Paris in the 16th century wealthy Gondi family, for example, came to Paris at the invitation of Catherine de Medici; through her influence, one Gondi was soon named Marechal of France, and another was made the bishop of Paris. During most of the 16th century, the Kings of France kept Paris under their close personal control, and greatly reduced the power of the merchants and leaders of the guilds, who had previously played a large part in governing the city. The Provost of the merchants of Paris was elected by the merchants, but he could not take office until he was approved by the King.
Paris in the 16th century Beginning in 1522, wealthy Parisians loaned their money to the Bureau de Ville, the city government, which in turn made loans to the King. In exchange the King gave the city the right to collect certain taxes in Paris, and the Parisian investors received a healthy eight percent return for their loans to the city. By the second part of the 16th century, however, the Kings were so deeply in debt that wealthy Parisians refused to lend any more money; the King was forced to borrow money from Italian bankers, who received the right to receive a portion of French