XLII
- We ought, I think, to say in civil terms: You be damned’
-
(Palmerston, to Russell re/ Chas. H. Adams)
- ‘And how this people CAN in this the fifth
-
et cetera year of the war, leave that old etcetera up
- there on that monument!’ H. G. to E. P. 1918
- Lex salica! lex Germanica, Antoninus
- said law rules at sea
- FIXED in the soul, nell’ anima, of the Illustrious College
- They had been ten years proposing such a Monte,
- That is a species of bank—damn good bank, in Siena
- A mount, a bank, a fund a bottom an
- institution of credit
- a place to send cheques in and out of
- and yet not yet a banco di giro, and the Bailey
- sought views from the Senate ‘With paternal affection
- justice convenience of city what college had with such
- foresight wherefore S. A. (Your Highness) as in register
- Nov. 1624
- following details: as third, a Yearly balance
- as 5th that any citizen shall have right to deposit
- and to fruits therefrom resultant at five percent annual interest
- and that borrowers pay a bit over that
- for services (dei ministri) that is for running expenses
- and book keeping which shall be counted a half scudo
- per hundred per year
- (All of this is important)
- and 6thly that the Magistrate
- give his chief care that the specie
- be lent to whomso can best use it USE IT
- (id est, piú utilmente)
- to the good of their houses, to benefit of their business
- as of weaving, the wool trade, the silk trade
- And that (7thly) the overabundance every five years shall the Bailey
- distribute to workers of the contrade (the wards) holding in
- reserve a prudent proportion as against unforeseen losses
- though there shd. be NO such losses
- and 9th that the borrowers can pay up before the end of their
- term whenso it be to their interest. No debt to run more than
- five years.
- July 1623
- Loco Signi
-
† [a cross in the margin]
- That profit on deposits should be used to cover all losses
- and the distributions on the fifth year be made from remaining
- profits, after restoration of losses no (benché) matter how small
- with sane small reserve against future idem
- I, Livio Pasquini, notary, citizen of Siena, most faithfully copied
- July 18th. 1623
- Consules, Iudices, and notary public pro serenissimo
- attest Livio’s superscript next date being November.
- wave falls and the hand falls
- Thou shalt not always walk in the sun
- or see weed sprout over cornice
- Thy work in set space of years, not over an hundred.
- That the Mount of Pity (or Hock Shop)
- municipal of Siena has lent only on pledges
- that is on stuff actually hocked ... wd be we believe useful
- and beneficent that there be place to lend licitly
- MONEY to receive licitly money
- at moderate and legitimate interest
- was sent months ago to YYour HHighness AA VV a memorial
- to erect a New Mountain
- could accept specie from Universities (id est congregations)
- and individuals and from Luoghi
- i.e. companies and persons both public and private
- WHOMSOEVER
- not requiring that they have special privilege
- because of their state or conditions but to folk of
- ANY CONDITION
- that the same Mount cd/lend on good Mallevadoria
- (that is security) at the same rate plus a little over
- to cover current expenses of supervisors and employees
- & being sent to YY. HHighnesses (AA. VV. = YY HH)
- that you might understand it
- that it be brought to consideration with certain details
- discussed first orally and then put into writing
- (in what wd. seem to have been 1622)
- Stating that Siena had no income and Their Highnesses
- had provided credit from customs
- and from miscellaneous taxes
- and that the Grand Duke hadn’t lost anything by it
- Plus a list of Sienese assets (coolish)
- Plus a lien on ‘The Abundance’
- And knowing that all this is but a little
- Pledge the persons and goods of the laity
- And leave open door to other towns in the state
- who care to give similar pledges
- And that whoso puts in money shall have lots in the Monte
- that yield 5% interest
- and that these shareholders shall receive their due fruit
- And that the Gd Duke make known at Siena
- to the same deputies of the Bailey ...
- but that it be separate from the Pawn Shop
- and have its own magistrates and employees
- and that YYour HHighnesses send approbation
- commanding their will, we humbly with reverence
- ... the 29th day of Xember 1622 ...
- servants of YYour HHighnesses
- Nicolo de Antille
- Horatio Gionfiglioli
- Sebastiano Cellesi
- TTheir HHighnesses gratified
- the city of this demand to
- erect a New Monte
- for good public and private and to facilitate ...
- ..agreed to accommodate
- ......and to lend the fund against the Gd Duke's
- public entries to the sum of
- 200,000 scudi
- capital for fruit at 5% annual
- which is 10,000 a year
- assigned on the office of grazing
- on caution of said security offered
- leaving ground for other towns that
- wish to participate
- with TTheir HHighnesses
- approbations as follows:
- Maria Maddalena Tutrice
- Horo della Rena 30 Xembre 1622
- Needs a stamp
- refer to
- the Governor
- Fabbizio bollo
- vedo
- Governatore the illustrious Bailey
- executed in toto & as per true rescript of
- TTheir HHighnesses
- 2 Jan 1622
- Cenzio Grcolini
- which date goes in the Sienese calendar
- whereof December was the x th month and
- March was the New Year
- ACTUM SENIS, the
- Parish of San Joannij in the Gd Ducal Palace
- present the Marquis Joanne Christophoro the
- illustrious Marquis Antony Mary of Malaspina
- and the most renowned Johnny something or other de Binis
- Florentine Senator, witness and I notary undersigned
- Ego Livius Pasquinus of Marius
- (deceased) filius Apostolic Imperial and Pontifical notary
- public Judge Ordinary, Citizen of Siena
- WHEREFORE
- let all sundry and whoever be
- satisfied that the said MOUNT may be created.
-
so that the echo turned back in my mind: Pavia:
- Saw cities move in one figure, Vicenza, as depicted
- San Zeno by Adige ...
- I Nicolaus Ulivis
- de Cagnascis citizen of Pistoja Florentine notary public
- countersigning
- Senatus Populusque Senensis
- ob pecuniae scarcitatem
- borrowing, rigging exchanges,
- licit consumption impeded
- and it is getting steadily WORSE
- others with specie abundant do not use it in business
- (to be young is to suffer.
- Be old, and be past that)
- do not use it in business and everyone remains here
- without work
- few come to buy in the market
- fewer still work the fields
- Monte non vacabilis publico
- shares not to expire with death ... will TTheir HHighnesses
- against public entries
- get that straight—capital two hundred thousand
- which wd. correspond to 10,000 income
- on the entries of the office of grazing
- with precautions (cauteles)
- to guarantee their same Highnesses against any possible loss
- Which idea dates at least to July 1623
- die decima ottava
- and other copies 1624, 1622
- which seems to have been approved ‘last October’
- by Della Rena and M. Magdalene the She Guardian,
- tutrice, more or less regent
- Don Ferdinandus Secundus Dux Magnus
- and his Serenest she tutrices
- with public documentation
- for public and private utility
- foreseeing erection
- legitimate and just, such a MOUNTAIN
- Chigi, Soffici, Marcellus de? Illuri,
- no, Marcellus Austini, Caloanes Marescotti and
- Lord Mt Alban effected
- that the officers of this Mountain
- and in time to come all their successors
- shares that shall be called Loca Montis—
- Have you a place on the Hill, sir?
- out of sure knowledge and
- ex certe scientia et in plenitude of their powers
- inviolable for observance, so to be comprehended
- 10 thousand scudi
- de libris septeno
- ? one scudo worth 7 lire
- in respect to 200,000 (two hundred thousand).