Army supplier good
An army supplier estate was a property located in an annexed area, of the type that army suppliers received to pay for their services instead of money during the reign of Napoleon I.
Group of army suppliers
In the wars after the French Revolution , army suppliers became important, who often worked as merchant-bankers during the board of directors , but differed markedly from the traditional trade in goods and money. They had to conduct their business, which was relatively limited in terms of time and space, with their own bureaucracy , much more than ordinary traders they were tied to real estate, which quickly increased when the business was successful.
Real estate as a money substitute
In 1805, the increasing scarcity of money prompted Napoleon to decide to settle outstanding accounts of the army suppliers with national goods they had left with them . Partly expropriated church property, these were real estate in the then annexed areas of Donnersberg , Niedermaas , Rhine-Moselle , Rur , Saar and forests departments . They were first transferred to the amortization fund and then passed on to army suppliers under an assignment contract. The contracts were signed by Nicolas-François Mollien , director general of the amortization fund.
The recipients suffered little
It is true that the army suppliers required a certain amount of real estate for guarantee services, but that did not protect against bankruptcy if the quick settlement of a debt was required, for example in the case of a failed speculation. Liquidity was absolutely necessary and the resale of the goods shortly after receipt was the logical consequence. Arrived at a buyer interested in the use, such an army supplier good could then remain for generations, for example the property of the brothers Stumm in Neunkirchen (Saar) equipped with ironworks .
Individual evidence
- ^ Louis Bergeron: Banquiers, négociants et manufacturiers parisiens du Directoire à l'Empire , Mouton Éditeur, Paris / La Haye / New York 1978, ISBN 2-7193-0458-1 , p. 152
- ↑ a b c Gabriele B. Clemens: Real estate dealers and speculators. The socio-economic and historical significance of the large buyers at national property auctions in the Rhenish departments (1803 - 1813) , Boppard am Rhein 1995, pp. 47–49, 188