Nicolas Desmarets, marquis de Maillebois

French minister
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Also known as: Nicolas Des Marets, Marquis de Maillebois
Quick Facts
Desmarets also spelled:
Des Marets
Born:
Sept. 10, 1648, Paris, France
Died:
May 4, 1721, Paris (aged 72)

Nicolas Desmarets, marquis de Maillebois (born Sept. 10, 1648, Paris, France—died May 4, 1721, Paris) was the minister of finance during the last seven years of the reign (1643–1715) of Louis XIV of France. A nephew of Louis’s great finance minister Jean-Baptiste Colbert, Desmarets rose rapidly in financial administration, but on Colbert’s death (1683) he was exiled for his alleged (though unproved) involvement in a counterfeiting scheme. Allowed to return to Paris in 1686, he produced a remarkable series of memoranda exposing France’s desperate economic situation. The fiscal crisis became particularly acute after France engaged the Austrians, British, and Dutch ...(100 of 216 words)