1793 ⟶ Former Finance Minister Brienne Arrested

🏦 Necker Appointed Finance Minister and Secures Loans

August 25: Brienne resigns as Minister of Finance, and is replaced by the Swiss banker Jacques Necker, who is popular with the Third Estate. French bankers and businessmen, who have always held Necker in high regard, agree to loan the state 75 million, on the condition that the Estates General will have full powers to reform the system. Necker was labelled an "author of the revolution" by Napoleon.⟶

NeckerFinanceLoansEstates GeneralThird EstateBankruptcyEconomic CrisisFrench RevolutionBrienne