Editing Louis XV (section)

===Finances===
Abbot Terray was nominally a priest, though his government career was entirely secular, and his personal life was considered scandalous. He was an efficient and relentless tax collector; he opened a school to train tax inspectors, and worked to see that taxes were imposed and collected with the same precision and vigor in all regions, without interference from the local nobility. When he first took his position, the state had a budget deficit of 60 million livres, and a long-term debt of 100 million livres. By 1774, revenues had been increased by 60 million livres and the debt reduced to 20 million livres. He also reimposed the regulation of the price of grain, which had been freed in 1763 and 1764; these controls were an issue which would disturb the government and provoke agitation until the French Revolution.<ref>Antoine (1989), pp. 948–949.</ref>