The rejoicings with which the humanists hailed the elevation of one of their own number to the Papal throne may be readily imagined; nor were their golden expectations, founded on a previous knowledge of his liberality in all things that pertained to learning, destined to be disappointed. Nicholas V., to quote the words of Vespasiano, who knew him well, 'was a foe to ceremonies and vain flatteries, open and candid, without knowing how to feign; avarice he never harboured, for he was always spending beyond his means.'[194] His revenues were devoted to maintaining a splendid Court, rebuilding the fortifications and palaces of Rome, and showering wealth on men of letters. In the protection extended by this Pope to literature we may notice that he did not attempt to restore the _studio pubblico_ of Rome, and that he showed a decided preference for works of solid learning and translations. His tastes led him to delight in critical and grammatical treatises, and his curiosity impelled him to get Latin versions made of the Greek authors. It is possible that he did nothing for the Roman university because he considered Florence sufficient for the humanistic needs of Italy, and his own Alma Mater for the graver studies of the three professions. Still this neglect is noticeable in the case of a Pontiff whose one public aim was to restore Rome to the rank of a metropolis, and whose chief private interest was study. [Footnote 194: Vespasiano, pp. 25, 27.] The most permanent benefit conferred by him on Roman studies was the foundation of the Vatican Library, on which he spent about 40,000 scudi forming a collection of some 5,000 volumes.[195] He employed the best scribes, and obtained the rarest books; nor was there anyone in Italy better qualified than himself to superintend the choice and arrangement of such a library. It had been his intention to place it in S. Peter's and to throw it open to the public; but he died before this plan was matured. It remained for Sixtus IV. to carry out his project. [Footnote 195: _Ibid._ p. 38.]