Lorenzo de' Medici, the Magnificent (vol. 1 of 2)Reumont, Alfred von
History
Lorenzo de' Medici, the Magnificent (vol. 1 of 2)
Reumont, Alfred von
Medici, Lorenzo de', 1449-1492
It was a fortunate thing for Florence that peace was concluded, for the
expenses had long been enormous. The allies seemed to think that the
Florentine purse was inexhaustible. When Galeazzo Maria arrived in July
1467 from the camp, he carried an open empty purse at his belt: they
were obliged to pay him a large sum, says a contemporary, to enable
him to return to the camp.[155] At the same time the sum of 1,200,000
gold florins was raised, partly by a property tax, partly by additional
imposts, to which the clergy and those otherwise exempted from
taxation were forced to contribute, while the half of their salaries
was deducted from all officials outside the city. The heavy expenses
of the war did not, however, hinder the expenditure of large sums for
other purposes, as, for example, in February 1468, even before the
peace was ratified, 37,000 gold florins were paid for Sarzana and the
neighbouring castle, which the Genoese Fregosi sold to the Republic, a
bargain which caused violent disputes afterwards. There was no lack of
complaints of the great expenses. Even before the war numerous failures
had taken place, and created a serious panic in the commercial world.
The war had crippled industry and commerce. The government could not
blind itself to the prevailing discontent, and if they sought to amuse
the crowd by festivals in honour of foreign princes, and in other ways,
they only increased the expenses of the city. The Duke of Calabria, who
had his winter quarters in the Pisan territory, was twice in Florence
in the autumn of 1467, where great honour was shown to the son of the
most powerful of the allies. In the following May, after the peace,
he resided in Pisa, and informed Lorenzo de’ Medici, through Luigi
Pulci,[156] that he thought of spending the festival of St. John at
Florence, and recommended him to see that it should be brilliantly
celebrated.
Public-domain text, read in full here on John Shaqi.
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