How successful was Louis in overcoming the problems he inherited in the period 1816-1820
Andrew Tait Page 08/05/2007
How successful was Louis in overcoming the problems he inherited in the period 1816-1820?
Louis XVIII faced many difficulties during the period 1816-1820 due to the previous French rule under Napoleon. This is because of the Napoleonic wars of 1792 to 1815 and his reappearance in 1815 which had a dramatic effect on the nation in almost every respect. As a result, Louis XVIII had to contend with political, social, economic and external difficulties where his decisions could have had a detrimental effect on his hold of power. He was triumphant economically and externally by solving problems. However, politically and socially Louis accomplished successes but France was not stable in these areas during this period for Louis to be considered successful. The problems were merely avoided or not pressed upon in order to stay in the middle path of political opinion.
The economic situation was dealt with in an efficient manner. The finances of the nation from 1815 were revamped and French credit was re-established owing to the experience of the ministers, Baron Louis and Count Corvetto. They managed to develop a system of accounting that was adopted to be extremely efficient. French finances after 3 years since the battle of Waterloo were stronger than their counterpart nations in Europe with the exception of Great Britain. What is more, this in turn re-establishment of credit in turn made sure that payments of reparations were fast and prompt. This therefore enabled France to be rid of the Allied army in a short period of time. By 1817 Wellington had already consented to reduce it by thirty thousand British soldiers. Therefore, the way in which Louis XVIII and his ministers dealt with the economic problems of the day prove that they were successful in dealing with dilemmas and appeased the majority of the French public.