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At the start of the eighteenth century Louis XIV needed to remit huge sums of money abroad to support his armies during the War of the Spanish Succession. This book explains how international bankers moved French money across Europe, and how the foreign exchange system was so overloaded by the demands of war that a massive banking crash resulted.
Guy Rowlands is Reader in Early Modern History at the University of St Andrews, and has taught at Oxford, Cambridge, Bristol and Durham. A prize-winning author of books on French military and financial history, he has received several research fellowships from the British Academy and the Alexander von Humboldt Foundation.