François Cabarrus or Francisco Cabarrús, count de Cabarrús was an adventurer French and financial Spanish, born with Bayonne in 1752, died in 1810.

Youth

François Cabarrus was born with Bayonne, where his/her father was commercial and manufacturer of ships. He went to Spain to work there, he fell there in love with Maria Antonia Galabert Casanova, the girl of his employer. They were established with Carabanchel Alto close to Madrid. There, he worked in the manufacture of Savon, but was interested already in the public thing.

The Age of Enlightenment had reached Madrid. King Charles III was favorable to the reforms, which were defended by a circle of politicians, like Gaspar Melchor de Jovellanos, Pedro Rodríguez de Campomanes, Jose Moñino there Redondo de Floridablanca. Among them, Cabarrus was distinguished, in particular in the financial field.

Reforms and disgrace

At the time of the War of independence of the United States of America, it created royal tickets which restored finances of the Spain. It founded a bank, the Banco of San Carlos - ancestor of current the Banque of Spain -, which treated with the Real Compañia de Filipinas . It launched a project of channel known as the Canal of Cabarrus , at the origin of current the Canal of Isabel II , which provides water to the town of Madrid.

As a most influential member of the Council of Finances, it was in the beginning many reforms in this field. When Charles III died (1788), the administration Réactionnaire of Charles IV put a term at the reforms of the Lights. The men who had taken an active share there were suspectés and continued. Cabarrus itself was shown of Embezzlement and was thrown in prison with the castle of Batres, a city close to Madrid.

French intervention

At the end of two years, it was released, obtained the title of Count and accepted missions of State. It would have been sent to Paris as ambassador of Spain, if the Directoire had not objected that it was French of birth.

Cabarrus took share with the operations which led Charles IV to to abdicate and allowed the advent of Joseph Bonaparte, brother of Napoleon Bonaparte. Its French birth and its knowledge of the Spanish businesses recommended it to the Emperor for the station of Minister for Finance, station which it occupied until his death.

He died in Seville, the April 27th 1810, whereas he accompanied Joseph Bonaparte. He was buried in the Cathédrale of Seville.

Legacy

Because of its support for Joseph Bonaparte, lasting his court reigns on Spain, François Cabarrus was regarded as a Afrancesado . When Ferdinand VII returned on the throne, the family of François Cabarrus was persecuted, her confiscated fortune and her goods. One even claims that its remainders were removed from its fall into the Cathedral of Seville and jetés in the Guadalquivir. With the political storm which followed this period, its heritage was sometimes returned, sometimes confiscated, on several occasions according to that which controlled in Madrid.

His/her son, the second Cop of Cabarrus , Domingo de Cabarrús there Galabert, occupied various governmental functions and was governor of the provinces of Palencia and Valladolid. His/her daughter Thérésa Cabarrus, future Princess of Chimay, played a part in the last episodes of the French revolution. His/her friend, Francisco Goya, painted of him a full-length portrait.

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