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    Medici Money

    Page 23
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      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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