Lives of the early Medici : $b As told in their correspondence
History
Lives of the early Medici : $b As told in their correspondence
Florence (Italy) -- History; Medici, Cosimo de', 1389-1464; Medici, House of; Medici, Lorenzo de', 1449-1492; Medici, Piero de', 1416-1469
In 1466 Piero sent Lorenzo, then eighteen years of age, to Rome on a
mission of great moment both politically and commercially. Perhaps the
most important part of the private business was to secure from the Pope
a monopoly of working the alum mines discovered not many years before
in the short range of volcanic hills lying round the little village
of La Tolfa (Tofa), about eleven miles due west of Civita Vecchia and
within the Pope’s dominions. A few deposits of alum had been known and
partially worked in Europe, _i.e._ at Volterra and Ischia: but for
all practical purposes almost all the alum used in Christendom came
from Asia Minor, and the supply was always inferior to the increasing
demand. A certain Giovanni di Castro prospecting among the hills
round La Tolfa found what he believed to be an inexhaustible supply,
“seven hills of alum.” Castro made sure of his find by calcinating
the stone. He then hastened to Rome, appeared before the Pope, and
somewhat grandiloquently announced his discovery. “I make known to you
a victory over the Turk. He draws yearly from the Christians more than
300,000 pieces of gold, paid to him for the alum with which we dye
wool of various colours, because none is found in Italy, save a little
at Ischia.... I have found seven hills so abounding in alum that they
might supply seven worlds. If you will send workmen, cause furnaces
to be built and the stone to be calcined, you may furnish almost all
Europe, and what money the Turk used to acquire will fall into your
hands.” The Holy See made haste to secure the newly-found treasure, and
in order to have a monopoly in the sale the Pope excommunicated every
one who tried to import alum into Europe from the Turkish dominions. So
determined were the Popes to maintain what in modern language would be
called their “corner in alum,” that in the proclamation of Indulgences
it was always expressly declared that the pardon promised did not
include those who imported alum into Europe from the Turkish dominions.
Such a deposit needed capital to work it properly and the Holy See
farmed out the monopoly, protected by excommunication, to a firm of
capitalists. Young Lorenzo was instructed to secure, and did obtain,
this very valuable concession for his family. Hereafter the profits of
the monopoly of alum were a source of great wealth to the Medici.
Public-domain text, read in full here on John Shaqi.
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