Florence, in the middle of the fourteenth century, was a vast beehive of industry. Distinctions of rank among burghers, qualified to vote and hold office, were theoretically unknown. Highly educated men, of more than princely wealth, spent their time in shops and counting-houses, and trained their sons to follow trades. Military service at this period was abandoned by the citizens; they preferred to pay mercenary troops for the conduct of their wars. Nor was there, as in Venice, any outlet for their energies upon the seas. Florence had no navy, no great port--she only kept a small fleet for the protection of her commerce. Thus the vigour of the commonwealth was concentrated on itself; while the influence of the citizens, through their affiliated trading-houses, correspondents, and agents, extended like a network over Europe. In a community of this kind it was natural that wealth--rank and titles being absent--should alone confer distinction. Accordingly we find that out of the very bosom of the people a new plutocratic aristocracy begins to rise. The Grandi are no more; but certain families achieve distinction by their riches, their numbers, their high spirit, and their ancient place of honour in the State. These nobles of the purse obtained the name of _Popolani Nobili_; and it was they who now began to play at high stakes for the supreme power. In all the subsequent vicissitudes of Florence every change takes place by intrigue and by clever manipulation of the political machine. Recourse is rarely had to violence of any kind, and the leaders of revolutions are men of the yard-measure, never of the sword. The despotism to which the republic eventually succumbed was no less commercial than the democracy had been. Florence in the days of her slavery remained a _Popolo_. VI The opening of the second half of the fourteenth century had been signalised by the feuds of two great houses, both risen from the people. These were the Albizzi and the Ricci. At this epoch there had been a formal closing of the lists of burghers;--henceforth no new families who might settle in the city could claim the franchise, vote in the assemblies, or hold magistracies. The Guelf College used their old engine of admonition to persecute _novi homines_, whom they dreaded as opponents. At the head of this formidable organisation the Albizzi placed themselves, and worked it with such skill that they succeeded in driving the Ricci out of all participation in the government. The tumult of the Ciompi formed but an episode in their career toward oligarchy; indeed, that revolution only rendered the political material of the Florentine republic more plastic in the hands of intriguers, by removing the last vestiges of class distinctions and by confusing the old parties of the State.