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2020-09-16 00:07:02
The Renaissance
1455: From the Heart of Florentine Renaissance Banking Silk From the Silk Road, Persia and Indonesia, Cloth From Florence, French Wool, Verzino For Making Dyes From the East
04/02/1455. The Renaissance A Signed Document from a Great Renaissance Merchant of Florence to His Venetian Counterpart, Rich With Details on Its International Trade And His Merchant Symbol With the Treaty of Lodi signed, peace will bring prosperity, Buonaccorso Pitti predicts "The galleys have come and they have brought a few excellent silks from the archipelago [Indonesia]. Please, tell us their prices and tell us about the stravai and leggi [raw silk from Iran]"A period of crucial historical development of the modern banking system is late Medieval and Renaissance Italy, and particularly the affluent cities of Florence, Venice and Genoa. The most famous Italian bank was the Medici bank, established by Giovanni Medici in 1397. It was the largest and most respected bank in Europe. Some estimates say that the Medici family was, for a period of time, the wealthiest family in Europe.Banks in that period did not just loan money, they engaged in international and local trade in a way unprecedented before. Their extension of credit, ability to trade across country boundaries, and the increasing affluence of the wealthy, allowed for a ready market for luxury goods.Among these early Florentine Banks was the Baldesi firm, established by Turino Baldesi and quickly a client of the Medici firm, with which it did extensive business. The Baldesi firm was involved in the trade in many countries, stretching from the Silk Road to the end of known civilization in the West - England. They traded in silk from Iran, goods from Indonesia, and of course lent money.In the early 15th centur … [Click Below for Full Description]
Bookseller: The Raab Collection [United States]
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