Crises in the History of the Papacy: A study of twenty famous popes whose careers and whose influence were important in the development of the church and in the history of the worldMcCabe, Joseph
History
Crises in the History of the Papacy: A study of twenty famous popes whose careers and whose influence were important in the development of the church and in the history of the world
McCabe, Joseph
Catholic Church -- History; Papacy -- History
John turned to the organization of the Papal income, and his success
in this direction is notorious. Villani says in his _Florentine
History_[256] that at his death John left a fortune of 25,000,000
florins[257] in coin and jewels. Villani is hostile, but he affirms
that he had this information from his brother, who was one of the
bankers appointed to appraise the sum. Other chroniclers give different
figures. It happens, however, that John's ledgers are still preserved
in the Vatican archives, and as in this case they completely refute
the anti-Papal chroniclers--a point certainly to be carefully noted
by the historian--they have been published.[258] Some of the ledgers
are "missing," but there are general statements (tallying with the
separate ledgers), and from these it appears that the entire income of
the Papacy during the eighteen years of John's Pontificate was about
four and a half million florins (or about £120,000 a year), and that
the greater part of this was spent on the Italian war. There is an
expenditure of nearly three millions under the humorous heading of
"Wax, and certain extraordinary expenses," and the items show that the
Italian campaign to recover the Papal estates absorbed most of this. At
the same time the ledgers do not quite confirm the edifying tradition
of John's sober and simple life. His table and cellar cost (in modern
terms) nearly £3000 a year; his "wardrobe" nearly £4000 a year: and
his officials and staff about £15,000 a year. Immense sums seem to
have been given to relatives--there is one item of 72,000 florins paid
to his brother Peter for certain estates--and we know that in 1339 he
began to build the famous Papal Palace.
In sum, the editors of John's accounts conclude that the Papal
treasury would, at his death, have shown a deficit of 90,000 florins
but for a loan of half a million from his private purse; and that
the total amount left behind by him (besides his valuable library of
1028 volumes, his collection of 329 jewelled rings, etc.) was only
about 800,000 florins. It is true that, in spite of the businesslike
appearance of the ledgers, we must not take this as a statement of
the Pope's entire estate. Vast sums were collected which did not pass
through Avignon, but went straight to the Legate in Italy (and possibly
elsewhere). Moreover, the "private purse" of the Pope is an interesting
and obscure part of his system. It was discovered at his death that he
had a secret "little chamber," over one of the corridors, into which a
large part of the income went. There are historical indications that
he diverted to his private account large sums for military and special
political purposes. He did not foresee how Clement VI. would genially
dissipate it, with the words: "My predecessors did not know how to
live." This account was not entered in books, and we have to be content
with the assurance that he left at his death rather less than a million
florins in all.
Public-domain text, read in full here on John Shaqi.
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