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A30463 Some letters, containing an account of what seemed most remarkable in Switzerland, Italy, some parts of Germany, &c. in the years 1685 and 1686 written by G. Burnet, D.D. to the Hoble. R.B. ; to which is added, An appendix, containing some remarks on Switzerland and Italy, writ by a person of quality, and communicated to the author ; together with a table of the contents of each letter. Burnet, Gilbert, 1643-1715. 1688 (1688) Wing B5920; ESTC R21514 187,788 260

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Reduction of the Interest of mony Due by the MONTES at Rome from 4 to 3 per Cent. EVery body almost knows what 't is which in Italy especially at Rome they call the Montes it it is much like the Rents upon the Town house at Paris The Popes having occasion of money borrow great sums of particular Persons at 4 per Cent Interest This they call at Rome the Establishment of the Monte that is the Creation of certain Officers and the assignment of several Rents for the payment of those who have lent Mony to the Pope The present Pope finding the Chamber engaged to the annual payments of I know not how many Millions of Roman Crowns Interest to those that had ient Money upon the Monte resolved in part to reduce and lessen the great Sum of Money which the Interest amounted to and having for this purpose raised several Millions of Roman Crowns he acquainted those that had money upon the Monte that they should come and receive their principal money unless they would take 3 per cent Interest for the 4 per cent which they formerly received w●ereupon there being really no Trade in all the Ecclesiastical Territories and the Lands worth nothing and that the Estates of the Nobility were all sold to a penny all Persons who had Money upon the Monte not knowing how to Imploy it to advantage elsewhere let it there remain contenting themselves with three per cen● instead of four per cent which they had before So that by this means every one concerned lost a fourth part of their yearly Income and the Chamber got I know not how many Millions of Crowns yearly by this Retrenchment of one per cent It is almost incredible the Immence Sums the Pope hath raised by retrenching of many superf●uous Expences and extinguishing several Offices to which great Salleries were payd by the Ecclesiastical Chamber and b● divers other means Those who are well informed in the●e matters do for certain affirm that all the Subsidies which the Pope hath remitted to the Emperor and King of Poland to carry on the War against the Turks are not the thirtieth part of the Money which he hath treasured up altho likewise he hath pay'd many Debts of the Chamber which were not chargeable upon the Montes I ought not here to omit relating that the Inns especially in Tuscany in Romania and between Rome and Naples are very sordid and incommodious one may give a pretty good guess at the prodigious Wealth belonging to the Clergy in the Kingdom of Naples by the great quantity of plate Vessels and Statues of Silver in the Churches and by the riches and magnificent Furniture of their Habitations and Vestments of the Priests One may upon the whole matter make this Important Reflection that if the King of Spain doth not think of some expedient to hinder the Clergy from Increasing their Estates in Lands which they do daily they will in a very little time become Masters of the greatest part of the Kingdom of Naples for they are already possessed of more than the half of the Lands of that Kingdom besides the other vast profits they make continually under pretence of Service to the Church for their Masses Buildings Burials Marriages Confessions and by their Indulgences and the Legacies left them by Will. Tho these are Remarks made in hast yet they may be of use to the Author I know several very pleasant Stories of the Iesuits at Naples The Prince of Salerme gave them the moiety of a great House which he had at Naples and thereupon an Inscription was engaven in Capital Letters upon the Frontispice of the House of the Donation thereof given to the Iesuits by the said Prince within these few years the Iesuites have turn'd the Heires of the Prince of Sal●rme out of possession of the other Moiety of the said House and have defaced the Inscription upon the House and all this they have done by Colour of Law and Justice Upon the first Establishment of the Society of Iesuits the Carthusians of Naples who are very rich voluntarily assigned them a yearly Pension of several thousand Ducats but the Carthusians perceiving that of late years several of the Iesuits were grown mighty rich resolved to withdraw the said Pension the Iesuites hereupon went to Law with them and obtained Sentence that the said Pension should be continued The Iesuits have got a very considerable part of the Lands of the Nobility in the Kingdom of Naples All the Religious of what Order soever they be who have Houses at Naples have the Priviledge of purchasing all Houses that are contiguous to them on the one side or the other to the very end of the Street in order to make their Houses entire and to stand alone like an Island and for this purpose they have no more to do than only pay the Proprietor for his House not according to the present Value but as it was last sold perhaps 50 60 or 100 years ago and so hath descended from Father to Son successively to the person then in possession Many other very considerable Remarks might be made of the divers Triks and Methods the Clergy of this Kingdom make use of to wheed●e and trapan the Laity out of thei● Estates FINIS