Louis XIV, the greatest of the Bourbon monarchs, had now taken into his own hands the reins of power. Nominally he had been king of France since 1642, when he was only five years old, but it was not until 1658 that the control of affairs by the regency came to an end. Moreover, Colbert was now chief minister of state, so that colonial matters were assured of a searching and enlightened inquiry. Richelieu's interest in the progress of New France had not endured for many years after the founding of his great Company.