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Continental and Illuminations

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Breve sanctissimi domini nostri Pauli divina providentia Papae V. Concessum communitati Ferrariae in subsidium sacri Montis Pietatis. Ferrara. Vittorio Baldini,

MONTES PIETATIS,
Date: 1605.

Large woodcut Papal arms on title-page.Folio. 4 leaves, uncut and unbound as issued.

Papal edict from Paul V, signed by the Papal secretary M. Vestrius Barbanus, it was aimed at supporting the Monti di Pietà in Ferrara. The Montes Pietatis or Monti di Pietà were charitable institutions of credit which were aimed at protecting people against usurers. They operated by lending money at low rates of interest or without interest at all, upon the security of objects left in pawn and represent the foundation of the modern pawnshop. They came under ecclesiastical management, and enjoyed the steady protection of the Popes, although some assumed the character of a bank and became owners of considerable property.Not in OCLC or BLSTC.

Stock Code: CO15881

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