The San Francisco Call. Newspaper, February 17, 1901, Page 2

THE SUNDAY CALL (] account for & man with an income of four millions. The money that rema! es, after payIng the expenses of tha a number of peo ho bad the o of the Pap revenu s not one in a Holy See, are regularly Invested Bonis budl ide in the lst Leo XIII, : eign bonds and secu r twice there is probably SANTONIO a year Monseignor Mery del 1 . world whose e last e & sum as did , statement Va Pope's confldential agent. or trusted prelate, like Monsignor S but never an Italtan, by e wa a t to London with the available funds and they are deposited in the Bank of land In the name of the Pope clals 4f the bank advise the P » as to the safest and best securities In which to invest the money and it is usually placed . in English and American bonds. S The ther 2 < 2% time ago it was proposed to ' toe ::S?E'::E.:‘ ¢ $ . - T <3 \ American committee, with Cardinal Gip- b2 bons at the head, to recelve money to ba invested in the name of the Pope, an FABRIANG [s} know , the man who al Mocen place it in American securf to the best judgment of its. members, but for some reason the nlan, although it had the approval of the Pope, was never car- ried out. It is stated on the highest authority that since 1888 Leo XIIT has been able to {nvest some years as high as $3.000.000 and that the annual amount so placed » much less than $1,000,000. M of tha money rests in British bonds and securi- ties and the income from them already reaches a very high figure. Owing to the fluctuations of the financial mas American industrial securities, although they pay large dividends, are avold thoge who have the placing of the Pope's money, but a large amount of tha invest- ed funds is in American Governme: bonds, which are in the possession dinal Mocennt Leo XIIT has been somewhat of a dls- appointment to the Roman populace. ey look upon him as avaricious and pe- nurfous, because they wera used to the open handedness and generosity of Plus IX, when he still possessed the Papal states, and thie present Pontiff is very aif- ferent. Very little of Leo XT on his own his present hobby is econ- e ago he greatly ordering church, for he it is who has charge of the investment of the large sums which come and although he has no absolute =2 as to the di noney, the Pope himself, his Secretary of State, final decisions regarding it, all to the papal trea e position of the with the advice o joys the rare distinction of living in the an in order that he may exercise di- rvision over the Pope’s financial affairs While not so0 old & man as the holy al Mocenn! is advanced 1 somewhat feeble: father, Card n years and is physically His apartments are on the top floor of the Vatica: med r those occupled by Cardinal Rampolia, which in turn are directly over the rooms occupled by the Pope. It is not easy for a man approach- ing 80 years of age to climb up stalrs, o k possession of his apart- r the Vatican Cardinal Mocenn! bed an American elevator erected in the St. Damaso and by its means he reaches his rooms with a mintmum of ef- tely ov the first elevator ever erected the Vatican, and is used only by the It is 0 placed direct to its en- s income is ever expended by him u person—in fa omy, and only a short tim astonished his chief garden »al Mocenni is one of the most ralsed ar Cardinals that all the prod pts were increased total unt which passed through $4500.000. The greater D s income is “Peter's pence this amounts to creased 1 e greatly year was respon- ‘or a great increase in the tota Ap- the Pope’s income last ¢ ofterings to this fu have been introduced. The salaries relates have 175.000 prelates ha duced, the'pumber of Vat greatly diminished, and tb for schools and colleges in Rome latter purpese Leo XT es dnd have been at their own of St. Ansel Leo XIII has ng more mor death, and it is estimated that the close gent fund of at least 0.~ mense fortune is care ded in sav- y than Plus IX left at his ly year the con See amounted t 000,000, This 1 fully protected against any claim that might be ad ed by the fami £ the Pope after his death. This is necessary, for at the death of‘a pope it is customary for his nearest blood relations to take pos- jon of all articles of value found in apartments. Another factor is the lian Government, which is said to ready to lay hands upon whatever pontif fcal property it can, even as it did upon the property of the religious orders, The Pope has, however, a personal for- tune which is derived from the gifts pre- ed per lly to him by his admirers. additions to his private income are made by the sale of all cious articles which ac mulate from time to time. In 1889, when Léo XIII celebrated his episcopal jubilee, many thousand dot lars’ worth of jeweiry and other precious articles were presented to him and shown to the public at an exhibition in the Vat- t church ve: s, chalices, monstrances, pixes and of silver and gold bave r the Pope lost me to him when he Now a special every Catholic purpose, the t to Rome by each visit ad limina. fons are thus collected every year, een said, the amount this iy pre- the time of hi 1shop es has b past year was greater than in vious year of Leo XIII's reign a gifts esented to pe for per use by the people ers of the globe to whom e audlence. The income is generally considered of the Pope, and it \ the occasfon of jubi- he therefore formed a commission of Car- dinals, to which he entrusted the adminis- {n- tration of all the possessions of the Holy large item and is See. At the head of this commission he ¥ the result of wise investments Placed Cardinals Mocenni and Rampolla, e relgn of the present Pope, His 8nd, with their co-operation, he started sor, Plus IX, sccumu- 8new in the work of saving money and us of the papal reve- ities for the benefit of fcan. the magni m sacred vesse gince found the! way to poor churches and convents, but the numerous articles of The dafly expenses of the Holy Ses jewelry and loose gems have been dis- amount, a8 shown by the statement above, posed of by Monsignor Marzolini, the to about $300). This includes the per- pope's confidential secretary, at private eonal expenses of the Pope, the rles of the Cardinals residing in the support of the r tions abroad, the rur The proceeds of these sales went-to increase the private fund of the Holy i expenses of ths Father. It was formerly his custom to Vatican and the charities distributed keep his personal money hidden fn a every year by the Pope in Rome and ‘woodem box behind the book shelves m throughout Italy. One million doliars a his private study, but not long ago $2,000 year does not seem a very large expenss which he had placed in this box mysteri- mediste prede be last few years of his Investing the surp ¢ about $5,000,000 which he Dues in safe sect his successors. securities to provide for ht arise in the reign of p or more of his successors. | @it ie deteisi el el gt ettt oo defuletefei ettt oo ool oo fufufodelnl wfednimttetetelte el e e @ | 01 disappeared. This led the Poge to oF Bt Chimica 3 70, | @i oo s s oottt i@ - @ S . realize that more modern methods for ths the tsmporal power 1n 150 +- UF' s ' 2 Y - - il s o dmieieieleimleiei@ | care of his money were advisable and a W the c quent diminution | he Holy See, the uncp:\m.!;':r | 1695—England and France at :F s o 'n P' l | Ison 18°8_Blowing up of th | burglar-proot safe, of which he alone e amount of Peters pence and th ; war. o Maine S 5 SENRON e gAY B sovhiy Pioe g e Vat s | 1696—Peter the Great defeats E the persecutions of the Huguenots and in @< foofe s e sfeefefeoilei=ini=@ Was In the tolls of another revolution. In = | installed in his apartments. rmous expenses of the Vatican Coun- | Pledmont the crusade against the Wal- 7 Fre War ¢ | ‘TON v & e b FiRTTuL Cn paete aRsiaat thas i 1759 this storm of unrest swept the French between the | ANTONIO FABRIANO. & which he had to provide board expenses for nearly every in the world, led Pius IX to create | ingent fund for the possible fu- « needs of his successors. 1789-80—French Revolution. capital with revolution. The Bastile was 1782—Commune formed. 1795—France conquers Hol- bigod of Louis. From that time on until long after the land. § century was ended France was In a tur- United States and Spain. Dewey at Manila. Sampson at Santiago. | S N et A small boy was ready to -start on a long-promised week's visit to his grand- father's in the country, says Harper's stormed on Jul{,“. ulll'lld the people invaded ersaliles 1697—TFrench take Barcelona. began with 1600, k the palace at s, howling for tha In America the Colonles had unseated 1700—War of Spanish suoces- Governor Edmund Andros. In New York sion. revolution had been started by Jacob Russia, Poland, Den- hanged. Pirates had stripped the coast of Seisler, for which he was afterward retelefelede ol Ao el det! - moil. ~ Austria and Russi ting de fortunafely, however, the afmi mark and Sweden at Peru of its, gold stores. Napoleon defeats Roy e ot LY Aufir:!::xflxeffimflflfi‘: Surrender of Spanish Magazine. There was an exasperating de- e Rt ang e e R e Two uprisings in Paris. to conquer Tippoo Sahib, and the Swedish 1899—War between the take him to the station. The young man fleet_sent some of the famous vessels of the Russlan navy to the bottom. In 1791 Hayt! was led into_a revolution by L'Ouverture and threw off the French yoke. In the next year Paris adopted the =~ e victorles, and in New York the French dgmor Folc "'«: w m: had and Indians destroyed Schenectady. There anche a8 regards the se- was war In Ireland, ending at_the fall of 2 She. smeniiies i - lialls H T has been remarked as the way of the Limerick, and following it the Principality | 1786—Napoleon begins Ital- ian campaign. p: 1797—Pope forced to terms. United States and Filipinos. 1900—British-Boer war. | worked off his tmpatience in vartous an- | noying ways for half an hour, then sud- denly he was seen to’kneel beside a chai e et e e o centuries to go in blood. This was es- of Baden whipped the Turks at Salanka- Napoleon returns to el et il e ol ool O e ok 2 o L o they ‘were to be Invested. The i men. guiliotine, and the streets were red with ‘War in Philippines. % |In the corner and bury his face in his ney was at first wisely Invested in pecially true of the siventeeiih SAd 715 the nixt faw yasrsionbise shtieds Paris. the biood of the Communists. Then & Allied powers in China. . | hands. After a few minutes his mother in giit- elghteenth centuries, and in the pres- .5 o0 SUE "% WO ‘English and Dutch 179 a a1, most all of Europe entered into a coall b £ 1a cdged securities, but several Itallan poli- | ent one may see on all sides the dlsposi- Husey Dot ohs o The, English and Duteh 9—Napoleon’s campaign {lon against France. At Toulon the Brit- ‘@i sspssssss s e PO A 1 speculators talked Monsignor | tion of the world's poople toward blood. the bottom. American colonies were dis. % in Holy Land. oy £ ey i snc‘hmu:fi?ier‘;w:ns 3 | B s selling them in order to place | ¥OF fifteen years before the close of the. turbed by witches and burned them at :l; France first power of ** thus the way opened to his military Spirit at this end of the ni: “Just getting my prayers sadd up fer into fourth-rate Italian | SY°Rteenth century Europe and Bastern the stake. England attacked the French the world. Sroatness. Koaclusko In 1794 led an oy tury. neteenth cen- | L1ile I'm going to be out to grandpa’s. o Asia were warring, and even in the new pe; ear In the attack. I rising against the armies of Russia. In Bouth Africa the Boers hav There'" hing to do here, and [ 'spect he result was that in less | America there wers unrest and apprehen- . THeN, Poter the Dreat attacked the en- Napoleon made First Prussia_and Austria, but it was lost in compelled to give up the unequal steee | o o o i0E . v ee months the whole 35,000,000 dis- | sion. These years were among the blood- Back with heavy losses. The brief “war Consul. . the mightier campaigns of Napoleon, with gle with Great Britain, but only aftep | 0 D® Pretty busy while T'm there. the financlal crash which |lest in England's history. The insurrec- of Spanish succession followed Rusers . hose deeds the elghteenth century came bota sides have lost heavily in money and allowed Crispl and the Banco Romano. | 10ns and persecutions of the relgn of Poland and Denmark were combined @efeieeiofofeiotets e oA P B of Napoleon R O | Mistress (astounded)—You can't read, This matie Leo XIIT realize the necessi. | J2mes II: the invitation of the common &Salnst ?‘:::;r‘; gt &hfll- Hme, and Peter TPh MBALeanth centbvr Dod Dide one of cause of that coming world wn;P';el:h!he Norah? Good gracious! how did you ev Svinn (he Abikdiieast e | people for Willtam of Orange <0 come anq the Gread el T R Asta, Turkey was at war with Russia, the bloodiest of history, and it has been many men, l00king forward, have "t | learn to cook so well? #lving the administration of the pa- | 110 them: Willlam's war on Louts XIV ,America had wrested her independence and Russia was warring with Sweden. going out in & manner typical of all the ed end foretold. a b~y pal funds into the hands of several highly trusted members of the Roman court, and o ; from the British Government before the The Antl-Orange party in Holland was others. The situation of the Un The situation is less | New Cook—Shure, mum, Of lay It ¢ not n:mf:"l::'- l'”fl“*fl:! zluu"e-mlon- of a eighteenth century was near its closs, but crushed out by Prossia. Geor‘fe TIT of holding territories tha werg-“‘dnlslt)rl“: Bt 't"rff war :Sfl:';rw ?fi::%é’&"“"“ 2"t | bein’ able t' rade th' eook-books.—Braek- n loc: isaftection. In France Europe was in t?u toils of war, as was England was in a madhouse, and England 1898 is suggestive of the trend of the war bhe only sleeping.—Chicago Tnbun’?m . yn Life. 4 - .