"VITATRANOVULAESTOLIM."
He says he is not certain as to one or two letters. I suspect the first O should be Q, and the V should be I. It will then read:
"Vita tranquila est olim."
"Life is henceforth tranquil."
A very proper motto for a fire-side.
The second is Italian:
"VE DAL AM DARO."
I suspect the R should be T. It will then read:
"Ve da'l amico dato."
"Given to you by the friend."