While conversing, Pierre and Narcisse had reached the Piazza of St. Peter’s, and they sat down at one of the little tables skirting the pavement outside the restaurant where they had lunched once before. The linen was none too clean, but the view was splendid. The Basilica rose up in front of them, and the Vatican on the right, above the majestic curve of the colonnade. Just as the waiter was bringing the hors-d’oeuvre, some finocchio* and anchovies, the young priest, who had fixed his eyes on the Vatican, raised an exclamation to attract Narcisse’s attention: “Look, my friend, at that window, which I am told is the Holy Father’s. Can’t you distinguish a pale figure standing there, quite motionless?”
* Fennel-root, eaten raw, a favourite “appetiser” in Rome during
the spring and autumn.—Trans.
The young man began to laugh. “Oh! well,” said he, “it must be the Holy Father in person. You are so anxious to see him that your very anxiety conjures him into your presence.”
“But I assure you,” repeated Pierre, “that he is over there behind the window-pane. There is a white figure looking this way.”
Narcisse, who was very hungry, began to eat whilst still indulging in banter. All at once, however, he exclaimed: “Well, my dear Abbe, as the Pope is looking at us, this is the moment to speak of him. I promised to tell you how he sunk several millions of St. Peter’s Patrimony in the frightful financial crisis of which you have just seen the ruins; and, indeed, your visit to the new district of the castle fields would not be complete without this story by way of appendix.”
Thereupon, without losing a mouthful, Narcisse spoke at considerable length. At the death of Pius IX the Patrimony of St. Peter, it seemed, had exceeded twenty millions of francs. Cardinal Antonelli, who speculated, and whose ventures were usually successful, had for a long time left a part of this money with the Rothschilds and a part in the hands of different nuncios, who turned it to profit abroad. After Antonelli’s death, however, his successor, Cardinal Simeoni, withdrew the money from the nuncios to invest it at Rome; and Leo XIII on his accession entrusted the administration of the Patrimony to a commission of cardinals, of which Monsignor Folchi was appointed secretary. This prelate, who for twelve years played such an important role, was the son of an employee of the Dataria, who, thanks to skilful financial operations, had left a fortune of a million francs. Monsignor Folchi inherited his father’s cleverness, and revealed himself to be a financier of the first rank in such wise that the commission gradually relinquished its powers to him, letting him act exactly as he pleased and contenting itself with approving the reports which he laid before it at each meeting. The Patrimony, however, yielded scarcely more than a million francs per annum, and, as the expenditure amounted to seven millions, six had to be found. Accordingly, from that other source of income, the Peter’s Pence, the Pope annually gave three million francs to Monsignor Folchi, who, by skilful speculations and investments, was able to double them every year, and thus provide for all disbursements without ever breaking into the capital of the Patrimony. In the earlier times he realised considerable profit by gambling in land in and about Rome. He took shares also in many new enterprises, speculated in mills, omnibuses, and water-services, without mentioning all the gambling in which he participated with the Banca di Roma, a Catholic institution. Wonderstruck by his skill, the Pope, who, on his own side, had hitherto speculated through the medium of a confidential employee named Sterbini, dismissed the latter, and entrusted Monsignor Folchi with the duty of turning his money to profit in the same way as he turned that of the Holy See. This was the climax of the prelate’s favour, the apogee of his power. Bad days were dawning, things were tottering already, and the great collapse was soon to come, sudden and swift like lightning. One of Leo XIII’s practices was to lend large sums to the Roman princes who, seized with the gambling frenzy, and mixed up in land and building speculations, were at a loss for money. To guarantee the Pope’s advances they deposited shares with him, and thus, when the downfall came, he was left with heaps of worthless paper on his hands. Then another disastrous affair was an attempt to found a house of credit in Paris in view of working off the shares which could not be disposed of in Italy among the French aristocracy and religious people. To egg these on it was said that the Pope was interested in the venture; and the worst was that he dropped three millions of francs in it.* The situation then became the more critical as he had gradually risked all the money he disposed of in the terrible agiotage going on in Rome, tempted thereto by the prospect of huge profits and perhaps indulging in the hope that he might win back by money the city which had been torn from him by force. His own responsibility remained complete, for Monsignor Folchi never made an important venture without consulting him; and he must have been therefore the real artisan of the disaster, mastered by his passion for gain, his desire to endow the Church with a huge capital, that great source of power in modern times. As always happens, however, the prelate was the only victim. He had become imperious and difficult to deal with; and was no longer liked by the cardinals of the commission, who were merely called together to approve such transactions as he chose to entrust to them. So, when the crisis came, a plot was laid; the cardinals terrified the Pope by telling him of all the evil rumours which were current, and then forced Monsignor Folchi to render a full account of his speculations. The situation proved to be very bad; it was no longer possible to avoid heavy losses. And so Monsignor Folchi was disgraced, and since then has vainly solicited an audience of Leo XIII, who has always refused to receive him, as if determined to punish him for their common fault—that passion for lucre which blinded them both. Very pious and submissive, however, Monsignor Folchi has never complained, but has kept his secrets and bowed to fate. Nobody can say exactly how many millions the Patrimony of St. Peter lost when Rome was changed into a gambling-hell, but if some prelates only admit ten, others go as far as thirty. The probability is that the loss was about fifteen millions.**
* The allusion is evidently to the famous Union Generale, on
which the Pope bestowed his apostolic benediction, and with
which M. Zola deals at length in his novel Money. Certainly
a very brilliant idea was embodied in the Union Generale, that
of establishing a great international Catholic bank which
would destroy the Jewish financial autocracy throughout Europe,
and provide both the papacy and the Legitimist cause in several
countries with the sinews of war. But in the battle which
ensued the great Jew financial houses proved the stronger, and
the disaster which overtook the Catholic speculators was a
terrible one.—Trans.
** That is 600,000 pounds.
Whilst Narcisse was giving this account he and Pierre had despatched their cutlets and tomatoes, and the waiter was now serving them some fried chicken. “At the present time,” said Narcisse by way of conclusion, “the gap has been filled up; I told you of the large sums yielded by the Peter’s Pence Fund, the amount of which is only known by the Pope, who alone fixes its employment. And, by the way, he isn’t cured of speculating: I know from a good source that he still gambles, though with more prudence. Moreover, his confidential assistant is still a prelate. And, when all is said, my dear Abbe, he’s in the right: a man must belong to his times—dash it all!”
Pierre had listened with growing surprise, in which terror and sadness mingled. Doubtless such things were natural, even legitimate; yet he, in his dream of a pastor of souls free from all terrestrial cares, had never imagined that they existed. What! the Pope—the spiritual father of the lowly and the suffering—had speculated in land and in stocks and shares! He had gambled, placed funds in the hands of Jew bankers, practised usury, extracted hard interest from money—he, the successor of the Apostle, the Pontiff of Christ, the representative of Jesus, of the Gospel, that divine friend of the poor! And, besides, what a painful contrast: so many millions stored away in those rooms of the Vatican, and so many millions working and fructifying, constantly being diverted from one speculation to another in order that they might yield the more gain; and then down below, near at hand, so much want and misery in those abominable unfinished buildings of the new districts, so many poor folks dying of hunger amidst filth, mothers without milk for their babes, men reduced to idleness by lack of work, old ones at the last gasp like beasts of burden who are pole-axed when they are of no more use! Ah! God of Charity, God of Love, was it possible! The Church doubtless had material wants; she could not live without money; prudence and policy had dictated the thought of gaining for her such a treasure as would enable her to fight her adversaries victoriously. But how grievously this wounded one’s feelings, how it soiled the Church, how she descended from her divine throne to become nothing but a party, a vast international association organised for the purpose of conquering and possessing the world!
And the more Pierre thought of the extraordinary adventure the greater was his astonishment. Could a more unexpected, startling drama be imagined? That Pope shutting himself up in his palace—a prison, no doubt, but one whose hundred windows overlooked immensity; that Pope who, at all hours of the day and night, in every season, could from his window see his capital, the city which had been stolen from him, and the restitution of which he never ceased to demand; that Pope who, day by day, beheld the changes effected in the city—the opening of new streets, the demolition of ancient districts, the sale of land, and the gradual erection of new buildings which ended by forming a white girdle around the old ruddy roofs; that Pope who, in presence of this daily spectacle, this building frenzy, which he could follow from morn till eve, was himself finally overcome by the gambling passion, and, secluded in his closed chamber, began to speculate on the embellishments of his old capital, seeking wealth in the spurt of work and trade brought about by that very Italian Government which he reproached with spoliation; and finally that Pope losing millions in a catastrophe which he ought to have desired, but had been unable to foresee! No, never had dethroned monarch yielded to a stranger idea, compromised himself in a more tragical venture, the result of which fell upon him like divine punishment. And it was no mere king who had done this, but the delegate of God, the man who, in the eyes of idolatrous Christendom, was the living manifestation of the Deity!