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OTTO VON CAMPHAUSEN (1812-1896)

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Originally appearing in Volume V05, Page 135 of the 1911 Encyclopedia Britannica.
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OTTO VON See also:CAMPHAUSEN (1812-1896)  , Prussian statesman, was See also:born at Hunshoven in the See also:Rhine Provinces on the 21st of See also:October 1812 . Having studied See also:jurisprudence and See also:political See also:economy at the See also:universities of See also:Bonn, See also:Heidelberg, See also:Munich and See also:Berlin, he entered the legal career at See also:Cologne, and immediately devoted his See also:attention to See also:financial and commercial questions . Nominated See also:assessor in 1837, he acted for five years in this capacity at See also:Magdeburg and See also:Coblenz, became in 1845 counsellor in the See also:ministry of See also:finance, and was in 1849 elected a member of the second chamber of the Prussian See also:diet, joining the Moderate Liberal party . In 1869 he was appointed See also:minister of finance . On taking See also:office, he was confronted with a deficit in the See also:revenue, which he successfully cleared off by effecting a See also:conversion of a greater See also:part of the See also:state loans . The See also:French See also:war See also:indemnity enabled him to redeem a considerable portion of the state See also:debt and to remit certain taxes . He was, however, a too warm adherent of See also:free See also:trade principles to enjoy the confidence either of the Agrarian party or of See also:Prince See also:Bismarck, and his antagonism to the See also:tobacco See also:monopoly and the See also:general economic policy of the latter brought about his retirement . See also:Camphausen's See also:great services to See also:Prussia were recognized by his See also:sovereign in the bestowal of the See also:order of the See also:Black See also:Eagle in 1895, a dignity carrying with it a patent of See also:nobility . He died at Berlin on the 18th of May 1896 .

End of Article: OTTO VON CAMPHAUSEN (1812-1896)
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