The Talhouët Affair: Graft and Punishment in 1723 France

Francois Velde ()

Chapter Chapter 6 in The War Within, 2018, pp 125-143 from Palgrave Macmillan

Abstract: Abstract The “Talhouët Affair” was the most serious corruption scandal of early eighteenth century France. It arose in the context of a major restructuring of the public debt (the “Visa” of 1721–1723) and was handled by a special court which meted out exemplary punishment. Both the Affair and its context (the Visa of 1721) are known, but have not been studied in detail. I summarize the Visa operation and then recount the Affair, which sheds unexpected light on the primacy of State interests over the power of personal connections.

Keywords: Public debt; Mississipi Bubble; Visa; Fraud; Public and private interests (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-98050-8_6

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DOI: 10.1007/978-3-319-98050-8_6

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