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JUAN FRANCISCO See also: Spanish states-See also: man and financier, was See also: born in Cadiz in 1824
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The first See also: part of his See also: life was devoted to See also: mercantile and See also: financial pursuits at Cadiz and then in See also: Madrid, where he managed the affairs of and liquidated a mercantile and See also: industrial society to the satisfaction and profit of the shareholders
.
In 1837 he became a captain in the See also: national militia, in 1852 Conservative deputy in the See also: Cortes for See also: Alcoy, in 1853 secretary of congress, and was afterwards elected ten times deputy, twice senator and life senator in 1877
.
See also: Camacho took a prominent part in all financial debates and committees, was offered a seat in the Mon See also: cabinet of 1864, and was appointed under-secretary of See also: state finances in 1866 under Canovas and O'Donnell
.
After the revolution of 1868 he declined the See also: post of See also: minister of See also: finance offered by Marshal Serrano, but served in that capacity in 1872 and 1874 in See also: Sagasta's cabinets
.
When the restoration took place, Camacho sat in the Cortes among the dynastic Liberals with Sagasta as See also: leader, and became finance minister in 1881 at a critical moment when See also: Spain had to convert, reduce, and consolidate her See also: treasury and other debts with a view to resuming payment of coupons
.
Camacho See also: drew up an excellent budget and collected See also: taxation with a decidedly unpopular vigour
.
A few years later Sagasta again made him finance minister under the regency of See also: Queen Christina, but had to sacrifice him when public opinion very clearly pronounced against his too See also: radical financial reforms and his severity in collection of taxes
.
He was for the same reasons unsuccessful as a governor of the See also: Tobacco See also: Monopoly See also: Company
.
He then seceded from the Liberals, and during the last years of his life he affected to See also: vote with the Conservatives, who made him governor of the See also: Bank of Spain
.
He died in Madrid on the 23rd of See also: January 1896
.
(A; E
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