Jean-Baptiste Colbert becomes chief minister in France

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Louis XIV brings about the imprisonment of the superintendent of finances, Nicholas Fouquet, whose ambition he distrusts. On his fall, Colbert becomes the principal financial minister until his death in 1683. 

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Citation:
Editors. "Jean-Baptiste Colbert becomes chief minister in France". The Literary Encyclopedia. First published 01 March 2011
[http://www.litencyc.com/php/stopics.php?rec=true&UID=2585, accessed 21 April 2014.]