Jacques Laffitte

Jacques Laffitte ( born October 24, 1767 in Bayonne, † May 26, 1844 in Paris) was a French banker and politician.

Laffitte was one of ten children of a carpenter. He was clerk in the banking house of Perregaux in Paris. In 1800 he became partner in 1804, he followed Perregeux as head of the house. Perregaux, Laffitte et Cie. was one of the largest financial institutions in Europe. Laffitte in 1809 Member of the Supervisory Board in 1814 then Governor of the Bank of France and President of the Chamber of Commerce. He introduced in 1814 large amounts of money for the transitional government and available for King Louis XVIII. during the " Hundred Days ". With him, Napoleon Bonaparte deposited five million francs before he left France for the last time.

Instead of the government money from the bank to grant, presented Laffitte two million out of pocket available to cover the debts of the troops of the Empire after the Battle of Waterloo. In 1816 he returned to the House of Representatives and took a seat there in the left spectrum a. He spoke mainly on financial issues; although he was known for his liberal views, took Louis XVIII. him in a commission for the public finances.

1818 Laffitte Paris saved her from a financial crisis by buying a larger number of shares. The following year he lost the presidency of the bank, because he had very strongly defends freedom of the press and the electoral law. As one of the staunchest supporters of the constitutional monarchy, he was under the Duc d' Orleans in July 1830 MP for Bayonne, as his house was in Paris at the headquarters of the revolutionary party. When Charles X., after he had withdrawn the hated regulations, the Comte d' Argout sent to Laffitte to reject a change in the ministry, said the banker, "It 's too late. There is no more Charles X ", and it was he who secured the nomination of Louis Philippe as Lieutenant General of the Kingdom. On August 3, he was president of the Chamber of Deputies, and in the position he took Lous Philippe's oath to the new constitution contrary.

The reputation of the mobs in Paris after the death of the imprisoned ministers of Charles X. culminated in the October riots, which were also more moderate members of the government attended - including François Guizot, the Duc de Broglie and Casimir Pierre Périers - to a to require transfer of government to Prime Minister, who had the confidence of the revolutionary partisans. On November 5, Jacques Laffitte was Prime Minister of a government that the movement wrote to the flags; the same time, he led the Ministry of Finance. The government was torn between the need to maintain order, and the need to reconcile the partisan mob; in any direction it came to success. The accused ministers were saved by the courage of the Upper House and the National Guard, but their security at the expense of Laffitte popularity.

His policy of the French intervention in favor of the Italian revolutionaries, by which he could regain his popularity, was zunichtegemacht through the diplomatic approach of Louis Philippe. The resignations of Lafayette and Dupont de l'Eure undermined his government on. Since they were not able to attend on the streets of Paris for rest, they were eventually completely discredited. Finally, Louis Philippe thought with the intention to be of those who wanted to determine his fate free, it would be safe, those who had made ​​him to withdraw his confidence. In March 1831, Laffitte resigned; he prayed for forgiveness to God and to the people because of the role he had played by Louis Philippe had placed on the throne. He was politically and financially ruined. His affairs were handled in 1836, the following year he built up a credit bank, which was a success in his lifetime, but had to be closed in 1848.

• Banker
• Entrepreneurs (19th Century )
• Minister of Finance (France)
• Frenchman
• Born in 1767
• Died in 1844
• Man