Calonne finally
convinced Louis XVI to gather the nobility together for a conference, during
which Calonne and the king could fully explain the tenuous situation facing
France. This gathering, dubbed the Assembly of Notables, turned out to be a virtual who’s who of people
who didn’t want to pay any taxes. After giving his presentation, Calonne urged
the notables either to agree to the new taxes or to forfeit their exemption to
the current ones. Unsurprisingly, the notables refused both plans and turned
against Calonne, questioning the validity of his work. He was dismissed shortly
thereafter, leaving France’s economic prospects even grimmer than before.
Thursday, 26 March 2015
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