MERCHANTS, MONEY AND MAGNIFICENCE;

FLORENCE IN THE RENAISSANCE

 

by Anthony Molho

           

 

TABLE   OF    CONTENTS 

 

 

CHAPTER 1  THE CITY

 

People and Activities

Civic Spirit

Living Arrangements

Public Life

 

 

CHAPTER 2  MERCHANTS AND BANKERS

 

The Guilds

The Wool Business

Silk Cloth

Banking

Record and Account Keeping

Other Business Ventures

Hardships of Trade

 

 

CHAPTER 3  FLORENTINE SOCIETY

 

The Aristocrats

Social Mobility

The Florentine Family

Friendship

The Artisans and the Unskilled Workers

The Black Death

 

 

CHAPTER 4  GOVERNMENT AND POLITICS

 

Forms of Government in Italy

The Florentine Republic

The Government in Action

The Last Years of the Republic

The Medici Government

 

 

CHAPTER 5  FLORENCE AND HUMANISM

 

Humanism and the Revival of Ancient Learning

Humanist Writing

Humanist Art

Humanism and Florence

 

 

CHAPTER 6  WHAT WAS THE RENAISSANCE?

 

Charactertistics of the Renaissance

 

 

GLOSSARY

 

Albizzi (al-bet' se): a politically influential family with large landholdings and business

interests in Tuscany

antiquity: ancient times; the days of ancient Greece and Rome

apprentice: a member of a guild who studied or worked under a master to learn the

 secrets of the trade

aristocracy: a group of families of the highest social status, such as nobles and wealthy

merchants and bankers

artisan: a person who has a craft or trade.  In Florence, artisans who were master

craftsmen were organized into the fourteen "minor" guilds.

Bardi (bar' de): one of the three largest banking firms in Florence

bill of exchange: a letter of credit (see below), usually written in one currency and paid in

 another

Bruges (broozh): a city in Belgium

Brunelleschi (broo-nel-les' ke): a Florentine architect, noted for designing the dome on

the cathedral in Florence, who .worked out a mathematical formula to

guide painters in creating the illusion of depth.  (This is called the principle of perspective.)

capital: goods or money that can be invested in lands or business to produce more goods

or money

capitalist: a person who invests goods or money to produce a profit

Datini, Francesco (da-tea'ne, fran-ches’ ko): a Florentine wool merchant

Donatello (do-na-tel' lo): a Florentine sculptor

dowry: an amount of money or property, usually specified in a marriage contract, that a

bride brings to marriage

ducat (duk’ etat): a Venetian gold coin

Duomo (Doo-o-mo): the cathedral in Florence

extended family: a family that includes both close and distant relatives

florin: a Florentine gold coin; in purchasing power in the mid-14th century, equal to

 about $100 today

Giotto (jot' to): Florentine artist who inspired the humanist revolution In art by painting

his subjects so that they would appear to be real people expressing real human

emotions

grana: a red dye; in Florentine slang, it meant-and continues to mean-money, reflecting

the profitability of the trade in cloth with deep, rich colors, especially red

guild: an organization of people working in a single craft.  A guild had control of the

 work and workers, and only guild members were allowed to practice their profession.  There were seven "major" guilds and fourteen "minor" guilds.

holding company: a company that owns other companies

humanism: a movement marked by revival of interest in ancient Greek and Roman culture and by emphasis on the importance of the creative individual

kinsman: a person of the same family or clan; a relative

lanaioli (1a-na-yo’le): the leaders of the wool business-wealthy merchants who owned

 wool shops and directed the process of cloth-making

letter of credit: a letter from a bank stating that the buyer in a transaction has a certain

 amount of money in the bank which the seller later can collect as payment

Masaccio (ma-zat' cho): a Florentine painter

Medici (me'de-che): a politically influential family who became the largest and most

powerful bankers in Europe

mercenaries: hired soldiers who fought for any state that offered the highest pay

miserabili (me-ze-ra’ be le): "the miserable ones"; unskilled workers at the bottom of the

 social scale.  They were often unemployed and poverty-stricken.

monarch: the supreme ruler of a country

nuclear family: the main unit of a family consisting of parents and children, as opposed to extended family which includes more distant relatives

Palazzo dei Signori (pa-lat'so da’e  sen-yo’ re): "palace of the lords”; an imposing palace

 built originally as a fortification of the city of Florence, later also used for official

 ceremonies

Pazzi (pat se): banking family who commissioned the building of Pazzi Chapel in

 Florence

Peruzzi (pe-root 'se): one of the three largest banking firms in Florence in the 14th century

piazza: a public square

Ponte Vecchio (pon' te ve' kyo): the "old bridge"; one of the four bridges that connect the

north and south sides of Florence separated by the Arno River; site of many shops and peddlers.  Today it is lined with antique and jewelry shops and visited by many tourists,

populus  Latin term meaning "the people"; in Florentine political terms, populus meant

only guild members

prior: a member of the priorate, the most powerful governing body in Florence

priorate: the most powerful and important body of government officials in Florence.  It

 was composed of nine men (priors) who held office for two months.

Renaissance: "rebirth"; the period between the 14th and 16th centuries in Europe marked

 by a revival of the classical influence of Greece and Rome, the emphasis on the

 creative individual (see humanism), and a burst of activity in business, literature, and art

republic: a form of government in which power resides in a group of people representing

 the population as a whole and restricted by the laws of a constitution, as opposed

 to government by one man, as in the signories

Santa Croce (san'ta  kro' cha): "holy cross"; Franciscan convent and church north of the

 Arno River

signore: Italian word for "lord"; also means "Mr."

signory: the form of government of a city-state in which the head of a prominent city

 family became the city's master

social mobility: movement from one social class or status to another

subsidy: a sum of money given by a government to support an enterprise thought to be

important to the country

tariff: a tax imposed on goods leaving a country or being brought into a country

 

 

 

 

INDEX

 

Acciaiuoli, 24

Africa, 23, 78; North, 17, 34

Alberti, Leon Baftista, 40, 72

Albizzi, 11, 61, 64

ambassadors, 8,12, 57

Apennine Mountains, 5

Arabs, 78

architecture, 12, 77

Arno River, 5, 21, 22

artisans, 12, 21, 23, 37, 45-46, 65; in artists' workshops, 79

arts, 6, 12; of Middle Ages, 2,7 2; patrons, 2, 3, 78; Renaissance,72-73,83

Asia, 23, 24

Athens,78

Balkans, 34

bankers, 2, 6, 17, 31, 37, 53, 60, 78

banking; practices, 24-30; failures, 34

baptisms 12

Barcelona, 20

Bardi, 24, 26, 29

Bartolus of Sassoferato, 57

Belvedere, 5

Black Death, 26, 29, 30, 34, 45, 50; in Florence, 51

Black Sea, 51

bookkeeping, 6, 30

Bracciolini, Poggio, 68

Bruges, 27, 30

Brunelleschl, Filippo, 11, 74, 75

Bruni, Leonardo, 70, 72

business, 21, 35, 41, 51; agents, 30, 34; art connections with, 67, 79; see also banking,

 guilds, silk cloth, wool

Caesar, Augustus, 71; Julius, 71

capitalists, 21

Charles of Durazzo, 14

Christians, 71, 72, 77; Bible, 72

churches, 2, 5, 6, 11, 24, 43, 65

Cicero, 69

cities, 3, 6, 8,53, 78,83; citizens of, 12, 57, 58; medieval, 6, 67

clergy, 12, 47, 53

cloth-making, 17, 21, 22; see also wool

Cotswolds, 20; see also England

Crete, 31

Crimea, 31

criminals; execution of, 14-15;

conviction of, 47

Cyprus, 27, 31

Dati, Gregorio, 41

Datini, Francesco, 20, 21, 30, 31, 34,35t44

diaries, 12; of Datini, 38; of Pitti, 42

dictator, of Florence, 60

Donatello, 75

dowries, 43

ducat, Venetian gold coin, 26, 28

Duomo, cathedral of Florence, 5, 11, 14, 75, 79

education, 2, 6, 68, 72, 77, 82

Edward III, of England, 26

Egypt, treaty with Florence, 26

England, 20, 23, 51, 78

Europe, 2, 17, 20, 23, 30, 31, 34, 37, 51, 70, 81

fairs, 26

families; extended, 41; Florentine, 11; nuclear, 40-41; traditions, 41-43

farms, 6, 38, 54; see also landholders

festivals, 65

fire department, 60

Flanders, 23

Florence; city of, 2, 3, 5, 6, 8, 11, 12, 14, 15, 17, 18, 19, 20, 21, 23, 24, 29, 37, 38, 39, 40,

41, 43, 44, 45, 47, 50, 53, 54, 55, 58, 59, 60, 61, 64, 65, 67, 72, 75, 77, 78-79, 82,

83; budget of, 31; constitution of, 5960, 61; description of, 12; population of, 6, 45, 72; quarters of, 11; Republic of,  53, 57, 59, 61, 65; society of, 7, 34, 37-41, 45; see also Black Death, churches, government, guilds, Medici

florin, 19, 26

food, 5, 6, 8

France, 23, 34, 51, 78

friendship, concept of, 44-45

funerals, 12, 43, 44, 51

Germany, 23, 51, 78

Giotto, 72, 73, 74, 78, 79

government, 3, 12; democratic, 53; of Florence, 8, 11, 31, 37, 46, 53-54, 55, 57, 59, 69,72

grano (money), wool colors, 23

Greece, culture of ancient, 67, 68, 83; trade with, 72

guilds, 17-19; Florentine, 34, 37, 51, 53, 79; major, 55-57; minor, 46-47; wool guild, 18,

19, 20, 21, 30, 79

Henry of Lancaster, 34

humanism, 2, 67-69, 70, 83; and art, 72-73; in Florence, 77-78; and sculpture, 75 Hundred Years War, 26

Hungarians, 78

India, 17

industry, 82; see also silk cloth, wool

insurance, 29, 31

Italy, 3, 81; southern, 30

Jacopo, Agnolo di, taxes of, 46

jousts, 14

justice, 14, 18

landholders, 6, 38; noble, 2, 24, 34, 37, 54, 55

language study, 68

letter of credit, 26-27

letters; business, 20, 30; about Florence, 11, 12, 59; personal, 43; religious, 70 liberties,

 political, 57

Lille, 34

Loggia de' Lanzi (Balcony of the Lancers), 8

Lucca, 23, 59, 61, 64, 82

manuscripts, 8, 81

marriages, 12, 43-44

Masaccio, 74, 75

mathematics, 6, 74, 77

Mayor of Florence, 8

Mazzei, Lapo, 44-45

Medici, 11, 34, 40, 42, 43, 57; bank, 29, 30, 34; Cosimo de, 40, 63, 64-65; Giovanni de,

 29, 30, 35, 40, 43, 64; palace, 12-13,65

merchants, 2, 3, 8, 17, 53, 78

Middle Ages, 2,67,68,78; art of, 72; difference from Renaissance, 83; literature, 69

Middle East, 17

Milan, 2, 11, 17, 58, 59, 61, 70

Minorca, 20

miserabili (miserable ones), 37, 47-48,51,59

monastic orders, 6, 11, 53, 69, 70

Morelli, Giovanni, 38,39; family of, 40, 42, 78

Mugello, 38,40

Naples, 2, 17, 23, 28, 59, 70, 82

nature, 74; and art, 72

Niccolo, Biaggio di, taxes of, 46

nuns, 6, 5 3

Old Bridge (Ponte Vecchio), 5

painting, 8, 31, 72, 74, 77

palaces, 2, 6, 11, 12, 79, 83

Palazzo dei Signori, or Palazzo Vecchio (Palace of the Lords, or Old Palace), 5, 8, 11, 14,

 59, 79

Palazzo Vecchio, see Palazzo del Signori

Pantheon, 77

papacy, 23, 24, 59, 78

Parenti, marriage of, 34

Paris, 2, 17

patrons; art, 3, 78; literature, 3

Pazzi, 77

peasants, 38, 39

Pericles, 78

Persians, 78

perspective, discovery of, 74-75

Peruzzi, 24,26,27

Petrarch, Francesco, 69-70

pirates, 34

Pitti, Buonaccorso and Neri, 42

Poland, 51

police, 59

poverty, 47; see also miserabili

Prato, 30

prince, 54; see also signory

priors, 59; see also government

prisons, 50, 60; see also criminals, taxes

public life, 12, 14, 17

Quintilian, 68

Renaissance, 2, 3, 6 7, 78, 81, 83;  Florentine, 77; Italian, 17; society of, 34, 81; see also

humanism

republic, 2, 53; superiority of, 70-71

Rhodes, 27

Ricasoh, 42

Rome, 2, 12, 77; culture of, 67, 68, 70,'72, 83; Empire, 53, 71; language of, 69; Republic,

            12,71

Russia, 34

Saint Anthony, 14, 47

Salutati, Coluccio, 70, 72

Salvi, Niccolo di, 50

San Giovanni, quarter of Florence, 11, 14

San Lorenzo, Church of, 43

Santa Croce, Church of, 5, 77

Santa Maria Novella, Church of, 5

Scandinavia, 24, 78

sculpture, 2, 31, 72, 74, 75, 77, 83

Shakespeare, Merchant of Venice, 35

shipping, 20, 31, 82

shops, 5, 6, 11, 12, 19, 21

Sicily, 24

signory, 53, 58, 64

silk cloth, 23-24, 82

slaves, 34, 53

Slavs, 78

social mobility, 39-40

South America, 23

Spain, 20

spices, 31

St. John's Day, 20

streets, 6, 8

Strozzi, Alessandra and Caterina, 43

tapestries, 34

taxes, 23, 41, 46, 59, 60, 61

trade, 20, 30, 34-35

travel, dangers of, 27

Turks, 78

Tuscany, 11, 20, 53, 59, 61; government of, 12

United States, 19, 26, 39, 40, 53, 83

uprisings, of poor, 50, 60; see also miserabili

Venice, 2, 17, 23, 53, 82

Villani, Giovanni, 6, 19, 20, 21

Vinci, Leonardo da, 73

wages, 45

war, 5, 8, 34, 54, 59, 70

wealth, 2, 11, 17, 21, 81, 82

wool, 17, 19-23, 50, 82; see also guild , s

Yugoslavia, 34