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
History of the Jews in Russia ethnically-unique economic role. Documentary evidence as to the presence of Jewish people in Muscovite Russia is first found in the chronicles of 1471. The relatively small population of them were subject to discriminatory laws, but they do not appear to have been enforced at all times. The Jewish people residing in Russian and Ukrainian towns suffered numerous religious persecutions. Converted Jews occasionally rose to important positions in the Russian State, i.e. Peter Shafirov, vice-chancellor under Peter the Great was of Jewish origin. Their situation changed radically, during the reign of Catherine II, when the Russian Empire acquired rule over large