
Mihail C. SuÈ›u (February 15, 1841–July 9, 1933), also known as Michel C. Soutzo or Soutzos, was a
Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to ...
n historian, numismatist and central banker.
Life
Born in
Bucharest
Bucharest ( , ; ) is the capital and largest city of Romania. The metropolis stands on the River Dâmbovița (river), Dâmbovița in south-eastern Romania. Its population is officially estimated at 1.76 million residents within a greater Buc ...
as a member of the noble
Soutzos family, he attended the
École Centrale des Arts et Manufactures in Paris, graduating with an engineer's degree in 1864.
Early in his career, he was a civil servant within the
Agriculture and Domains Ministry.
From 1881 to 1891, he was general director of ''
Poșta Română'', and from 1892 to 1894, he was a director at the
National Bank of Romania.
[Ștefan Ștefănescu, Adolf Armbruster, ''Enciclopedia istoriografiei române̦sti'', p. 308. Bucharest: Editura Științifică și Enciclopedică, 1978] Following that, he was an adviser with the Court of Accounts.
From November 1899 to December 1904, he served as
Governor of the National Bank.
[Corneliu Olaru, Vladimir Iovanov, ''Un secol de economie românească, 1848-1947'', p. 266. Bucharest: Editura NEWA T.E.D., 2001, ] As such, he conducted negotiations with the
Finance Ministry that led to a convention that modified the bank's statute and withdrew the government's share from its capital. He supported popular banks and worked to extend the central bank's presence around the country, endowing its branched with suitable buildings.
[Mihail Șutzu]
at the National Bank of Romania site His term coincided with a financial crisis that lasted from 1900 to 1901, and saw him clash with
Prime Minister
A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but r ...
Petre P. Carp about how to help resolve the issue.
[ Ioan G. Bibicescu]
"Domnul M. C. Sutzu la Banca Națională"
in ''Buletinul Societății Numismatice Române'', Nr. 37-40/1921, pp. 5–7 (digitized by the Babeș-Bolyai Universitybr>Transsylvanica Online Library
In 1903, he became the first president of the Romanian Numismatic Society.
Elected a corresponding member of the
Romanian Academy in 1884, he rose to titular status in 1909. From 1914 until his death, Suțu headed the academy's numismatic collection. He conducted systematic and scientific research into coinage, becoming among Southeastern Europe's most prominent experts in the field. He began by building a collection of Greco-Roman coins and antiquities, later commencing research. He studied ancient metrology, in particular the weight systems of Egypt, Chaldea, Asia Minor, Greece and Italy, expressing original perspectives about these topics.
Works
He published studies of the weights used in the Greek colonies of
Histria,
Tomis and
Callatis.
In all, he wrote some forty works on ancient numismatics and metrology. Suțu donated his collection to the academy and the Dobruja Regional Museum.
See also
*
His portrait at the Romanian Wikipedia
References
{{DEFAULTSORT:Sutu, Mihail C.
1841 births
1933 deaths
Governors of the National Bank of Romania
Titular members of the Romanian Academy
Romanian numismatists
20th-century Romanian historians
Engineers from Bucharest
Romanian civil servants
Metrologists
Writers from Bucharest
Mihail