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aug 25, 1788 - Brienne resigns as Minister of Finance, and is replaced by the Swiss banker Jacques Necker, popular with the Third Estate

Description:

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.

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Date:

aug 25, 1788
Now
~ 237 years ago

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