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At the start of the eighteenth century Louis XIV needed to remit huge sums of money abroad to support his armies during the War of the Spanish Succession. This book explains how international bankers moved French money across Europe, and how the foreign exchange system was so overloaded by the demands of war that a massive banking crash resulted.
This Elibron Classics title is a reprint of the original edition published by Imprimerie Royale in Paris, 1848.
Warfare dominated the long reign of the `Sun-king', Louis XIV. For forty years from 1672, France was continuously at war and had one of the largest armies seen in the West since the fall of imperial Rome. The campaigns secured little territory, but almost bankrupted the country and the consequences for the French monarchy were dramatic - contributing to its eventual downfall. John Lynn examines the wars for evidence of a coherent strategic policy; he explores the operational logistics of the campaigns; and considers their significance for France's diplomatic, political, mililtary, administrative and institutional This is the first modern, comprehensive study in any language, and offers a vivid insight into 17th and 18th century statesmanship and warfare - reaching a climax with the defeat of France by Marlborough at Blenheim.