[Fig. 289.]--Royal d'Or. Charles VII

[Fig. 290.]--Écu d'Argent à la Couronne. Louis XI.

[Fig. 291.]--Écu d'Or à la Couronne. Charles VIII.

[Fig. 292.]--Écu d'Or au Porc-épic. Louis XII.

[Fig. 293.]--Teston d'Argent. Francis I.

[Fig. 294.]--Teston d'Argent au Croissant. Henry II.

In an administrative and financial point of view, the reign of Francis I. was not at all a period of revival or of progress. The commencement of a sounder System of finance is rather to be dated from that of Charles V.; and good financial organization is associated with the names of Jacques Coeur, Philip the Good, Charles XI., and Florimond Robertet. As an example of this, it may be stated that financiers of that time established taxes on registration of all kinds, also on stamps, and on sales, which did not before exist in France, and which were borrowed from the Roman emperors. We must also give them the credit of having first commenced a public debt, under the name of rentes perpetuelles, which at that time realised eight per cent. During this brilliant and yet disastrous reign the additional taxes were enormous, and the sale of offices produced such a large revenue that the post of parliamentary counsel realised the sum of 2,000 golden écus, or nearly a million francs of present currency. It was necessary to obtain money at any price, and from any one who would lend it. The ecclesiastics, the nobility, the bourgeois, all gave up their plate and their jewels to furnish the mint, which continued to coin money of every description, and, in consequence of the discovery of America, and the working of the gold and silver mines in that country, the precious metals poured into the hands of the money-changers. The country, however, was none the more prosperous, and the people often were in want of even the commonest necessaries of life. The King and the court swallowed up everything, and consumed all the resources of the country on their luxury and their wars. The towns, the monasteries, and the corporations, were bound to furnish a certain number of troops, either infantry or cavalry. By the establishment of a lottery and a bank of deposit, by the monopoly of the mines and by the taxes on imports, exports, and manufactured articles, enormous sums were realised to the treasury, which, as it was being continually drained, required to be as continually replenished. Francis I. exhausted every source of credit by his luxury, his caprices, and his wars. Jean de Beaune, Baron de Semblançay, the old minister of finance, died a victim to false accusations of having misappropriated the public funds. Robertet, who was in office with him, and William Bochetel, who succeeded him, were more fortunate: they so managed the treasury business that, without meeting with any legal difficulty, they were enabled to centralise the responsibility in themselves instead of having it distributed over sixteen branches in all parts of the kingdom, a system which has continued to our day. In those days the office of superintendent of finance was usually only a short and rapid road to the gibbet of Montfaucon.

[Fig. 295.]--Silver Franc. Henry IV.

Law and the Administration of Justice.

The Family the Origin of Government.--Origin of Supreme Power amongst the Franks.--The Legislation of Barbarism humanised by Christianity.--Right of Justice inherent to the Bight of Property.--The Laws under Charlemagne.--Judicial Forms.--Witnesses.--Duels, &c.-- Organization of Royal Justice under St. Louis.--The Châtelet and the Provost of Paris.--Jurisdiction of Parliament, its Duties and its Responsibilities.--The Bailiwicks. Struggles between Parliament and the Châtelet.--Codification of the Customs and Usages.--Official Cupidity.--Comparison between the Parliament and the Châtelet.