Under the orders of Jerome Bonaparte, led by Minister of Finance Mane, a bankers' conference in France commenced at the Elysee Palace.
Participants in the conference, besides Jerome Bonaparte, Mane, De Ruyi, and Parisian bankers, also included the Ottoman Empire delegation, the Austrian ambassador to the French Empire, Rothschild (diplomatic envoy of the Austrian division), and his secretary Richard Metternich, among others.
The main purpose of this conference was to show Rifat Pasha that the French Empire is not only powerful militarily but also economically second only to the Kingdom of Britain.
Secondly, it was to convey to Austria the French Empire's determination regarding the Crimean War.
Bringing the delegation of the soon-to-be-at-war Ottoman Empire into such an economic exchange meeting sufficiently demonstrates France's confidence in the Ottoman Empire.
