Louis-Lucien Klotz (11 January 1868 – 15 June 1930) was a French journalist and politician. He was the FrenchMinister of Finance duringWorld War I.
Klotz was born inParis toAlsatianJewish parents. He was the nephew of Victor Klotz (1836–1906), a wealthysilk dealer. After completing hislegal education, he enrolled as an advocate at theCour d'Appel in Paris. In 1888, at the age of twenty, he foundedVie Franco-Russe, an illustrated paper intended to increase popular support for theFranco-Russian Alliance. In 1892 he became editor ofLe Voltaire, and campaigned against the reactionary policy ofJules Ferry. In 1895, he foundedFrançais Quotidien, a patriotic daily paper devoted to national defense, into whichVoltaire was later merged.
Klotz was an unsuccessful candidate for theNational Assembly from his Paris district in the1893 election. He ran for office and lost again a few years later. Then in the1898 election, he ran for the Assembly fromMontdidier as aRadical Socialist. This time, he was elected by an overwhelming majority. He retained this seat until 1925.
He was noted for his industry as a deputy and in government posts. He served as president of the Customs Commission, then as Rapporteur General of the budget. He held the following prominentministerial posts:
In 1924, Klotz published his memoirs of this period,De La Guerre à La Paix (From the War to the Peace).
Klotz was a member of several civic and charitable societies, including the Society for the Defense of Children, the Prison Society and the Central Committee for Labour.[3]
After his retirement, he became involved in dubious and risky financial speculations and lost all his money. In 1929, he was convicted of passing bad checks and sentenced to imprisonment for two years. He died less than a year later. With no further hope of settlement, his creditors seized his Paris residence at 9Rue de Tilsitt, which he had inherited from his brother.
His lack of financial acumen was noted years earlier by Clemenceau, who reportedly commented "My finance minister is the onlyJew inEurope who knows nothing about money."[4]
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