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Updated: July 26, 2025


About eleven years afterwards, the same merchant gave an acquittance to Henry VIII. of England, for the sum of 152,180l. Flemish, which the king had borrowed of him. The Fuggers had a licence from the king of Portugal to trade to India; and they used to send their own factor in every ship that sailed thither, and were the owners of part of every cargo of pepper imported.

They entreated that the bills drawn in Philip's name upon Lombardy bankers, and discounted at a heavy rate of interest, by the Fuggers of Antwerp, might be duly provided for at maturity.

The average between apostles and sins was struck at ten thousand ducats, or fifty thousand dollars, a sum equal in purchasing power to near a million to-day. Albert borrowed this, too, from the Fuggers, and was accordingly confirmed on August 15, 1514. "In order to allow the new prelate to recoup himself, Leo obligingly declared an indulgence for the benefit of St.

She was as agile as a squirrel. Her pretty little face, with its sparkling blue eyes, attracted the men as bacon draws mice. Then, pleased to have listeners, she related how the girl had lured florins and zecchins from the purse of many a wealthy ecclesiastic. She might have been as rich as the Fuggers if she hadn't met with the accident and had understood how to keep what she earned.

Thus the man of truth, faith, and his word had no idea of selling himself cheap, but manifested as much commercial genius as the Fuggers themselves could have displayed, had they been employed as brokers in these mercantile transactions.

Gustavus is in Augsburgh, the queen of German commerce, the city of the Fuggers with their splendid and romantic money kingdom, the city of the Confession. He is in Munich, the capital of Maximilian and the Catholic League. His allies the Saxons are in Prague. A few marches more and he will dictate peace at Vienna with all Germany at his back.

She was as agile as a squirrel. Her pretty little face, with its sparkling blue eyes, attracted the men as bacon draws mice. Then, pleased to have listeners, she related how the girl had lured florins and zecchins from the purse of many a wealthy ecclesiastic. She might have been as rich as the Fuggers if she hadn't met with the accident and had understood how to keep what she earned.

If the banker is to perpetuate himself, he must found a noble house, a dynasty; like the Fuggers of Antwerp, that lent money to Charles V. and were created Princes of Babenhausen, a family that exists at this day in the Almanach de Gotha. The instinct of self-preservation, working it may be unconsciously, leads the banker to seek a title.

They entreated that the bills drawn in Philip's name upon Lombardy bankers, and discounted at a heavy rate of interest, by the Fuggers of Antwerp, might be duly provided for at maturity.

And there were the Fuggers at Augsburg who trafficked with emperors: houses with those step-ladder gables, and people with puffed elbows and slashed sleeves and feathers of all colours in those wide hats.

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