History of Russia deficit required borrowing, primarily from Amsterdam; five percent of the budget was allocated to debt payments. Paper money was issued to pay for expensive wars, thus causing inflation. For its spending, Russia obtained a large and glorious army, a very large and complex bureaucracy, and a splendid court that rivaled Paris and London. However, the government was living far beyond its means, and 18th-century Russia remained "a poor, backward, overwhelmingly agricultural, and illiterate country." Peter I was succeeded by his second wife, Catherine I (1725–1727), who was merely a figurehead for a powerful group of high officials, then by his
Catherine I of Russia of letters exist demonstrating the strong affection between Catherine and Peter. As a person she was very energetic, compassionate, charming and always cheerful. She was able to calm Peter in his frequent rages and was called in to attend him during his epileptic seizures. Catherine went with Peter on his Pruth Campaign in 1711. There Catherine was said to have saved Peter and his Empire, as related by Voltaire in his book "Peter the Great". Surrounded by overwhelming numbers of Turkish troops, Catherine suggested before surrendering, that her jewels and those of the other women be used in an effort