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When the Spanish troops entered Granada on 4 January 1492, the sad destiny of all non-Christians – Jews included – living in the last spot of Muslim Iberia was already certain. Torquemada's [the guy above] influence over the conscience of "los Reyes Catholicos" Isabel and Fernando imposed them the proclamation of the edict of expulsion. The rule was clear in its simplicity: all the Jews living under the Spanish Crown (consequently, also those inhabiting Sicily, Sardinia and the small archipelago of Malta) had to pay all their debts and go away from the kingdom. They couldn't depart secretly or sell their properties, which were to be confiscated by the state. By mid-1492 they were forbidden to carry weapons. It was not surprising that in such circumstances many Jews left Sicily as soon as possible. Not Baruch Levi … Being forbidden to carry gold with him, he spent all his money buying time from the corrupt officials appointed to oversee the departure of a hundred Jews families of Messina. But on 12 January 1493, roughly nine months after the issuance of the royal edict, his time had finally expired. Baruch gathered his family living in the suburb of Saint Philip and left the island of his ancestors, moving north to Calabria and then Apulia. After eleven days the Levis reached Taranto, where Baruch's cousin Aaron settled decades before.
The relation between King Ferrante and his Hebrew subjects had always been idiosyncratic. Sometimes he had to surrender to the evilest impulse of the plebs, ready to blame Abraham's sons of any natural disaster, war or famine that afflicted Naples. Yet, differently from the master line of the dynasty, the Aragonese of Naples had always a desperate need of gold to fund their wars against other Italian potentates: thus, the king could not abandon to the will of the masses some of his best financiers. Like other circumstances, in 1492 Ferrante was able to say "No", displeasing both his Spanish peers and his most fanatic subjects: the Jews were allowed to pass the Straits of Messina and settle in the Kingdom, including the Duchy of Apulia.
The district already had a significant Hebrew minority, particularly active in commerce and small artisanship. For example, Aaron traded massive amounts of grain with Venice and – loyal to the rule of the Deuteronomy "Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury" – didn't reject the opportunity of lending capital to Christians charging an interest as compensation. In such way, he had become one of the most prominent figures in the Jewish community living in Taranto and Duke Raimondo's most favourite counsellor in matter of trading.
Aaron took into service Baruch's twenty years old son, Benjamin. A clever boy, he would one day inherit his employer's business, establishing one of the most profitable trading companies around the Duchy. Benjamin moved his first steps during the mission sent by Duke Raimondo to Venice. Actually, Raimondo had tried in every way to keep preferential trading contacts despite the cold diplomatic phase. By spring 1494 he realised that a closer agreement was needed to achieve a stronger position in such a competitive centre of trade. Raimondo would leverage the Levis' links with the Jewish community of Venice, one of the most prosperous and influential across whole Europe, and thus he chose to appoint Aaron and Baruch as mission leaders. In April they reached Venice, accompanied by their young boy Benjamin and a group of other Apulian merchants. Their meetings with the Venetian authorities were particularly valuable: the visit to the great arsenal revealed the significant advances made by Venice in shipbuilding, whereas the trade agreement contracted on 1st May 1494 with the Most Serene Republic allowed Apulian mercantile companies to trade free of port tolls. The agreement was mutually beneficial, because it gave to the agricultural commodities produced in the Duchy a full access to the greatest Italian marketplace and to Venice a continuous supply of vital resources for the sustenance of its growing population.
The Levis' mercantile company was among the most active traders between Venice and Apulian ports. Agreed exemptions slashed trading costs down to a meagre one thousand ducats per shipment, favouring a massive influx of agents and traders from Apulia into Venice, also helped by the encouraging mercantilist approach of Raimondo's counsellors and the relatively high stability of the Duchy in the middle of a troubled Italian diplomatic scenario – a detail which is notoriously appreciated by dealers. One of the very first decrees passed by Raimondo after the end of the war against Naples, imposing a unified set of measures and coins in the whole Duchy, gave further momentum to the interchange of goods among the various districts of his demesne and to the overall supply of foodstuff for trading purposes. By 1495 at least two Apulian trading companies attended Venetian marketplaces, grown to five by January 1504. By that time commercial turnover started being absolutely attractive: the port of Venice, the biggest in Europe at the dawn of the century, recorded over 200 thousands ducats of shipments, of which 17 thousands ducats represented the gross profits for Apulian trading companies.
Despite the tough competition of both Middle-European and Mediterranean traders, the Levis' and their "followers" managed to become one of the most prominent enterprises in Venice, moving roughly 1/4 of physical goods delivered in the city. Even if negligible with respect to other Jewish merchant bankers' assets, just like the contemporaneous Jacob Fugger, the Levis' fortune commenced at that time, in those nervous but promising first years of what we now name as the Modern Age…
Chapter 6: the Diaspora of Spanish Jews reaches Apulia[/anchor]
When the Spanish troops entered Granada on 4 January 1492, the sad destiny of all non-Christians – Jews included – living in the last spot of Muslim Iberia was already certain. Torquemada's [the guy above] influence over the conscience of "los Reyes Catholicos" Isabel and Fernando imposed them the proclamation of the edict of expulsion. The rule was clear in its simplicity: all the Jews living under the Spanish Crown (consequently, also those inhabiting Sicily, Sardinia and the small archipelago of Malta) had to pay all their debts and go away from the kingdom. They couldn't depart secretly or sell their properties, which were to be confiscated by the state. By mid-1492 they were forbidden to carry weapons. It was not surprising that in such circumstances many Jews left Sicily as soon as possible. Not Baruch Levi … Being forbidden to carry gold with him, he spent all his money buying time from the corrupt officials appointed to oversee the departure of a hundred Jews families of Messina. But on 12 January 1493, roughly nine months after the issuance of the royal edict, his time had finally expired. Baruch gathered his family living in the suburb of Saint Philip and left the island of his ancestors, moving north to Calabria and then Apulia. After eleven days the Levis reached Taranto, where Baruch's cousin Aaron settled decades before.
The relation between King Ferrante and his Hebrew subjects had always been idiosyncratic. Sometimes he had to surrender to the evilest impulse of the plebs, ready to blame Abraham's sons of any natural disaster, war or famine that afflicted Naples. Yet, differently from the master line of the dynasty, the Aragonese of Naples had always a desperate need of gold to fund their wars against other Italian potentates: thus, the king could not abandon to the will of the masses some of his best financiers. Like other circumstances, in 1492 Ferrante was able to say "No", displeasing both his Spanish peers and his most fanatic subjects: the Jews were allowed to pass the Straits of Messina and settle in the Kingdom, including the Duchy of Apulia.
The district already had a significant Hebrew minority, particularly active in commerce and small artisanship. For example, Aaron traded massive amounts of grain with Venice and – loyal to the rule of the Deuteronomy "Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury" – didn't reject the opportunity of lending capital to Christians charging an interest as compensation. In such way, he had become one of the most prominent figures in the Jewish community living in Taranto and Duke Raimondo's most favourite counsellor in matter of trading.
Aaron took into service Baruch's twenty years old son, Benjamin. A clever boy, he would one day inherit his employer's business, establishing one of the most profitable trading companies around the Duchy. Benjamin moved his first steps during the mission sent by Duke Raimondo to Venice. Actually, Raimondo had tried in every way to keep preferential trading contacts despite the cold diplomatic phase. By spring 1494 he realised that a closer agreement was needed to achieve a stronger position in such a competitive centre of trade. Raimondo would leverage the Levis' links with the Jewish community of Venice, one of the most prosperous and influential across whole Europe, and thus he chose to appoint Aaron and Baruch as mission leaders. In April they reached Venice, accompanied by their young boy Benjamin and a group of other Apulian merchants. Their meetings with the Venetian authorities were particularly valuable: the visit to the great arsenal revealed the significant advances made by Venice in shipbuilding, whereas the trade agreement contracted on 1st May 1494 with the Most Serene Republic allowed Apulian mercantile companies to trade free of port tolls. The agreement was mutually beneficial, because it gave to the agricultural commodities produced in the Duchy a full access to the greatest Italian marketplace and to Venice a continuous supply of vital resources for the sustenance of its growing population.
The Levis' mercantile company was among the most active traders between Venice and Apulian ports. Agreed exemptions slashed trading costs down to a meagre one thousand ducats per shipment, favouring a massive influx of agents and traders from Apulia into Venice, also helped by the encouraging mercantilist approach of Raimondo's counsellors and the relatively high stability of the Duchy in the middle of a troubled Italian diplomatic scenario – a detail which is notoriously appreciated by dealers. One of the very first decrees passed by Raimondo after the end of the war against Naples, imposing a unified set of measures and coins in the whole Duchy, gave further momentum to the interchange of goods among the various districts of his demesne and to the overall supply of foodstuff for trading purposes. By 1495 at least two Apulian trading companies attended Venetian marketplaces, grown to five by January 1504. By that time commercial turnover started being absolutely attractive: the port of Venice, the biggest in Europe at the dawn of the century, recorded over 200 thousands ducats of shipments, of which 17 thousands ducats represented the gross profits for Apulian trading companies.
Despite the tough competition of both Middle-European and Mediterranean traders, the Levis' and their "followers" managed to become one of the most prominent enterprises in Venice, moving roughly 1/4 of physical goods delivered in the city. Even if negligible with respect to other Jewish merchant bankers' assets, just like the contemporaneous Jacob Fugger, the Levis' fortune commenced at that time, in those nervous but promising first years of what we now name as the Modern Age…
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