The Catholic World, Vol. 23, April, 1876-September, 1876.: A Monthly Magazine of General Literature and ScienceVarious
Religion
The Catholic World, Vol. 23, April, 1876-September, 1876.: A Monthly Magazine of General Literature and Science
Various
Catholic Church -- Periodicals
10 being a favorite one—when interest was
demanded or mortgages were forfeited. They were not by any means the
only Italians who publicly courted the queen _Regina Pecunia_; the
ancient name in England for a banker, which was _Lombard_, and the
street in London called Lombard Street, preserving the memory of the
Milanese and others out of Lombardy who took up their first residence
there before the year 1274, and were great moneychangers and usurers.
The stupendous fortunes of the Chigi, who gave Pope Alexander VII. to
the church and are now Roman princes, and before them of the Medici
family, which became royal, were amassed chiefly in the banking
business; but it is a popular error that the well-known sign of the
pawnbrokers’ three gilt balls is derived from the armorial bearings of
the latter, which their agents in England and other countries placed
over the doors of their loan-shops. The arms of the Medici were _or_,
six torteaux _gules_ except the one in chief, which was _azure_
charged with three fleurs-de-lis _or_. Whether these roundlets had any
allusion, as has been suggested, to doctors’ pills and the
professional origin whence the family name is supposed to be derived,
we cannot determine; but the gold pieces called bezants because coined
at Constantinople—Byzantium—and so common at an early period in Italy
that the saying _Aver buoni Bisanzi_ was a proverbial expression
of one who had plenty of money, seem to have been early the
distinguishing sign of money-lenders and changers, and are the true
origin of the pawnbrokers’ balls.
Public-domain text, read in full here on John Shaqi.
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