ABSTRACT
The financial policy followed by Jean Orry from 1703 was ruled by the purpose of restoring the king's credit, reinforcing the confidence of the asentistas in his word. The reforms of the years 1703-5 introduced a war treasury to the centre of the Castilian administration. The war treasury was tightly controlled by the Tesorero and it was placed under the Secretario del despacho de Guerra. The nomination of financiers as treasurers from 1703 onwards is an argument in support of the utility of studying the institutional and political reforms of the period, together with the financial policy followed by the monarchy. This chapter focuses on the study of the creation of the Tesorería Mayor De Guerra and on the way his department introduces new rules to regulate the relationships between the Crown and its financiers. It explains some aspects of the financial policy followed by the Spanish Crown during the first years of the eighteenth century.
