Medici Money

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Medici Money Page 23

by Tim Parks


  pre- and post-Medici upheavals in, 6–9

  property and wealth register in, 73, 81–83, 85

  property tax in, 147–48

  republican constitution of, 6, 88, 137, 148, 154, 158, 159

  “secret things of,” 136–38, 151, 209

  silver currency of, see piccioli

  smells of, 37

  tax assessments in, 33

  Ten of War committee of, 86, 89, 90

  textile industry in, 82

  towers built by nobles in, 16

  two ideal self-images of, 121, 127

  Volterran tax rebellion against, 85–86

  war debt in, 77, 79, 88

  Florentine Histories (Machiavelli), 74–76, 78–79, 86–87, 90, 140, 147, 157

  florins, Florentine, 17, 79–80, 90, 92

  description of, 17

  exchange between piccioli and, 31–35

  as indivisible unit of currency, 36

  sealed, 43

  worth of, 34–37

  florins, Roman, 43

  Fortebraccio, Niccolò, 85–86

  France, 65, 67–68, 183

  Italy invaded by, 4, 9, 244–45

  Franciscan order, 81

  Frescobaldi, Castellano di Tommaso, 50

  fundamentalists, compromisers and, 23

  galley ships, 118, 178–79, 198

  gambling, banned for Medici bank employees, 63

  General Church Council of Lyon, 10

  Genesis, 236

  Geneva, 66, 72

  as currency center, 112–13

  Medici bank branch in, 76–77, 91, 112–13, 115, 170, 175

  Genevan golden mark, 43

  Genoa, 67–68, 77, 195–96, 198, 226

  Germany, 9, 49, 50, 65

  Ghibellines, 16

  Ghiberti, Lorenzo, 8, 13, 62, 131

  Ghirlandaio, Domenico, 166, 168–69, 170, 225

  Giotto di Bondone, 5, 10, 14, 123

  Giovanni XXIII, Pope (Baldassarre Cossa), 55

  Giovanni de’ Medici and, 47–48, 51, 57

  struggle for papacy lost by, 51–52

  tomb of, 53, 56, 57–59, 121, 125, 242

  God, Florence as city of, 121, 127, 136

  Goes, Ugo van der, 178

  gold coins, of Florence, see florins, Florentine

  golden mark, 43, 113

  gonfaloniere della giustizia, 106, 143, 155, 156, 160, 216

  Cosimo de’ Medici elected as, 140

  description of position, 62

  election of, 87–88

  function of, 94, 137

  Giovanni de’ Medici elected as, 62

  length of term served by, 87

  Gonzaga, Federico, 238

  Good Men of San Martino, 108–9, 127

  gout, 5

  description of, 3

  suffered by Cosimo de’ Medici, 119, 127, 150

  suffered by Lorenzo de’ Medici, 4, 226, 240

  suffered by Piero de’ Medici, 3, 151, 157

  Government of Florence Under the Medici, The (Rubinstein), 107–8

  Gozzoli, Benozzo, 128–29, 129, 151, 168, 169

  Greece, 147

  Greece, ancient, 57

  Greek language and philosophy, 185

  Gregory XII, Pope, 51

  grossi, 114

  Guadagni, Antonio, 100

  Guadagni, Bernardo, 97–98, 100

  Guelfs, 16

  Guicciardini, Francesco, 6–7, 8–9, 193, 203, 222, 225, 226, 239, 243–44

  Guidetti, Tommaso, 231

  guilds, 33, 88

  see also Exchangers’ Guild

  Guinigi, Pagolo, 90

  hell, 20, 21, 26, 45, 54, 57

  blasphemers in, 14

  sodomites in, 13–14

  usurers in, 13–14

  Henry IV, King of England, 24

  Henry VI, King of England, 136

  Hermaphroditus, 103

  Hibbert, Christopher, 92

  Histoire de la Peinture en Italie (Stendhal), 223

  holding system, introduction of, 48–49

  Holy Roman Empire, 6, 16, 51

  Holy Sepulchre, 121, 131

  Holy Sepulchre, Church of, 127

  Holy Trinity, 116, 134–35

  homosexuals:

  Cosimo de’ Medici accused of having sympathy for, 102, 103

  viewed as sinners, 13–14

  humanism, 19, 116, 172, 184, 211

  art affected by, 130

  Cosimo de’ Medici’s education in, 55, 159

  Cosimo de’ Medici’s relationship with, 92–93, 108, 119, 121, 185–86

  and justification of leaders, 238

  Lorenzo de’ Medici’s relationship with, 206, 208

  Lorenzo di Giovanni de’ Medici’s education in, 55

  middle ages dismissed by, 206–8

  philosophical breakthrough of, 57

  prominent early figures in, 55

  Savonarola’s fundamentalism as reaction to, 235

  secularization of the West begun by, 92–93

  Hundred Years’ War, 174

  Iliad (Homer), 11–12

  illustrissima, 65

  Imola, 204, 213

  indulgences, 20, 123, 125, 203

  Innocent VIII, Pope, 225, 226, 228, 234, 241, 244

  insurance, shipping and, 40

  interest:

  banche a minuto and, 31

  discretionary deposits and, 23–24

  on exchange deals, 44–45

  exchange transformed by, 13

  fifteenth-century vs. contemporary views of, 15

  on tax loans, 80–81

  see also usury

  Isaac and Abraham, 8, 13

  Ischia, 194–95, 196, 197

  Islam, 14, 147, 195

  Italian language, 225

  Italy:

  French invasion of, 4, 9, 244–45

  illegitimacy and etiquette in, 64–65

  Lorenzo de’ Medici’s political power in, 225

  loss of independence of, 9

  monopoly on European finance held by, 5, 21

  political factions and warfare in, 6, 15–17, 66–79, 84, 88–90, 99–100, 106, 116–18, 141–42, 146–47, 150, 218, 221, 225, 244

  political map of, 69

  protective figures in, 66

  Turkish invasion of, 223

  united against Ottoman Turks, 147

  Izmir, Gulf of, 195

  Jerome, Saint, 64

  Jerusalem, 127

  Jesus Christ, 25, 74, 75, 116, 124, 130, 131, 238, 246

  Jews, 116

  Cosimo de’ Medici and, 103

  as Florence’s only legal pawnbrokers, 31, 103

  wearing of yellow circle required of, 103

  John the Baptist, 53

  John XXIII, Pope, 47, 52

  Journey of the Three Kings (Gozzoli), 151

  Kent, Dale, 108

  kings:

  coinage and, 12, 17

  monetary exchange governed by, 12

  Koran, 14

  language, used as legal or moral camouflage, 24, 31

  Last Judgment (in Baptistery), 54

  Last Judgment (Memling), 179, 230, 231

  Last Judgment (Traini), 19

  Lateran Church Council (1179), 10

  Latin language, 185, 208–9, 221

  Leonardo da Vinci, 225, 243

  Leo X, Pope (Giovanni di Lorenzo de’ Medici), 221, 233–34, 236, 240, 243

  Le Pin, Abbey of, 233

  letters of credit, 6, 21, 25, 111, 135–36, 229–31

  Life of Hannibal and Scipio Africanus (Acciaiuoli), 160

  lily, as emblem of Florence, 17

  Lippi, Filippo, 116, 133, 151

  lira a fiorino, 36–37

  literacy, 30

  Lodi, Peace of (1454), 147

  Logiati, Girolamo, 211

  Lombardy, 142

  London, 83, 113, 118, 197, 204

  exchange deals between Italy and, 40–44

  Medici bank branch in, 110–11, 114,
120, 179–83, 198, 232

  population of, 7

  trade between Italy and, 21–22

  Lorraine, duke of, 244

  Louis XI, King of France, 218, 229

  Lucca, 89–90, 117, 120, 150

  Luke, Saint, 11

  Luther, Martin, 235, 243

  Lyon, Medici bank branch in, 229–31, 232, 233, 239

  Machiavelli, Girolamo, 104–6, 153

  Machiavelli, Niccolò, 71–76, 78–79, 85–87, 90, 100, 140, 147, 157, 163, 193, 206, 224

  Machiavelli, Totto, 42

  Maddalena (slave), 63–64, 76

  Madonna, 130

  Magi, 116, 121, 128–30, 129, 151, 168

  magic:

  art and, 130–31

  money and, 34

  “manifest usurers,” 31

  Marco, Saint, 125

  Martelli, Ugolino, 120

  Martin V, Pope, 24, 25, 52–53, 59, 61, 67–68, 93

  Masaccio, 74, 75, 80

  Masi, Matteo, 120

  Mazzei, Lapo, 8

  Medici, Antonio de’, 229

  Medici, Averardo “Bicci” de’, 3, 8, 9–10

  Medici, Averardo di Francesco de’, 83, 84, 98, 109, 111

  Medici, Cambio d’Antonio de’, 8

  Medici, Carlo de’, 63–64, 159

  Medici, Clarice Orsini, 167, 178, 192–93, 201, 220–21, 239

  Medici, Contessina de’ Bardi, 6, 52, 61, 111, 116, 162

  Medici, Cosimo di Giovanni de’, 5, 6, 9, 17, 20, 24, 46, 61–152, 184, 185, 241, 242

  as ambiguous figure, 86, 92, 103–9, 119–20, 121, 187–88, 246

  arrest, exile, and return of, 94–100, 137, 138, 140

  art and architecture commissioned by, 3, 56, 58–59, 62, 84, 104, 105, 108, 121–22, 124–30, 126, 129, 151, 186, 225, 246

  birth of, 3

  Calderoni’s poem addressed to, 106–7

  as collector, 119, 120, 232–33

  death of, 3, 107, 153

  education of sons of, 159–60

  as gonfaloniere della giustizia, 140

  gout suffered by, 119, 127, 150

  humanist education of, 55, 159

  humanists’ relationships with, 92–93, 108, 119, 121, 185–86

  illegitimate child of, 63–64

  imprisonment and exile of, 3

  Medici bank headed by, 61, 64, 66, 73, 83, 91–92, 107–20, 149–50, 171–72

  motto of, 63

  name saint of, see Cosma, Saint

  official cleansing of sins of, 11, 128

  as partner in Medici bank, 39

  personality of, 61–62, 108, 119

  physical appearance of, 106

  political power of, 3, 86–87, 106, 107–8, 137, 139–41, 143, 153–55

  portrayed in religious paintings, 129, 129, 151

  princely ambitions of, 106, 160

  as protective figure, 66

  religious confraternities and, 62, 108–9, 116, 121

  Rinaldo degli Albizzi’s victory over, 92–98

  slaves of, 63–64, 86

  in Ten of War committee, 86, 89, 90

  title Pater Patriae awarded to, 3, 107

  tomb of, 152

  Medici, Damiano di Giovanni de’, 62, 91, 127

  Medici, Filippo de’, 154

  Medici, Francesco di Bicci, 20

  Medici, Giovanni di Bicci de’, 2–3, 5, 7, 8, 9, 15, 19–20, 36, 54–55, 92, 159, 242

  Albizzi family’s planned coup stopped by, 78

  amount of bank profits taken by, 39

  antiwar position of, 77

  Bardi family and, 6

  Bronzino’s portrait of, 27

  death of, 84–85

  early banking career of, 20, 22–23, 26, 55

  elected head of Florentine government, 62

  Giovanni XXIII and, 47–48, 51, 57

  Medici bank founded by, 2–3, 11, 26, 38

  Medici bank structured by, 48–51

  retirement of, 38–39, 61

  sons’ education and, 55

  “stay out of the public eye” advice of, 3, 4, 27, 28

  Medici, Giovanni di Cosimo de’, 61, 64, 125, 149, 150–52, 159–60, 168, 169, 171

  Medici, Giovanni di Lorenzo, see Leo X, Pope

  Medici, Giovanni di Pierfrancesco, 219–20

  Medici, Giuliano di Piero, 205–6, 211, 214–16, 229

  Medici, Laudamia Acciaiuoli, 156, 157

  Medici, Lorenzo di Giovanni, 20, 97, 156

  death of, 125

  exile of, 98

  humanist education of, 55

  as Medici bank partner and director, 39, 83

  on political power, 87

  Medici, Lorenzo di Pierfrancesco de’, 219–20

  Medici, Lorenzo Il Magnifico de’, 5, 9, 165, 175, 180, 183–243

  alum and, 190, 193, 198–99, 233

  aristocratic aspirations of, 4, 203, 221–22

  as art patron, 187

  assassination plot against Giuliano di Piero Medici and, 206, 211–17, 219

  birth of, 163

  children of, 201, 208, 243

  church incomes and, 233

  as collector, 225

  death of, 4, 241–43

  education of, 163, 184, 189

  excommunication and absolution of, 218, 223

  Florence viewed as own personal work of art by, 208

  gout suffered by, 4, 226, 240

  humanism and, 206, 208

  ignorance of banking declared by, 177

  Il Magnifico title awarded to, 224

  marriage of, 163, 167, 178, 192–93

  Medici bank’s decline under, 4, 208, 213, 215, 218–20, 228–33

  personality of, 203

  physical appearance of, 189

  as poet, 4, 184, 189–90, 191, 193, 201, 209–10, 239, 241

  political power of, 4, 199–200, 209, 225–27

  ricordi of, 183, 201

  role of prince played by, 183–84

  sculptures of, 191, 219

  Volterra sacked by, 201–3

  Medici, Lucrezia de’, 201

  Medici, Lucrezia Tornabuoni de’, 162–63, 166, 167, 168, 202

  Medici, Maddalena de’, 208, 226, 233

  Medici, Piccarda Bueri de’, 20, 162

  Medici, Pierfrancesco de’, 156, 157, 164, 219, 231

  Medici, Piero di Cosimo de’, 3–4, 61, 64, 125, 129, 153, 165, 167, 190, 191

  children of, 162–63

  as collector, 160, 233

  death of, 4, 177, 178, 183

  ill health of, 3, 150, 151, 157, 163, 177

  marriage of, 161–63, 168

  Medici bank headed by, 156, 172–75

  nickname of, 3

  personal emblem of, 160

  political education of, 159–60

  political power of, 3, 155, 160, 163–67

  principle of succession established by, 3, 153

  Medici, Piero di Lorenzo de’, 243–45

  birth of, 201

  death of, 4

  as “dumb son,” 243

  flight from Florence of, 4, 9, 245

  nickname of, 4

  Medici, Silvestro de’, 7, 62

  Medici, Vieri di Cambio de’, 20, 26

  Medici bank:

  alum affair and, see alum

  Ancona branch of, 116, 117

  Avignon branch of, 170, 232

  Basle branch of, 113

  branch directors of, 49–50, 170–71, 175, 177, 228

  branch staffs of, 49

  Bruges branch of, 114, 116, 120, 135, 174–77, 179, 197, 198, 213, 220, 228, 229, 231–32

  condottiere and, 79

  under Cosimo de’ Medici, 3, 61, 64, 66, 73, 83, 91–92, 107–20, 149–50, 171–72

  debt bonds and, 81

  decline and collapse of, 2, 4–5, 110, 167, 170–83, 208, 213, 215, 218–20, 228–33, 246–47

  dry exchanges and, 46

  Florence branch of, 49, 81, 83, 91, 94, 112, 171, 180, 217, 231, 232

  forei
gn correspondents of, 42, 110, 114

  founding of, 2, 11, 26, 38

  Geneva branch of, 76–77, 91, 112–13, 115, 170, 175

  under Giovanni de’ Medici, 2–3, 38–39, 47–51

  Giovanni XXIII and, 47–48, 51–53

  Good Men of San Martino and, 108

  holding office of, 6, 48–49, 114, 115, 120, 149, 168, 169, 170, 239

  London branch of, 110–11, 114, 120, 179–83, 198, 232

  under Lorenzo de’Medici, 4, 208, 213, 215, 218–20, 228–33

  Lyon branch of, 229–31, 232, 233, 239

  Milan branch of, 150, 172–73, 175, 181, 190, 220, 232

  Naples branch of, 48, 50, 201, 219, 232

  partners in, 38–39, 83, 111–12, 120

  under Piero de’ Medici, 3–4, 156–57, 172–75

  Pisa branch of, 118, 119, 120, 232

  political power and, 83–84, 117–18

  premises of, 34

  profits made by, 38–39, 91, 99

  registering of new branches of, 120

  restructuring of, 170–71

  Roman Church and, 47–48, 51–52, 91, 92, 93, 97, 113, 169, 224, 242

  Rome branch of, 47–48, 52, 61, 64, 83, 91, 92, 110–11, 167, 168, 169, 172, 175, 180, 190, 198, 219, 224, 232

  rules for branches of, 49–50, 63

  St. Cosma’s Day holiday observed by, 133

  Sassetti as general manager of, 170–71, 180–81, 228, 232

  “secret books” of, 50

  Sforza and, 106, 117–18, 146, 150

  shareholders of, 49, 219

  tax evasion and, 73, 82

  Venice branch of, 48, 50–51, 63, 83, 91, 96, 98, 112, 116, 135, 146, 172, 201, 231, 232

  Medici family, 2–5

  Albizzi family’s political struggle with, 88–98

  amount of bank profits taken by, 39

  aristocratic presumptions of, 160–61, 170, 178, 246

  church of, see San Lorenzo, Church of

  common traits found in, 5

  confiscation of wealth of, 4

  currency exchange as source of wealth of, 40, 44

  as dukes, 246

  expulsion from Florence of, 234, 246

  Florence warehouse of, 40

  Florentine roots of, 28

  insignia of, 85, 126, 128

  manipulative genius of, 48–49, 50

  as merchants, 39–40

  name saints of, 125, 126

  palazzo of, see Palazzo Medici political and financial power of, 83–84, 88, 117–18, 143–45, 148–49, 167, 200, 204, 217, 223

  as priors of Florence, 19

  puns made on name of, 91

  status of, 62

  textile factories owned by, 82

  upheavals in periods preceding and following, 5–9

  villas owned by, 82–83, 97, 163, 186, 231

  warehouse of, 40

  Mehmet II, Sultan, 73, 147

  Memling, Hans, 178–79, 230, 231

  “mental usury,” 24

  mercenaries, 77, 80, 86, 89, 98

  warlord leaders of, see condottieri

  Merchants’ Guild (Arte di Calimala), 33, 58

 

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