Until 1929, the Vatican was largely funded through "Peter's pence" collected from the faithful. After that year, it received much of its income from investments made by the banker Bernadino Nogara in
This book examines the development of Italian Fascism, and surveys the themes and issues of the movement. Beginning with the emergence of the united Italian state, sources go on to cover the political
This is a pioneering study of the finances and financiers of the Vatican between 1850 and 1950. Dr Pollard, a leading historian of the modern papacy, shows how until 1929 the papacy was largely funded by 'Peter's Pence' collected from the faithful, and from the residue the Vatican made its first capitalistic investments, especially in the ill-fated Banco di Roma. After 1929, the Vatican received much of its income from the investments made by the banker Bernadino Nogara in world markets and commercial enterprises. This process of coming to terms with capitalism was arguably in conflict both with Church law and Catholic social teaching and becoming a major financial power led the Vatican into conflict with the Allies during the Second World War. In broader terms, the ways in which the papacy financed itself helped shape the overall development of the modern papacy.
This is a study of relations between the Vatican and the Fascist regime in Italy in the most troubled and crucial phase of their relationship, the period 1929–32. It is the first time that any historian, either in Italy or elsewhere, has carried out a detailed and comprehensive study of the conflicts between the Vatican and Italian Fascism in these years; nor has there been any detailed analysis of the causes and the consequences of the crisis of 1931. As well as considering the various causes of conflict in this period, the author sets out what he believes to be the long-term consequences of the 1931 crisis, and in so doing challenges a number of previously accepted interpretations.