Papal Treasury
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Papal Treasury
The Apostolic Camera ( la, Camera Apostolica), formerly known as the was an office in the Roman Curia. It was the central board of finance in the papal administrative system and at one time was of great importance in the government of the States of the Church and in the administration of justice, led by the Camerlengo of the Holy Roman Church, originally known as ''camerarius (''chamberlain). In 2022, Pope Francis' apostolic constitution ''Praedicate evangelium'' abolished the office as of 5 June. History The office of camerarius (chamberlain) was established by Pope Urban II. Since the middle of the 12th century the Papal chamberlain (') was a regular member of the Curia, entrusted with the financial management of the papal court. At that early period the income of the papal treasury came chiefly from many kinds of censuses, dues, and tributes paid in from the territory subject to the Pope, and from churches and monasteries immediately dependent on him. Cencius Camerarius (l ...
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John XXII
Pope John XXII ( la, Ioannes PP. XXII; 1244 – 4 December 1334), born Jacques Duèze (or d'Euse), was head of the Catholic Church from 7 August 1316 to his death in December 1334. He was the second and longest-reigning Avignon Pope, elected by the Conclave of Cardinals, which was assembled in Lyon through the work of King Louis X's brother Philip, the Count of Poitiers. Like his predecessor, Clement V, Pope John centralized power and income in the Papacy and lived a princely life in Avignon. John excommunicated the enemies of Edward II of England, while warning Edward of a possible reassessment of the papal grant of Ireland. He opposed the political policies of Louis IV of Bavaria as Holy Roman Emperor, which prompted Louis to invade Italy and set up an antipope, Nicholas V. John opposed the Franciscan understanding of the poverty of Christ and his apostles passing multiple papal bulls to enforce his views. This led William of Ockham to write against unlimited papal power. Fol ...
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Avignon Exchange
The Avignon Exchange was one of the first foreign exchange markets in history, established in the ''Comtat Venaissin'' during the Avignon Papacy. The Exchange was composed of the agents (''factores'') of the great Italian banking-houses, who acted as money-changers as well as financial intermediaries between the Apostolic Camera and its debtors and creditors. The most prosperous quarter of the city of Avignon, where the bankers settled, became known simply as the Exchange. According to de Roover, "Avignon can be considered an Italian colony, since the papal bankers were all Italians". Avignon was the first legal body to regulate fiduciary transactions: a statute of Avignon, of 1243, contains a paragraph entitled ''De Litteris Cambii'', "of bills of exchange". Background Unlike most medieval rulers who levied funds from sources of taxation relatively nearby, the papacy's primary source of income was constituted from taxes and tributes collected across Europe. Moreover, the papacy ...
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College Of Cardinals
The College of Cardinals, or more formally the Sacred College of Cardinals, is the body of all cardinals of the Catholic Church. its current membership is , of whom are eligible to vote in a conclave to elect a new pope. Cardinals are appointed by the pope for life. Changes in life expectancy partly account for the increases in the size of the college.Broderick, 1987, p. 13. Since the emergence of the College of Cardinals in the early Middle Ages, the size of the body has historically been limited by popes, ecumenical councils, and even the College itself. The total number of cardinals from 1099 to 1986 has been about 2,900 (excluding possible undocumented 12th-century cardinals and pseudocardinals appointed during the Western Schism by pontiffs now considered to be antipopes, and subject to some other sources of uncertainty), nearly half of whom were created after 1655.Broderick, 1987, p. 11. History The word ''cardinal'' is derived from the Latin ''cardō'', meaning "h ...
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Apostolic Palace
The Apostolic Palace ( la, Palatium Apostolicum; it, Palazzo Apostolico) is the official residence of the pope, the head of the Catholic Church, located in Vatican City. It is also known as the Papal Palace, the Palace of the Vatican and the Vatican Palace. The Vatican itself refers to the building as the Palace of Sixtus V, in honor of Pope Sixtus V, who built most of the present form of the palace. The building contains the papal apartments, various offices of the Catholic Church and the Holy See, private and public chapels, Vatican Museums, and the Vatican Library, including the Sistine Chapel, Raphael Rooms, and Borgia Apartment. The modern tourist can see these last and other parts of the palace, but other parts, such as the Sala Regia (Vatican), Sala Regia (Regal Room) and Cappella Paolina, had long been closed to tourists, though the Sala Regia allowed occasional tourism by 2019. The Scala Regia (Vatican), Scala Regia (Regal Staircase) can be viewed from one end and used ...
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Pius IX
Pope Pius IX ( it, Pio IX, ''Pio Nono''; born Giovanni Maria Mastai Ferretti; 13 May 1792 – 7 February 1878) was head of the Catholic Church from 1846 to 1878, the longest verified papal reign. He was notable for convoking the First Vatican Council in 1868 and for permanently losing control of the Papal States in 1870 to the Kingdom of Italy. Thereafter he refused to leave Vatican City, declaring himself a " prisoner of the Vatican". At the time of his election, he was seen as a champion of liberalism and reform, but the Revolutions of 1848 decisively reversed his policies. Upon the assassination of his Prime Minister Rossi, Pius escaped Rome and excommunicated all participants in the short-lived Roman Republic. After its suppression by the French army and his return in 1850, his policies and doctrinal pronouncements became increasingly conservative, seeking to stem the revolutionary tide. In his 1849 encyclical '' Ubi primum'', he emphasized Mary's role in salvation. In 18 ...
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Exchequer
In the civil service of the United Kingdom, His Majesty’s Exchequer, or just the Exchequer, is the accounting process of central government and the government's ''current account'' (i.e., money held from taxation and other government revenues) in the Consolidated Fund. It can be found used in various financial documents including the latest departmental and agency annual accounts. It was the name of a British government department responsible for the collection and the management of taxes and revenues; of making payments on behalf of the sovereign and auditing official accounts. It also developed a judicial role along with its accountancy responsibilities and tried legal cases relating to revenue. Similar offices were later created in Normandy around 1180, in Scotland around 1200 and in Ireland in 1210. Etymology The Exchequer was named after a table used to perform calculations for taxes and goods in the medieval period. According to the ''Dialogus de Scaccario'' ('Dial ...
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Papal Conclave
A papal conclave is a gathering of the College of Cardinals convened to elect a Bishops in the Catholic Church, bishop of Rome, also known as the pope. Catholics consider the pope to be the Apostolic succession, apostolic successor of Saint Peter and the earthly head of the Catholic Church. Concerns around political interference led to reforms after the Papal election, 1268–1271, interregnum of 1268–1271 and Pope Gregory X's decree during the Second Council of Lyons in 1274 that the Cardinal (Catholic Church), cardinal electors should be locked in seclusion (Latin for 'with a key') and not permitted to leave until a new pope had been elected. Conclaves are now held in the Sistine Chapel of the Apostolic Palace in Vatican City.John Paul II (22 February 1996)''Universi Dominici gregis''. ''Apostolic constitution''. Vatican City: Vatican Publishing House. Since the Apostolic Age, the bishop of Rome, like other bishops, was chosen by the consensus of the clergy and laity of ...
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Papal See
The Holy See ( lat, Sancta Sedes, ; it, Santa Sede ), also called the See of Rome, Petrine See or Apostolic See, is the jurisdiction of the Pope in his role as the bishop of Rome. It includes the apostolic episcopal see of the Diocese of Rome, which has ecclesiastical jurisdiction over the Catholic Church and the sovereign city-state known as the Vatican City. According to Catholic tradition it was founded in the first century by Saints Peter and Paul and, by virtue of Petrine and papal primacy, is the focal point of full communion for Catholic Christians around the world. As a sovereign entity, the Holy See is headquartered in, operates from, and exercises "exclusive dominion" over the independent Vatican City State enclave in Rome, of which the pope is sovereign. The Holy See is administered by the Roman Curia (Latin for "Roman Court"), which is the central government of the Catholic Church. The Roman Curia includes various dicasteries, comparable to ministries and execut ...
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Prelate
A prelate () is a high-ranking member of the Christian clergy who is an ordinary or who ranks in precedence with ordinaries. The word derives from the Latin , the past participle of , which means 'carry before', 'be set above or over' or 'prefer'; hence, a prelate is one set over others. The archetypal prelate is a bishop, whose prelature is his particular church. All other prelates, including the regular prelates such as abbots and major superiors, are based upon this original model of prelacy. Related terminology In a general sense, a "prelate" in the Roman Catholic Church and other Christian churches is a bishop or other ecclesiastical person who possesses ordinary authority of a jurisdiction, i.e., of a diocese or similar jurisdiction, e.g., ordinariates, apostolic vicariates/ exarchates, or territorial abbacies. It equally applies to cardinals, who enjoy a kind of "co-governance" of the church as the most senior ecclesiastical advisers and moral representatives of th ...
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Peter's-pence
Peter's Pence (or ''Denarii Sancti Petri'' and "Alms of St Peter") are donations or payments made directly to the Holy See of the Catholic Church. The practice began under the Saxons in England and spread through Europe. Both before and after the Norman conquest the practice varied by time and place; initially, it was done as a pious contribution, whereas later it was required by various rulers, and collected, more like a tax. Though formally discontinued in England at the time of the Reformation, a post-Reformation payment of uncertain characteristics is seen in some English manors into the 19th century. In 1871, Pope Pius IX formalized the practice of lay members of the church and "other persons of good will" providing financial support to the Roman See. Modern "Peter's Pence" proceeds are used by the Pope for philanthropic works throughout the world and for administrative costs of the Vatican state. Ancient payment (1031–1555) The term Peter's pence, in its Latin form, first ...
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Vatican City
Vatican City (), officially the Vatican City State ( it, Stato della Città del Vaticano; la, Status Civitatis Vaticanae),—' * german: Vatikanstadt, cf. '—' (in Austria: ') * pl, Miasto Watykańskie, cf. '—' * pt, Cidade do Vaticano—' * es, Ciudad del Vaticano—' is an independent city-state, microstate and enclave and exclave, enclave within Rome, Italy. Also known as The Vatican, the state became independent from Italy in 1929 with the Lateran Treaty, and it is a distinct territory under "full ownership, exclusive dominion, and sovereign authority and jurisdiction" of the Holy See, itself a Sovereignty, sovereign entity of international law, which maintains the city state's Temporal power of the Holy See, temporal, Foreign relations of the Holy See, diplomatic, and spiritual Legal status of the Holy See, independence. With an area of and a 2019 population of about 453, it is the smallest state in the world both by area and List of countries and dependencies ...
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