By Daniela Felisini
This publication presents a vibrant biography of a towering Italian banker, pioneer and entrepreneur. It weaves the entrepreneurial ventures of Alessandro Torlonia (1800-1886) in the course of the narratives of commercial and politics within the 19th century, the expansion of ecu monetary markets and the decline of Papal strength throughout the Italian Risorgimento. The dialogue is based in rigorous old study utilizing unique assets reminiscent of the Archivum Secretum Vaticanum papers and different reliable files; the data of the Torlonia family members, and of the Rothschild financial institution in Paris; memoirs; correspondences, and newspapers. via this ebook readers study that Alessandro Torlonia used to be a guy of many faces, who used to be probably the most advanced and influential characters of Italian monetary existence within the 19th century. Felisini additionally presents a professional critique of the monetary historical past of the papacy: a space of heightened curiosity given the notoriety of kinfolk among the Holy See and its bankers within the 20th and twenty-first centuries. Focal themes resembling the background of eu elites and the heritage of ecu monetary markets could have an interdisciplinary charm for students and researchers.
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Extra resources for Alessandro Torlonia: The Pope’s Banker
After the Restoration there were also records of transactions with the profligate Prince Jérôme Bonaparte, the former King of Westphalia, with whom Giovanni’s first son Marino Torlonia concluded property transactions in later years. The Prince of Saxe-Gotha, the French consul in Rome, the British consul, exiled kings, recently ennobled families and representatives of the ancient European aristocracy, diplomats: the Bank’s documents not only provide us with insights into the human geography of European political 73 74 The documentation is in ACS, Archivio Torlonia, b.
117/73. ” 69 Letters from Valadier to Giovanni Torlonia in ACS, Archivio Torlonia, b. 266, fasc. 23. 70 Stendhal, A Roman Journal, 72–74. 71 For Torlonia patronage of the arts represented a form of confirmation of his new social status, which was expressed in magnificent social occasions attended and described by some of the most famous foreign travellers in Rome. Giovanni’s wife Anna Maria had proved to be a skilful weaver of social relationships; she supported him in a strategy of constructing the family’s image, which was uninterrupted by the changes of regime in the capital.
7. 77 This purchase proved a very favourable property deal, as fifty years later it was valued at more than 160,000 scudi. In this period Giovanni also bought buildings in Rome and in smaller locations such as Viterbo and Tivoli, in order to lease them and use them as offices. 78 The figures relating to other Roman bankers such as Acquaroni (title-holder of bonds to the value of 24,000 scudi) and Lavaggi (10,000 scudi) also seem to confirm the caution of financiers regarding the brokerage of public bonds in a period of such great political and financial uncertainty.