HIS103Y1 Lecture : Topic 5
Document Summary
Louis was angered by the actions of the dutch (his allies) After the war of evolution, his aim was to annihilate the dutch. French were overshadowed by the dutch in the north. Set the prices of the commodities imported from the colonies. Bank of amsterdam considered to be the most powerful in the world. Wanted to make france the most influential in the world. Wanted to undermine the dutch: wanted to limit the outflow of cash from. Accomplished this by imposing a tariff on bringing in dutch goods. The dutch retaliated by dumping french goods. Jean baptiste increased the tariff and resulted in the dutch banning the import of french goods. This counterattack by the dutch resulted in jean baptiste being unable to resolve the resulting economic state of france. 1672 in a memorandum to the king: he stated the best way to resolve this would be to make the dutch a part of france.
