Torlonia, Witness to a Century

Daniela Felisini
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Daniela Felisini: University of Rome Tor Vergata

Chapter 7 in Alessandro Torlonia, 2016, pp 193-222 from Palgrave Macmillan

Abstract: Abstract This concluding chapter deals with the hopes and disappointments generated by the long pontificate of Pius IX (1846–1876) and the brief experiment of the Roman Republic of 1849, with Torlonia now in his maturity turning his gaze toward a unified Italy. This takes us to the extended process that led to the end of the Pope’s temporal power, the backdrop for Torlonia’s crucial decision to close the Bank in 1863, here analyzed in depth in its various aspects. The long and active life of Alessandro Torlonia gives us a way of looking both at the transformation of banking activity during the nineteenth century and at the principal events of the Risorgimento and the process of Italian unification, a major change in Europe’s geopolitical landscape; Torlonia was, in effect, the witness to a century.

Keywords: Family Firm; Family Business; Public Debt; Papal Government; Forced Circulation (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-41998-5_7

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DOI: 10.1007/978-3-319-41998-5_7

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