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Hotel of the Chamber of Accounts in the Courtyard of the Palace in Paris. From a Woodcut of the "Cosmographie Universelle" of Munster, in folio: Basle, 1552.

Thanks to the peace concluded with Flanders, on which occasion that country paid into the hands of the sovereign thirty thousand florins in gold for arrears of taxes, and, above all, owing to the rules of economy and order, from which Philip V., surnamed the Long, never deviated, the attitude of France became completely altered. We find the King initiating reform by reducing the expenses of his household. He convened round his person a great council, which met monthly to examine and discuss matters of public interest; he allowed only one national treasury for the reception of the State revenues; he required the treasurers to make a half-yearly statement of their accounts, and a daily journal of receipts and disbursements; he forbad clerks of the treasury to make entries either of receipts or expenditure, however trifling, without the authority and supervision of accountants, whom he also compelled to assist at the checking of sums received or paid by the money-changers.

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The Project Gutenberg EBook of Manners, Custom and Dress During the Middle Ages and During the Renaissance Period, by Paul Lacroix

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Tuesday 10 March 2020

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