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275:, and it was decided to set up a committee to determine the debt settlement. By that year the debt had swelled to fourteen million French francs, including an interest rate of four million francs, but the new debt arrangement stipulated that the French government would pay only seven million francs. The Bakri-Busnach trading house accepted the agreement and so did Hussein Dey, who hoped to get his share of the funds. However, France did not fulfill this debt arrangement either.
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were in fact debts to the
Algerian ruler, and the affair became an ongoing economic conflict between the two countries, unfolding throughout the first three decades of the 19th century. France and Algeria sometimes reached debt arrangements between them, but France often violated them. In 1800, agents of the Bakri-Bujanah company,
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and successfully conquered it – an occupation that lasted until the 1960s. The French invasion of
Algeria stemmed from many considerations, most notably internal considerations of the French statesmen, but the Bakri-Busnach affair was one of the most important immediate factors and even served as an
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and the government. Two of the senior families from
Livorno in Algeria were the Bakri family and the Bujanah family. The two joined forces in the late 18th century and established an economic company that was dominant in the export of goods from Algeria to Europe, and in particular in the export of
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During the 1780s and 90s, due to the growing needs of
Napoleon's army during its conquests, France accumulated huge debts of millions of francs to the Bachri-Boujana company. The company financed its operations by borrowing from Algeria's Dey, so that France's debts to the Bakri-Boujnaj household
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and Shimon
Aboucaya, were arrested in Paris, after urging France to pay its debts. After political contacts, the French government released them that year and agreed to pay 3.7 million francs out of the eight million it owed. In the peace treaty between France and Algeria in 1801, France
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recognized the existence of the balance of its debts to the Bakri-Busnach company, but even after that, it did not transfer the funds. One of the arguments made by the French government in an attempt to evade payment was that the Bakri-Busnach company also trades with
310:, which lasted 3 years. This action harmed the French economy, which conducted extensive trade relations with Algeria, no less than it harmed Algeria itself, so the French tried to resort to international mediation. They approached, among others, the
230:, settled in North Africa as traders, in search of economic opportunities. Soon they became a significant factor in the international trade of Algerian cities. They provided important financial and commercial services to the
129:, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Knowledge.
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in the early 19th century; it centered on France's obligations to a commercial company owned by the
Algerian Jewish families of Bakri and Bujanah. The affair is considered one of the causes of the
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The question of France's debts to the Bakri-Busnach company remained unresolved during the years 1800–1826, despite
Algeria's attempts to obtain the funds at the time of
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The French government treated the incident as a public insult and demanded an immediate apology. Failure to respond began with punitive measures, and the
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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Content in this edit is translated from the existing
Russian Knowledge article at ]; see its history for attribution.
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The Kings of
Algiers: How Two Jewish Families Shaped the Mediterranean World During the Napoleonic Wars and Beyond
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On 30 April 1827, foreign consuls and diplomatic agents gathered in
Algeria for a conference with Algerian ruler
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that was in his hands. According to another version, Hussein Dey simply wanted to hit a disturbing
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food (mainly wheat) from Algeria to France, among other things to meet the needs of
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The House of Bacri and Busnach: A Chapter from Algeria's Commercial History
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and other trade goods that the provides France's nutritions
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