The Florentines, after the pacification of Lombardy, could not remain quiet; for it appeared disgraceful that a private gentleman should deprive them of the fortress of Serezana; and as it was allowed by the conditions of peace, not only to demand lost places, but to make war upon any who should impede their restoration, they immediately provided men and money to undertake its recovery. Upon this, Agostino Fregoso, who had seized Serezana, being unable to defend it, gave the fortress to the Bank of St. Giorgio. As we shall have frequent occasion to speak of St. Giorgio and the Genoese, it will not be improper, since Genoa is one of the principal cities of Italy, to give some account of the regulations and usages prevailing there. When the Genoese had made peace with the Venetians, after the great war, many years ago, the republic, being unable to satisfy the claims of those who had advanced large sums of money for its use, conceded to them the revenue of the Dogano or customhouse, so that each creditor should participate in the receipts in proportion to his claim, until the whole amount should be liquidated, and as a suitable place for their assembling, the palace over the Dogano was assigned for their use. These creditors established a form of government among themselves, appointing a council of one hundred persons for the direction of their affairs, and a committee of eight, who, as the executive body, should carry into effect the determinations of the council. Their credits were divided into shares, called _Luoghi_, and they took the title of the Bank, or Company of St. Giorgio. Having thus arranged their government, the city fell into fresh difficulties, and applied to San Giorgio for assistance, which, being wealthy and well managed, was able to afford the required aid. On the other hand, as the city had at first conceded the customs, she next began to assign towns, castles, or territories, as security for moneys received; and this practice has proceeded to such a length, from the necessities of the state, and the accommodation by the San Giorgio, that the latter now has under its administration most of the towns and cities in the Genoese dominion. These the Bank governs and protects, and every year sends its deputies, appointed by vote, without any interference on the part of the republic. Hence the affections of the citizens are transferred from the government to the San Giorgio, on account of the tyranny of the former, and the excellent regulations adopted by the latter. Hence also originate the frequent changes of the republic, which is sometimes under a citizen, and at other times governed by a stranger; for the magistracy, and not the San Giorgio, changes the government. So when the Fregosi and the Adorni were in opposition, as the government of the republic was the prize for which they strove, the greater part of the citizens withdrew and left it to the victor. The only interference of the Bank of St.