Towards the latter period of his life, a great part of the time that Cosmo could withdraw from the administration of public affairs, was passed at his seats at Careggi and Caffaggiolo, where he applied himself to the cultivation of his farms, from which he derived no inconsiderable revenue. But his happiest hours were devoted to the study of letters and philosophy, or passed in the company and conversation of learned men. When he retired at intervals to his seat at Careggi, he was generally accompanied by Ficino, where, after having been his protector, he became his pupil in the study of the Platonic philosophy. For his use, Ficino began those laborious translations of the works of Plato and his followers which were afterwards completed and published in the lifetime and by the liberality of Lorenzo. Amongst the letters of Ficino is one from his truly venerable patron, which bespeaks most forcibly the turn of his mind, and his earnest desire of acquiring knowledge, even at his advanced period of life.

“Yesterday,” says he, “I arrived at Careggi—not so much for the purpose of improving my fields as myself. Let me see you, Marsilio, as soon as possible, and forget not to bring with you the book of our favourite Plato, De summo bono, which I presume, according to your promise, you have ere this translated into Latin; for there is no employment to which I so ardently devote myself as to find out the true road to happiness. Come then, and fail not to bring with you the Orphean lyre.” Whatever might be the proficiency of Cosmo in the mysteries of his favourite philosopher, there is reason to believe that he applied those doctrines and precepts which furnished the litigious disputants of the age with a plentiful source of contention, to the purposes of real life and practical improvement. Notwithstanding his active and useful life, he often regretted the hours he had lost. “Midas was not more sparing of his money,” says Ficino,[l] “than Cosmo was of his time.”

The wealth and influence that Cosmo had acquired had long entitled him to rank with the most powerful princes of Italy, with whom he might have formed connections by the intermarriage of his children; but being apprehensive that such measures might give rise to suspicions that he entertained designs inimical to the freedom of the state, he rather chose to increase his interest among the citizens of Florence by the marriage of his children into the most distinguished families of that place. Piero, his eldest son, married Lucretia Tornabuoni, by whom he had two sons—Lorenzo, born on the first day of January, 1448, and Giuliano, born in the year 1453. Piero had also two daughters, Nannina, who married Bernardo Rucellai, and Bianca, who became the wife of Gulielmo de’ Pazzi. Giovanni, the younger son of Cosmo, espoused Cornelia de’ Alessandri, by whom he had a son who died very young. Giovanni himself did not long survive. He died in the year 1461, at forty-two years of age. Living under the shade of paternal authority, his name scarcely occurs in the pages of history; but the records of literature bear testimony that in his disposition and studies he did not derogate from the reputation of that characteristic attachment to men of learning by which his family was invariably distinguished.

Besides his legitimate offspring, Cosmo left also a natural son, Carlo de’ Medici, whom he liberally educated, and who compensated the disadvantages of his birth by the respectability of his life. The manners of the times might be alleged in extenuation of a circumstance apparently inconsistent with the gravity of the character of Cosmo de’ Medici; but Cosmo himself disclaimed such apology, and whilst he acknowledged his youthful indiscretion, made amends to society for the breach of a salutary regulation, by attending to the morals and the welfare of his illegitimate descendant. Under his countenance, Carlo became proposto of Prato, and one of the apostolic notaries; and as his general residence was at Rome, he was frequently resorted to by his father and brothers for his advice and assistance in procuring ancient manuscripts and other valuable remains of antiquity.

An Italian Captain, Fifteenth Century

The death of Giovanni de’ Medici, on whom Cosmo had placed his chief expectations, and the weak state of health that Piero experienced, which rendered him unfit for the exertions of public life in so turbulent a place as Florence, raised great apprehensions in Cosmo that at his decease the splendour of his family would close. These reflections embittered the repose of his latter days. A short time before his death, being carried through the apartments of his palace, after having recently lost his son, he exclaimed with a sigh, “This is too great a house for so small a family.” These apprehensions were in some degree realised by the infirmities under which Piero laboured during the few years in which he held the direction of the republic; but the talents of Lorenzo soon dispelled this temporary gloom, and exalted his family to a degree of reputation and splendour, of which it is probable that Cosmo himself had scarcely formed an idea.[d]

While Cosmo de’ Medici thus fixed the public attention by his private life, Neri Capponi gained the suffrages of the people by his public conduct. Charged, as ambassador, with every difficult negotiation—in war, with every hazardous enterprise—he participated in all the brilliant successes of the Florentines, as well during the domination of the Albizzi as during that of the Medici. From the year 1434 to 1455, in which Neri Capponi died, these two chiefs of the republic had six times assembled the parliament to make a balia; and, availing themselves of its authority, which was above the law, they obtained the exile of all their enemies, and filled the balloting purses of the magistracy with the names of their own partisans, to the exclusion of all others. It appears that all the efforts of their administration were directed towards calming the passions of the public, and maintaining peace without, as well as repose within, the state. They had, in fact, succeeded in preventing Florence from being troubled with new factions, or engaged in new wars; but they drew on the republic all the evils attending an aristocratic government. Medici and Capponi had not been able to find men who would sacrifice the liberties of their country without allowing them to gratify their baser passions. These two heads of the republic, therefore, suffered their subordinate agents to divide among themselves all the little governments of the subject cities, and every lucrative employment; and these men, not satisfied with this first injustice, made unequal partitions of the taxes, increasing them on the poor, lowering them on the rich, and exempting themselves. At last they began to sell their protection, as well with respect to the tribunals as the councils; favour silenced justice; and, in the midst of peace and apparent prosperity, the Florentines felt their republic, undermined by secret corruption, hastening to ruin.

[1455-1464 A.D.]

When Neri Capponi died, the council refused to call a new parliament to replace the balia, whose power expired on the 1st of July, 1455. It was the aristocracy itself, comprehending all the creatures of Cosmo de’ Medici, that, from jealousy of his domination, wished to return to the dominion of the laws. The whole republic was rejoiced, as if liberty had been regained. The election of the signoria was again made fairly by lot—the catasto was revised, the contributions were again equitably apportioned, the tribunals ceased to listen to the recommendations of those who, till then, had made a traffic of retributive justice. The aristocracy, seeing that clients no longer flocked to their houses with hands full, began to perceive that their jealousy of Cosmo de’ Medici had only injured themselves. Cosmo, with his immense fortune, was just as much respected as before; the people were intoxicated with joy to find themselves again free; but the aristocracy felt themselves weak and abandoned. They endeavoured to convoke a parliament without Cosmo; but he baffled their efforts, the longer to enjoy their humiliation. He began to fear, however, that the Florentines might once more acquire a taste for liberty; and when Lucas Pitti, rich, powerful, and bold, was named gonfalonier, in July, 1458, he agreed with him to reimpose the yoke on the Florentines. Pitti assembled the parliament; but not till he had filled all the avenues of the public square with soldiers or armed peasants. The people, menaced and trembling within this circle, consented to name a new balia, more violent and tyrannical than any of the preceding. It was composed of 352 persons, to whom was delegated all the power of the republic. They exiled a great number of the citizens who had shown the most attachment to liberty, and they even put some to death.[e]