's death Philippe approached the Parlement requesting that they do just this. [8] In exchange for their support he agreed to restore to the Parlement its droit de remontrance (right of remonstrance) – the right to challenge a king's decisions – which had been removed by Louis XIV. The droit de remontrance would impair the monarchy's functioning and marked the beginning of a conflict between the Parlement and King which contributed to the French Revolution in 1789.[9] In the mean time, however, the will was annulled and Philippe was installed as Regent with full powers to act in the name of the King in all matters. Tsar Peter the Great of Russia picks up the young King (1717), painted around 1838 On 9 September 1715, Philippe had the young King transported away from the court in Versailles to Paris, where the Regent had his own residence in the Palais Royal. On 12 September, the King performed his first official act, opening the first lit de justice of his reign at the Palais Royal. From September 1715 until January 1716 he lived in the Château de Vincennes, before moving to the Tuileries Palace. In February 1717, when he had reached the age of seven, the King was taken away in tears from his beloved governess Madame Ventadour and placed in the care of François de Villeroy, the 73-year-old Duke and Maréchal de France, named as his governor in Louis XIV's will of August 1714. Villeroy instructed the young King in court etiquette, taught him how to review a regiment, and how to receive royal visitors. His guests included the Russian Tsar Peter the Great in 1717; at their first meeting and contrary to ordinary protocol between such great rulers, the two-meter-tall Tsar greeted Louis by picking him up under the arms and giving him a kiss. Louis also learned the skills of horseback riding and hunting, which became great passions.[10] In 1720, following the example of Louis XIV, Villeroy had the young Louis dance in public in two ballets-- once at the Tuileries Palace on 24 February 1720, and then again in The Ballet des Elements on 31 December 1721.[11] The shy Louis was terrified of these performances, and never danced in another ballet.[12] The King's tutor was the Abbé André-Hercule de Fleury, the bishop of Fréjus (and later to become Cardinal de Fleury), who saw that he was instructed in Latin, Italian, history and geography, astronomy, mathematics and drawing, and cartography. The King had charmed the visiting Russian Tsar in 1717 by identifying the major rivers, cities and geographic features of Russia. In his later life the King retained his passion for science and geography; he created departments in physics (1769) and mechanics (1773) at the Collège de France,[13] and he sponsored the first complete and accurate map of France, the Cartes de Cassini.[14] Besides his academic studies, he received a practical education in government. Beginning in 1720 he attended the regular meetings of the Regency Council. Louis with the regent, Philippe of Orléans (1718) One economic crisis disrupted the Regency; the Scottish economist and banker John Law was named controller-general of finances. In May 1716, he opened the Banque Générale Privée ("General Private Bank"), which soon became the Banque Royal. It was mostly funded by the government, and was one of the earliest banks to issue paper money, which he promised could be exchanged for gold.[15] He also persuaded wealthy Parisians to invest in the Mississippi Company, a scheme for the colonization of the French territory of Louisiana. The stock of the company first soared and then collapsed in 1720, taking the bank with it. Law fled France, and wealthy Parisians became reluctant to make further investments or trust any currency but gold.[16] In 1719, France, in alliance with Britain and the Dutch Republic, declared war on Spain. Spain was defeated on both land and sea, and quickly sought peace. A Franco-Spanish treaty was signed on 27 March 1721. The two governments proposed to unite their royal families by marrying Louis to Mariana Victoria of Spain, the seven-year-old daughter of Philip V of Spain, who was himself a grandson of Louis XIV. The marriage contract was signed on 25 November, and the future bride came to France and took up residence in the Louvre. However, after the death of the Regent, in 1725, the new Prime Minister decided she was too young to have children soon enough, and she was sent back to Spain.[17] During the rest of the Regency, France was at peace, and in 1720, the Regent decreed an official silence on religious conflicts.[18] Montesquieu and Voltaire published their first works, and the Age of Enlightenment in France quietly began.[19] Government of the Duke of Bourbon (1723–1726) Coronation of Louis XV at Reims Cathedral (1722) On 15 June 1722, as Louis approached his thirteenth birthday, the year of his majority, he left Paris and moved back to Versailles, where he had happy memories of his childhood, but where he was far from the reach of public opinion. On 25 October, Louis was crowned King at the Cathedral of Reims.[20] On 15 February 1723, the king's majority was declared by the Parlement of Paris, officially ending the regency. Philippe continued to manage the government, and took the title of Prime Minister in August 1723, but while visiting his mistress, far from the court and medical care, he died in December of the same year. Following the advice of his preceptor Fleury, Louis XV appointed his cousin Louis Henri, Duke of Bourbon, to replace the late Duke of Orléans as prime minister. Marriage and children Queen Marie, by Carle Van Loo (1747) One of the first priorities of the Duke of Bourbon was to find a bride for the King, to assure the continuity of the monarchy, and especially to prevent the succession to the throne of the Orléans branch of the family, the rivals of his branch.[21] A list of 99 princesses was prepared, among them being Princess Anne of Great Britain, Barbara of Portugal, Princess Charlotte Amalie of Denmark, Elisabeth Therese of Lorraine, Enrichetta d'Este and the Duke's own sisters Henriette Louise de Bourbon and Élisabeth Alexandrine de Bourbon.[22] In the end, the 21-year-old Marie Leszczyńska, daughter of Stanislaus I, the deposed king of Poland, was chosen. The marriage was celebrated in September 1725 when the king was 15 and Marie was 22. Louis was said to have fallen in love with Marie instantly, and consummated his marriage to her seven times on their wedding night.[23] From 1727 to 1737, Marie gave Louis XV ten children: eight girls and two boys. Of the boys, only the elder, the Dauphin Louis (1729–1765), survived childhood. While he did not live to rule, his birth as the awaited heir was welcomed with celebration in all spheres of French society. (The Dauphin Louis would go on to marry Maria Josephina of Saxony in 1747, who gave birth to the next three Kings of France: Louis XVI, Louis XVIII, and Charles X).[24] Louis XV's second son, the Duke of Anjou, was born in 1730 and died in 1733. Of the daughters only the two oldest daughters, who were fraternal twins, were raised at Versailles; the others were sent away to be raised at the Abbey of Fontevrault. Marie was a pious and timid Queen who spent most of her time secluded with her own courtiers. She was a musician, read extensively, and played social games with her courtiers. After 1737, she did not share her bed with the King. She was deeply upset by the death of her son the Dauphin in 1765, and died on 24 June 1768.[25] Unigenitus, Jansenism and religious conflict One of the first serious conflicts that disturbed the early reign of Louis XV was a battle within the Catholic Church over a Papal Bull called Unigenitus. The Bull was requested by Louis XIV of Pope Clement XI and granted on 8 September 1713. It was a fierce condemnation of Jansenism, a Catholic doctrine based largely on the teachings of Saint Augustine. Jansenism had attracted many important followers in France, including the philosopher Blaise Pascal, the poet Racine, aristocrats including Madame de Sévigné and Madame de Lafayette. The faculty of the Sorbonne, then primarily a theological college and a center of Jansenism, demanded clarification from the government. The Jansenists were allied with the Gallicans, theologians who wanted the Catholic Church in France to be distinctly French. The opposition to Unigenitus was particularly strong among the members of the Parlement de Paris, the assembly of the nobles. Despite the protests, on 24 March 1730 Cardinal Fleury persuaded the King to issue a decree that Unigenitus was the law of France as well as that of the Church. The government and church imposed repressive measures. On 27 April 1732, the Archbishop of Paris threatened to excommunicate any member of the Church who read the Jansenist journal, Nouvelles Ecclésiastiques. The Parlement was strictly forbidden to discuss religious questions, preventing them from opposing the Unigenitus bull. Priests who did not accept Unigenitus were denied the authority to administer last rites to the dying.[26] A new tax, the cinquantième, was levied against religious figures who had previously been exempted from taxation. Jansenists and Protestants were threatened with prison and banishment.[27] As a result of these repressive acts, religious dissent remained an issue throughout the King's reign. Tension grew between the Duke of Bourbon and Cardinal de Fleury over the King's favor. The Duke's rigid and cold personality did not appeal to the young King, who turned to his old tutor for advice on how to run the affairs of state. When the King insisted that Fleury was to be included in all meetings between himself and the Duke of Bourbon, the Duke was infuriated and began to undermine Fleury's position at court. When the King became aware of the Duke's intrigue, he abruptly dismissed him and replaced him with Fleury.[28] Rule with Cardinal de Fleury (1726–1743) Finances and control of dissent Cardinal de Fleury by Hyacinthe Rigaud From 1726 until his death in 1743, Fleury effectively ruled France with the king's assent. Fleury dictated the choices to be made, and encouraged the king's indecision and flattered his pride. He forbade the king to discuss politics with the Queen. In order to save on court expenses, he sent the youngest four daughters of the king to be educated at the Abbey of Fontevrault. On the surface it was the most peaceful and prosperous period of the reign of Louis XV, but it was built upon a growing volcano of opposition, particularly from the noble members of the Parlements, who saw their privileges and power reduced. Fleury made the Papal doctrine Unigenitus part of French law and forbade any debate in Parlement, which caused the silent opposition to grow. He also downplayed the importance of the French Navy, which would prove be a fatal mistake in future conflicts.[29] Fleury showed the King the virtues of a stable government; he kept the same Minister of War, Bauyn d'Angervilliers, and controller of the currency, Philibert Orry, for twelve years, and his minister of foreign affairs, Germain Louis Chauvelin, for ten years. His minister of the Navy and household of the King, the Conte de Maurepas, was in office the entire period. In all he had just thirteen ministers over the course of nineteen years, while the King, in his last thirty-one years, employed forty-three.[30] Louis's Controller-General of Finances Michel Robert Le Peletier des Forts (1726–1730), stabilized the French currency, though he was expelled for enriching himself in 1730. His successor, Philibert Orry, substantially reduced the debt caused by the War of the Spanish Succession, and simplified and made more fair the tax system, though he still had to depend upon the unpopular dixieme, or tax of the tenth of the revenue of every citizen. Orry managed, in the last two years of Fleury's government, to balance the royal budget, an accomplishment never again repeated during the rest of the reign.[31] Fleury's government expanded commerce, both within France and with the rest of the world. Transportation and shipping were improved with the completion of the Saint-Quentin canal (linking the Oise and Somme rivers) in 1738, which was later extended to the Escaut River and the Low Countries, and the systematic building of a national road network. By the middle of the 18th century, France had the most modern and extensive road network in the world. The Council of Commerce stimulated trade, and French foreign maritime trade increased from 80 to 308 million livres between 1716 and 1748.[32] The Government continued its policy of religious repression, aimed at the Jansenists and the so-called "Gallicans" in Parlements of nobles. After the dismissal of 139 members of provincial parlements for opposing the official government and papal doctrine of Unigenitus, the Parlement of Paris had to register the Unigenitus papal bull and was forbidden to hear religious cases in the future.[33] Foreign relations – New alliances; the War of the Polish Succession Louis XV in coronation robes (1730) In the first years of his governance, Fleury and his foreign minister Germain Louis Chauvelin sought to maintain the peace by maintaining the French alliance with Great Britain, despite their colonial rivalry in North America and the West Indies. They also rebuilt the alliance with Spain, which had been shaken by the anger of the Spanish King when Louis refused to marry the Spanish infanta. The birth of the king's male heir in 1729 dispelled the risks of a succession crisis in France. However, new powers were emerging on the European stage, particularly Russia under Peter the Great and his successor, Catherine. The Habsburg monarchy under Charles VI was assembling a scattered but impressive empire as far as Serbia in southeastern Europe with territories taken from the Ottoman Empire, and from Spain, acquiring the Austrian Netherlands, Milan and the Kingdom of Naples.[34] A new coalition against France began to assemble in eastern Europe, sealed by a defensive treaty signed on 6 August 1726 between Prussia, Russia and Austria. In 1732 the coalition came into direct conflict with France over the succession to the Polish throne. The King of Poland and Elector of Saxony, Augustus II, was dying, and the favoured candidate to succeed him was Stanislaus I Leszczyński, the father of the Queen of France. In the same year Russia, Prussia and Austria signed a secret agreement to exclude Stanislaus from the throne, and put forward another candidate, Augustus III, son of the deceased Polish king. The death of Augustus on 1 February 1733, with two heirs claiming the throne, sparked the War of the Polish Succession. Stanislaus traveled to Warsaw, where he was elected and crowned on 12 September. Catherine of Russia immediately marched her regiments into Poland to support her candidate. Stanislaus was forced to flee to the fortified port of Danzig, while on 5 October Augustus III was crowned in Warsaw.[35] Stanislaus I Leszczyński, father-in-law of Louis XV and briefly King of Poland Cardinal Fleury responded with a carefully orchestrated campaign of diplomacy. He first won assurances from Britain and Holland that they would not interfere in the war, while lining up alliances with Spain and Charles Emmanuel III of Sardinia in exchange for pieces of the Habsburg monarchy. On 10 October 1733, Louis formally declared war against Austria. A French army occupied the Duchy of Lorraine, while another crossed the Alps and captured Milan on 3 November, handing it over to the King of Sardinia.[36] Fleury was less energetic in his actions to restore the Polish throne to Stanislaus, who was blockaded by the Russian navy and army in Danzig. Instead of sending the largest part of the French fleet from its station off Copenhagen to Danzig, he ordered it to return to Brest and sent only a small squadron with two thousand soldiers, which after a fierce action was sunk by the Russians. On 3 July Stanislaus was forced to flee again, in disguise, to Prussia, where he became the guest of King Frederick William I of Prussia in the castle of Königsberg. To bring the war to an end, Fleury and Charles VI negotiated an ingenious diplomatic solution. Francis III, Duke of Lorraine, left Lorraine for Vienna, where he married Maria Theresa, the heir presumptive to the Habsburg thrones. The vacant throne of Lorraine was to be occupied by Stanislaus, who abandoned his claim to the Polish throne. Upon the death of Stanislaus, the Duchy of Lorraine and Bar would become part of France. Francis, as the future emperor, would be compensated for the loss of Lorraine by the granting of the Grand Duchy of Tuscany. The King of Sardinia would be compensated with certain territories in Lombardy. The marriage of Francis of Lorraine and Maria Theresa took place in 1736, and the other exchanges took place in turn. With the death of Stanislaus in 1766, Lorraine and the neighboring Duchy of Bar became part of France.[37][38] In September 1739, Fleury scored another diplomatic success. France's mediation in the war between the Holy Roman Empire and the Ottoman Empire led to the Treaty of Belgrade (September 1739), which favoured the Ottoman Empire, beneficiary of a Franco-Ottoman alliance against the Habsburgs since the early 16th century. As a result, the Ottoman Empire in 1740 renewed the French capitulations, which marked the supremacy of French trade in the Middle East. With these successes, Louis XV's prestige reached its highest point. In 1740 Frederick William I of Prussia declared "Since the Treaty of Vienna France is the arbiter of Europe."[39] War of the Austrian Succession Main article: War of the Austrian Succession On 29 October 1740, a courier brought the news to the King, who was hunting in Fontainebleau, that the Emperor Charles VI was dead, and his daughter Maria Theresa was set to succeed him. After two days of reflection, Louis declared, "In these circumstances, I don't want to get involved at all. I will remain with my hands in my pockets, unless of course they want to elect a Protestant emperor."[40] This attitude did not please France's allies, who saw an opportunity to take parts of the Habsburg empire, or Louis's generals, who for a century had won glory fighting Austria. The King in Prussia had died on 31 May and was succeeded by his son Frederick the Great, a military genius with ambitions to expand Prussia's borders. The Elector Charles Albert of Bavaria, supported by Frederick, challenged the succession of Maria Theresa, and on 17 December 1740 Frederick invaded the Austrian province of Silesia. The elderly Cardinal Fleury had too little energy left to oppose this war. Fleury sent his highest ranking general, Charles Louis Auguste Fouquet, duc de Belle-Isle, the Maréchal de Belle-Isle, the grandson of Nicolas Fouquet, the famous disgraced controller of finances of Louis XIV, as his ambassador to the Diet of Frankfurt, with instructions to avoid a war by supporting the candidacy of the Elector of Bavaria to the Austrian throne. Instead, the Maréchal, who detested the Austrians, made an agreement to join with the Prussians against Austria, and the war began.[41] French and Bavarian armies quickly captured Linz and laid siege to Prague. On 10 April 1741 Frederick won a major victory over the Austrians at the Battle of Mollwitz. On 18 May, Fleury assembled a new alliance combining France, Prussia, Spain and Bavaria, later joined by Poland and Sardinia. However, in 1742, the balance of the war shifted against France. The German-born British King, George II, who was also the Elector of Hanover, joined the war on the side of Austria and personally took charge of his soldiers fighting the French in Germany. Maria Theresa's Hungarian army recaptured Linz and marched into Bavaria as far as Munich. In June, Frederick of Prussia withdrew from the alliance with France, after gaining the Duchies of Silesia from the Austrians. Belleville had to abandon Prague, with a loss of eight thousand men. For seven years, France was engaged in a costly war with constantly shifting alliances. Orry, the superintendent of French finance, was forced to reinstate the highly unpopular dixieme tax to fund the war. Cardinal de Fleury did not live to see the end of the conflict; he died on 29 January 1743, and thereafter Louis ruled alone.[42] Louis XV and Maurice de Saxe at the Battle of Lauffeldt (2 July 1747) The war in Germany was not going well; the French and Bavarian forces were faced with the combined armies of Austria, Saxony, Holland, Sardinia and Hanover. The army of the Duke of Noailles was defeated by a force of British, Hessian and Hanover soldiers led by George II at the Battle of Dettingen, and in September French forces were compelled to abandon Germany.[43] In 1744, the Austrian Netherlands became the primary battlefield of the war, and the French position began to improve. Frederick the Great decided to rejoin the war on the French side. Louis XV left Versailles to lead his armies in the Netherlands in person, and French field command was given to the German-born Maréchal Maurice de Saxe, a highly competent general. At the Battle of Fontenoy on 11 May 1745, Louis, accompanied by his young son the Dauphin, came under fire for the first time and witnessed a French victory over combined British, Dutch and Austrian forces. When the Dauphin became excited at the sight of so many dead enemy soldiers, the King told him, "You see what a victory costs. The blood of our enemies is still the blood of men. The true glory is to spare it."[44] Saxe went on to win further victories at Rocoux (1746) and Lauffeld (1747). In 1746 French forces besieged and occupied Brussels, which Louis entered in triumph. The King gave de Saxe the Chateau de Chambord in the Loire Valley as a reward for his victories. Personal government (1743–1757) Louis XV, portrait by Maurice-Quentin de La Tour (1748) Finance minister Jean Baptiste de Machault D'Arnouville, who attempted to reform the French tax system After Fleury's death in January 1743, his war minister, the Duke of Noailles, showed the King a letter that Louis XIV had written to his grandson, Philip V of Spain; it counseled: "Don't allow yourself to be governed; be the master. Never have a favorite or a prime minister. Listen, consult your Council, but decide yourself. God, who made you King, will give you all the guidance you need, as long as you have good intentions."[45] Louis followed this advice and decided to govern without a prime minister. Two of his ministers took the most prominent positions in his government; the finance minister, Jean Baptiste de Machault D'Arnouville, and the minister of the armies, Comte d'Argenson. With the end of the war, Louis decided to take the opportunity to reduce the debt and modernize the system of taxation of the Kingdom. The package of reforms was put together by his finance minister D'Arnouville and was approved by the King and presented in two decrees issued in May 1749. The first measure was an issue of bonds, paying five percent interest, to pay off the 36 million livres of debt caused by the cost of the war. This new measure was an immediate success. The second measure was the abolition of the dixième, a tax of ten percent of revenue, which had been created to finance the war, and its replacement by the vingtième, a tax of five percent on net revenue, which, unlike the dixième, taxed the income of all French citizens, including for the first time the income from the property of the clergy and the nobility.[46] While the new tax was supported by many, including Voltaire, it met immediate and fierce resistance from both the nobility and the church. When on 5 May 1749 it was presented for formal registration to the Parlement of Paris, the assembly composed of high nobles and wealthy Parisians who had purchased seats, it was rejected by a vote of one hundred and six to forty nine; the majority asked for more time to consider the project. The King responded by demanding immediate registration, which the Parlement reluctantly granted on 19 May.[47] Resistance to the new measures grew with the church and in the provinces, which had their own parlements. While the Parlements of Burgundy, Provence and Artois bowed to the King's demands, Brittany and Languedoc refused. The royal government closed down the Parlement of Brittany, ordered the members of the Parlement of Languedoc to return to their estates and parishes, and took direct control of the Provence.[48] Within Paris, the battle between the King and Parlement was fought over the status of the Hôpital Général, a semi-religious organization which operated six different hospitals and shelters in Paris, with a staff of some five thousand persons. Many of the hospital staff and officials were Jansenists, while the board of directors of the hospital included many prominent members of the Parlement of Paris. In 1749, the King decided to purge the hospital of Jansenists and corruption, appointed a new "Supérieure" against the will of the administrators, who resigned, then appointed four temporary administrators, and asked the First President of the Parlement of Paris, René Nicolas Charles Augustin de Maupeou, to implement his decree for the reorganization of the hospital. De Maupeou refused to carry out the decree without the authorization of the Parlement, and the Parlement, without taking any action, went on vacation. On 20 November, when the Parlement returned, the King again summoned de Maupeou for an audience and again demanded action without delay. This time the Parlement members met but refused to discuss the Hospital. On 28 January 1752, the King instructed the Grand Council to change the administration of the Hospital without the approval of the Parlement. Voltaire, describing the affair, wrote, "Never before has such a small affair caused such a great emotion of the spirit." It was the first overt disobedience of the legislature against the King, and one of the first signs that the Parlement believed it, not the King, was the legitimate source of laws in the nation.[49] The King's original plans to tax the church also ran into difficulty. A royal decree ordered all the clergy to submit a declaration of their revenue by 17 February 1751, but that day passed without any declarations given. Instead it became known that the King had quietly issued a new decree in December 1750, canceling the tax and relying again, entirely, on the "don gratuit", the voluntary donation by the church of 1,500,000 livres. Under the new decree, instead of a tax, the church would each year collect a comparable sum and donate it freely to the government. His support for the church came both from the teachings of his tutor, Cardinal Fleury, and his gratitude to Archbishop de Beaumont, who defended him against the attacks of the Jansenists and the criticisms of the Parlement, and the Archbishop's tolerance of the King's own personal life and mistresses.[50] Europe in the years after the Treaty of Aix-la-Chapelle in 1748 Despite the French victories, the war dragged on both in the Netherlands and in Italy, where Maréchal Belle-Isle was besieging the Austrians in Genoa. By the summer of 1747 France occupied the entire Austrian Netherlands (modern-day Belgium).[51] In March 1748, Louis proposed a conference in Aix-la-Chapelle to bring the war to an end. The process was advanced by the capture of Maastricht by the Maréchal de Saxe on 10 April 1748. Britain, pressed by the threat of a French invasion of the rest of the Netherlands, urged a quick settlement, despite objections from Austria and Sardinia. The Treaty was quickly negotiated and signed by all the parties in September and October 1748. Louis was also eager for a quick settlement, because the naval war with Britain was extremely costly to French maritime trade. The proposition of Louis was surprisingly generous; in the Treaty of Aix-la-Chapelle, Louis offered to return all of the territories he had conquered in the Netherlands to the Austrians, Maastricht to the Dutch, Nice and Savoy to the Sardinians, and Madras in India to the English. The Austrians would give the Duchy of Parma and some other territory to the Spanish Infante, Philip, while Britain would return to France Louisbourg and the island of Cape Breton. France also agreed to expel the Stuart pretender Charles Edward Stuart from its territory.[52] The end of the war had caused celebration in Paris, but the publication of the details of the treaty on 14 January 1749 caused dismay and anger. The Stuart pretender Charles Edward Stuart refused to leave Paris and was acclaimed by the Parisians. He was finally arrested on 10 December 1748, and transported by force to Switzerland. The French military commanders, including de Saxe, were furious about giving up the Austrian Netherlands. The King's defense of his action was practical: he did not want the Netherlands to be a permanent source of contention between France and other powers; he also felt that France had already reached its proper borders, and it was better to cultivate its prosperity rather than make it larger. His basis was also religious; he had been taught by Fleury that the Seventh Commandment forbade taking the property of others by fraud or violence. Louis often cited a Latin maxim declaring, "if anyone who asks by what means he can best defend a kingdom, the answer is, by never wishing to augment it." He also received support from Voltaire, who wrote, "It seems better, and even more useful for the court of France to think about the happiness of its allies, rather than to be given two or three Flemish towns which would have been the eternal object of jealousy."[53] The King did not have the communication skills to explain his decision to the French public, and did not see any need to do so. The news that the king had restored the Southern Netherlands to Austria was met with disbelief and bitterness. The French obtained so little of what they had fought for that they adopted the expressions Bête comme la paix ("Stupid as the peace") and Travailler pour le roi de Prusse ("To work for the king of Prussia", i.e. working for nothing).[54] First mistresses Purported portrait of Louise Julie de Mailly, by Alexis Grimou Pauline Félicité de Mailly-Nesle, marquise de Vintimille, by Jean-Marc Nattier Marie Anne de Mailly-Nesle by Jean-Marc Nattier The de Mailly-Nesle sisters Louis had been very much in love with the Queen, and they were inseparable in the early years of his reign, but as his family grew, and the Queen was constantly pregnant or exhausted by her maternities, he began to look elsewhere. He first became attached to one of the ladies of the Queen's court, Louise Julie de Mailly, who was the same age as he and from an ancient noble family. Without courtship or ceremony, he made her his mistress, and raised her to the rank of Duchess. The Duke of Luynes commented on the King's behavior: "The King loves women, and yet there is absolutely no gallantry in his spirit."[55] In 1738, after the Queen lost an unborn child, her doctors forbade her to have relations with the King for a time. The King was offended by her refusal and thereafter never shared her bed.[clarification needed] Acknowledging that he was committing adultery, Louis refused thereafter to go to confession and to take the sacrament. The Cardinal de Fleury tried to persuade him to confess and to give up his mistress, but without success. In 1738, the King turned his attentions to the sister of Louise Julie, Pauline Félicité de Mailly. Pauline-Félicité became pregnant in 1740, allegedly by the King, and subsequently died during childbirth. (The illegitimate son of the King and Pauline Félicité came to be known as "Demi-Louis" due to his visual resemblance to his father who took care of his financial needs but gave him little attention.)[56] Pauline-Félicité's death caused the King to go into mourning and for a time he turned to religion for consolation.[57] When the King finally recovered his spirits, Louise Julie introduced the King to her youngest sister, Marie Anne de Mailly. The King was immediately attracted to Marie Anne, however she insisted that he expel her older sister from the Court before she would become his mistress. The King gave in, and on 4 October 1742, Marie Anne was named a Lady of the Court of the Queen, and a month later the King ordered her older sister to leave the Court and to live in Paris. The King made his new mistress the Duchess of Châteauroux. The King's relationships with the sisters became a subject of gossip in the court and in Paris, where a popular comic poem was recited, ending: "Choosing an entire family – is that being unfaithful, or constant?"[58] In June 1744, the King left Versailles in order to take personal command of his armies fighting in the War of the Austrian Succession. This otherwise popular move was marred by the King's indiscreet decision to bring along Marie Anne. When Marie Anne visited the King in Metz in August 1744 she was accompanied by her sister Diane Adélaïde de Mailly. While an amiable companion, Marie Anne did not consider her simple sister to be much of a rival, however it was rumored at the time that one of the methods by which Marie Anne kept the interest of the king was to periodically offer him a ménage à trois with Diane Adélaïde.[59] These widespread rumors made the sisters' visit to the King in Metz a national scandal and during their notorious visit the King suddenly fell gravely ill. Death appeared imminent, yet the King's chaplain refused him absolution unless he renounced his mistress, which he did.[60] Marie Anne left The Court and after the King recovered he made a triumphal entry into Paris. On 25 November, Minister Maurepas was obliged to recall Marie Anne to Versailles, but she soon fell sick with convulsive pains and died on 8 December 1744.[60] Following her death the King consoled himself with Diane Adélaïde until he met Madame de Pompadour in 1745. The King's adultery confession, which was distributed publicly, embarrassed him and tarnished the prestige of the monarchy. Although Louis XV's recovery earned him the epithet "well-beloved" from a public relieved by his survival, the events at Metz diminished his standing. The military successes of the War of the Austrian Succession inclined the French public to overlook Louis' adulteries, but after 1748, in the wake of the anger over the terms of the Treaty of Aix-la-Chapelle, pamphlets against the king's mistresses were widely distributed and read. Second mistress Madame de Pompadour Madame de Pompadour Jeanne-Antoinette Poisson, better known as Madame de Pompadour, was the most famous and influential of the mistresses of Louis XV. She was the illegitimate daughter of a Paris fermier-general, and was married to a banker, Charles Guillaume Lenormant d'Étoiles. She was noticed by the King following one of his hunts, and formally met him at a costume ball celebrating carnival in 1745. By July, she was the King's mistress and was formally given the title of the Marquise de Pompadour. For the next twenty years, she was the King's confidante and advisor, helping him choose or demote ministers. Her opinions led to the downfall of some very competent ministers, including Machault d'Aurnouville and the Marquis d'Argenson, and to the promotion of a number of incompetent military commanders. Her most successful choice was the promotion of the Duke de Choiseul, who became one of the King's most effective ministers. She ceased to be sexually active with the King in 1750, but remained his closest advisor and titular mistress. She was promoted to Duchess in 1752, and Dame of the Queen's Palace in 1756, and was an important patron of music and the arts, as well as religious establishments. She remained close to the King until her death in 1764. He was devastated, and remained in seclusion for several weeks after she died.[61] Debut of the Seven Years' War Main article: France in the Seven Years' War The peace achieved by Louis with the Treaty of Aix-la-Chapelle lasted only seven years. At the end of August 1755, Marie Therese, the Empress of Austria, discreetly wrote a letter to Louis XV, which was passed by the Austrian ambassador in Paris to Madame de Pompadour for delivery to the King. She proposed a secret alliance between Austria and France, to meet the threats of the growing power of Prussia, which was still formally an ally of France, and Britain.[62] Map of New France (blue color) in 1750, before the French and Indian War (1754 to 1763), that was part of the Seven Years' War. In the New World, conflict had already begun between Britain and France. The French colonies were at an enormous demographic disadvantage; there were less than 70,000 French colonists spread over a territory from the St. Lawrence River to the Great Lakes extending down the Ohio and Mississippi River valleys down to Louisiana (named for Louis's grandfather, Louis XIV); compared with 300,000 in the British colonies. To defend its territories. France had constructed Fort Duquesne to defend their frontier against the indigenous Americans; Britain sent the young George Washington with a small force to construct his own fortification, Fort Necessity, nearby. In 1754, after the killing of French envoy, Joseph Coulon de Jumonville, the French sent reinforcements and compelled Washington and his men to withdraw.[63] The undeclared French and Indian War followed, with Britain treating the French colonies as an enemy. In 1755, the British seized 300 French merchant ships. In January 1756, Louis sent an ultimatum to London, which was rejected by the British government. A few months later, on 16 January 1756, Frederick the Great of Prussia signed the Treaty of Westminster, allying himself with Britain. Louis responded immediately on 1 May 1756 by sealing a formal defensive treaty with Austria, the first Treaty of Versailles, offering to defend Austria in case of a Prussian attack. This was a complete reversal of France's historic conflict with Austria, which had been underway for nearly two hundred years, and it was shocking to many in the French Court.[64] Louis declared war on Great Britain on 9 June 1756, and success seemed certain. A French fleet in the Mediterranean defeated the British at the Battle of Minorca of 1756, and captured that island. The French army greatly outnumbered the British and Prussians on the continent. The French army won the surrender of the British forces of the Duke of Cumberland in the Convention of Klosterzeven. Another French army invaded Saxony and Hanover, the ancestral home of King George II. However, the best French commander, Maurice de Saxe, had died two years after the War of the Austrian Succession, and the new French commanders, Charles, Prince of Soubise, the Duke D'Estrees and the Duke de Broglie detested each other, and were rarely willing to cooperate.[65] Frederick the Great defeats the French army at the Battle of Rossbach (5 November 1755) In August Frederick of Prussia made a lightning strike into Saxony and on 5 November 1757, though outnumbered by the French nearly two to one, decisively defeated the army of the Prince de Soubise at the Battle of Rossbach. The new British Prime Minister, William Pitt, named a new commander, Duke Ferdinand of Brunswick-Wolfenbüttel, and the French armies were gradually pushed back to the Rhine, and defeated again at the Battle of Krefeld on 23 June. Thereafter, Britain and Prussia held the upper hand, tying down the French army in the German states along the Rhine.[66] The British victory at the Battle of Quiberon Bay (20 November 1759) ended Louis's hopes of invading England British naval supremacy prevented France from reinforcing its colonies overseas, and British naval squadrons raided the French coast at Cancale and Le Havre and landed on the Ile d'Aix and Le Havre. In 1759 the British seized Martinique and Guadeloupe in the West Indies, and captured Port Louis and Quebec. A series of naval defeats forced Louis to abandon plans for invasion of Britain. In India, the French colony at Pondicherry was surrounded by the British, and surrendered the following year. On 8 September 1760, Montreal surrendered, bringing to an end French rule in Canada. Martinique fell to the British in 1762.[67] Assassination attempt Robert-François Damiens, by Ange-Jacques Gabriel (1757) On 5 January 1757, as the King was getting into his carriage in the courtyard of the Grand Trianon Versailles, a demented man, Robert-François Damiens, pushed through the King's guards and attacked the King, stabbing him in the side with a small knife. The King's guards seized Damiens, and the King ordered them to hold him but not harm him. The King walked up the steps to his rooms at the Trianon, where he found he was bleeding profusely. He summoned his doctor and a priest, and then fainted.[68] Louis was saved from greater harm by the thickness of the winter clothing he was wearing. When the news reached Paris, anxious crowds gathered in the streets. The Pope, the Empress of Austria, and King George II, with whom France was at war, sent messages hoping for his swift recovery. Damiens was tortured to see if he had accomplices, and was tried before the Parlement of Paris, which had been the most vocal critic of the King. The Parlement demonstrated its loyalty to the King by sentencing Damiens to the most severe possible penalty. On 28–29 March 1757 Damiens was executed on the Place de Grève in Paris by drawing and quartering, following which his body was burned on a bonfire. The house where he was born was burned down, his father, wife and daughter were banished from France, and his brothers and sisters were required to change their name.[69][70] The King recovered physically very quickly, but the attack had a depressive effect on his spirits. One of his chief courtiers, Duford de Cheverny, wrote afterwards: "it was easy to see that when members of the court congratulated him on his recovery, he replied, 'yes, the body is going well', but touched his head and said, 'but this goes badly, and this is impossible to heal.' After the assassination attempt, the King invited his heir, the Dauphin, to attend all of the Royal Council meetings, and quietly closed down the château at Versailles where he had met with his short-term mistresses."[71] Rebellion of the Parlements The Parlements were assemblies of nobles in Paris and older regions of France, whose members served as magistrates and judged civil cases. Their members included both hereditary nobles and wealthy citizens who had purchased their seats. Several of the Parlements, such as those of Rouen and Provence, had been in existence for centuries, and saw themselves as the legitimate governments in their provinces. As Louis reorganized the government and appointed his own intendants in the provinces, the authority and prestige of the Parlements decreased, and the price of the seats dropped. In Franche-Comté, Bordelaise and Rouen, the Parlements refused to follow the decrees of the royal intendants. When the intendants attempted to assert their authority and collect taxes from all classes, the Parlements went on strike, refusing to proceed with the judgment of civil cases. The civil justice system came to a halt. In 1761, the provincial Parlement of Normandy in Rouen wrote a protest to the King, explaining that the King had the exclusive power to tax, but the Parlement had the exclusive right to collect the money. The King rejected the explanation and overruled the Parlement, banished some of his most provocative Parlement members to their estates. For the rest of his reign, the Parlements swore allegiance to the King, but took every opportunity to resist his new taxes and the King's authority. This was one of the seeds of resistance to the King's authority that was to turn into a Revolution less than thirty years later.[72] Achievements and dismissal of the government The Comte d'Argenson served as the Minister of War from 1743 until 1747. He was an advocate of the continuation of the absolute monarchy in the style of Louis XIV. He was responsible for creating the first school for engineers in France at Mézières (1749–50); thanks to the trained engineers, France had the finest system of roads and bridges in Europe. He also established the military academy, the École Militaire, and, following the model of the Prussians, established military training camps and exercises, and helped rebuild French military power.[73] Machaud D'Arnouville was brought into the government with the sponsorship of d'Argenson, but the two men gradually became rivals and enemies. D'Arnouville was the Controller of Finances from 1745 to 1754, then Minister of Navy from 1754 to 1757. He was the creator of the unpopular "Vingtieme" tax (1749), which taxed all citizens, including the nobility, at the same rate, and also freed the prices of grain (1754), which initially greatly increased agricultural production. The fluctuation of grain prices would eventually become a factor in the French Revolution.[74] On 1 February 1757, the King abruptly dismissed both d'Arnouville and d'Argenson, and exiled them to their estates. The King held them responsible for not preventing the assassination attempt, and their government displeased Madame de Pompadour. [New Trading View Logo](