fjt_874310 - PARIS - ILE DE FRANCE NICOLAS DESMARETZ 1712

Loué par Voltaire, ce grand financier prit sa charge alors que l'Etat avait accumulé deux milliards de livres de dettes. Il réussit à rétablir le crédit grace aux prêts du banquier Samuel Bernard mais fut destitué par le Régent à la mort de Louis XIV. Digne émule de son oncle Colbert, ses successeurs le firent regretter.
Praised by Voltaire, this great financier took charge when the state had accumulated two billion livres of debt. He managed to restore credit thanks to loans from the banker Samuel Bernard but was dismissed by the Regent upon the death of Louis XIV. A worthy emulator of his uncle Colbert, his successors made him missed.