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ore of gold ducats which he kept as a reserve fund for the State, and the priceless jewels that were his own private property. Here, too, in oak presses, secured by ingenious contrivances devised expressly for the purpose by Leonardo, were the treasures of gold and silver plate, the salvers and goblets, the dishes and vases of antique shape, in which the Moro took especial pride, and which were only exhibited on festive occasions. Milan was at this time one of the richest states in Italy. The revenue of the duchy, under Lodovico's wise and careful rule, exceeded the sum of 600,000 ducats--that is to say, double the revenue of Naples, and more than six times as much as that of Mantua, and was only surpassed by that of Venice, which amounted to 800,000 ducats; while, according to the same table, the revenue of England in the fifteenth century was calculated at 700,000 ducats, and that of France at 1,000,000 ducats. And here, too, in the Sala del Tesoro, were the jewels belonging to Lodovico, a collection which at this time included some of the most famous gems in the world. A few of these which he pawned to a Venetian merchant in 1495, were valued at 150,000 ducats, and a list, which is still preserved in the Trivulzio library, gives a description of the different jewels which in the troubled times at the close of his reign were pledged to bankers in Rome and Milan.[19] There was the balass ruby, called _El Spigo_ or "the ear of corn," which was valued at the enormous sum of 250,000 ducats; and the jewel of _Il Lupo_, "the wolf," consisting of one large diamond and three choice pearls, which the goldsmiths priced at 120,000 ducats. There was the famous _Puncta_, or diamond arrow, given by Duchess Beatrice's grandfather, Niccolo d'Este, to Francesco Sforza; and the _Caduceus_, a favourite device of the Moro's, wrought in large pearls, each of which was said to be worth 25,000 ducats; while the balass ruby, known as the Marone, often worn as a brooch by Beatrice, was valued at 10,000 ducats. Another balass bore the effigy of Lodovico, and the insignia of the Moraglia, or Mulberry, was composed of emeralds, diamonds, and pearls. This jewel was frequently worn by the Moro himself, at state banquets, as well as the famous Sancy diamond, which had been found on the body of Charles the Bold after the battle of Nancy, and afterwards acquired by Lodovico, whose agents were always in search of precious stones of fine water and rare w
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