The Catholic encyclopedia (Volume 9); an international work of reference on the constitution, doctrine, discipline and history of the Catholic Church . s. In the spring of 1515 the ex-chequer was empty and Leo never after recovered fromhis financial embarrassment. Various doubtful andreprehensible methods were resorted to for raisingmoney. He created new offices and dignities, and themost exalted places were put up for sale. Jubileesand indulgences were degraded almost entirely intofinancial transactions, yet without avail, as the treas-ury was ruined. The popes income amounted to be-tween 500
The Catholic encyclopedia (Volume 9); an international work of reference on the constitution, doctrine, discipline and history of the Catholic Church . s. In the spring of 1515 the ex-chequer was empty and Leo never after recovered fromhis financial embarrassment. Various doubtful andreprehensible methods were resorted to for raisingmoney. He created new offices and dignities, and themost exalted places were put up for sale. Jubileesand indulgences were degraded almost entirely intofinancial transactions, yet without avail, as the treas-ury was ruined. The popes income amounted to be-tween 500,000 and 600,000 ducats. The papal house-hold alone, which Julius II had maintained on 48,000ducats, now cost Ki, ti s;rtt>iiltef0ntm(frr0 about four and a resmartiniTLatbeti etfequatiam. half million ducatsduring his pontifi-cate and left a debtamounting to 400,-000 ducats. On hisunexpected deathhis creditors facedfinancial ruin. Alampoon proclaimedthat Leo X hadconsumed threepontificates; thetreasure of Julius II,the revenues of hisown reign, and thoseof his is proper, how-ever, to pay fullcredit to the goodqualities of Leo. He. Title of the Bull of Leo XCondemning Luther, 15 June, 1520 was highly cultivated, susceptible to all that wasbeautiful, a polished orator and a clever writer,.pos-sessed of good memory and judgment, in mannerdignified and majestic. It was generally acknowl-edged, even by those who were unfriendly towardshim, that he was unfeignedly religious and strictlyfulfilled his spiritual duties. He heard Mass andread his Breviary daily and fasted three times aweek. His piety cannot truly be described as deepor spiritual, out that does not justify the continuedrepetition of his alleged remark: How much weand our family have profited by the legend of Christ,is sufficiently evident to all ages. John Bale, theapostate English Carmelite, the first to give cur-rency to these words in the time of Queen Elizabeth,was not even a contemporary of Leo. Among
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