"Combining in himself the functions of a number of former officials, he had accepted the position in order to centralize the control of the sea and of commerce in his own hands. After he had accomplished this purpose he proceeded to use the office to develop the economic interests of the state. He appointed, for example, a number of men to investigate and make reports concerning various commercial problems. He also made vigorous attempts to establish a powerful naval and commercial marine. Meanwhile he encouraged the founding of a great French colonial empire. By his external policies alone, he sketched the broad outlines of the mercantilist policy which his successor Colbert evolved in more complete detail."
Cardinal Richelieu

January 1, 1970