Napoleon III announces French debt conversion
Citations (1)
- The House of Rothschild whole source · open book
On March 14, 1852, Napoleon announced a large conversion operation, intended to cut the cost of debt service by reducing the interest due on the greater part of the national debt from 5 to 4.5 per cent.
chapter: TWO - The Era of Mobility (1849-1858)
Add a citation
People
- Napoleon III central figure