Art -- Italy -- Venice; Venice (Italy) -- Description and travel; Venice (Italy) -- History
In 1171, a few ships, all that remained of a fine merchant fleet in
Constantinople, sailed up the lagoons and roused the Venetians to fury
by the recital of a wanton attack on their countrymen in the East. All
the Venetians in the ports of the Empire had been seized by order of the
Emperor Manuel, cast into prison, and their property confiscated. The
Emperor had been secretly gathering his forces, and by leaning on the
Genoese felt strong enough to pay off old scores. An irresistible wave
of popular indignation swept the state into a war with the Eastern
Empire. To meet the cost a forced loan of one per cent. on property was
levied, a national bank formed, and state bonds were issued for the
amount of the loan bearing interest at four per cent. These securities
were quoted daily on the Rialto according to the fluctuations of the
market, and formed the first funded debt in Europe. In six months the
Doge set forth with a magnificent fleet and the flower of Venetian
manhood; but he wasted precious time in a punitive attack on Ragusa, and
while besieging the capital of Negropont, the ancient Eubœa, weakly
agreed to treat with the Emperor. The subtle Greeks temporised with the
Venetian envoys, one of whom, Enrico Dandolo, we shall hear of again.
Winter came, and a terrible pestilence wasted the Venetian forces. So
great was the mortality that the Giustiniani perished to a man, and the
last scion of this noble house was permitted to leave the cloister in
order to marry the Doge’s daughter and save his name from extinction.
Having raised up several sons, his wife retired to a convent and he to
his cell at S. Nicolo del Lido to fulfil his interrupted vow. Before a
year was past the unhappy Doge and all that remained of the expedition
returned to Venice. The city became infected with the plague, and the
angry people turned upon the Doge, who fled for refuge to S. Zaccaria,
but was cut down before he reached the threshold.
Public-domain text, read in full here on John Shaqi.
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