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ages fifteen and seventy, at 25,000; the population of the city at 90,000, not counting the monastic communities, nor including the strangers, who are estimated at about 15,000. The country districts belonging to Florence add 80,000 to this calculation. It is further noticed that the excess of male births over female was between 300 and 500 yearly in Florence, that from 8,000 to 10,000 boys and girls learned to read; that there were six schools, in which from 10,000 to 12,000 children learned arithmetic; and four high schools, in which from 550 to 600 learned grammar and logic. Then follows a list of the religious houses and churches: among the charitable institutions are reckoned 30 hospitals capable of receiving more than 1,000 sick people. Here too it may be mentioned that Villani reckons the beggars of Florence at 17,000, with the addition of 4,000 paupers and sick persons and religious mendicants.[2] These mendicants were not all Florentines, but received relief from the city charities. The big wool factories are numbered at upwards of two hundred; and it is calculated that from sixty to eighty thousand pieces of cloth were turned out yearly, to the value in all of about 1,200,000 florins. More than 30,000 persons lived by this industry. The _calimala_ factories, where foreign cloths were manufactured into fine materials, numbered about twenty. These imported some 10,000 pieces of cloth yearly, to the value of 300,000 florins. The exchange offices are estimated at about eighty in number. The fortunes made in Florence by trade and by banking were colossal for those days. Villani tells us that the great houses of the Bardi and Peruzzi lent to our King Edward III. more than 1,365,000 golden florins.[3] 'And mark this,' he continues, 'that these moneys were chiefly the property of persons who had given it to them on deposit.' This debt was to have been recovered out of the wool revenues and other income of the English; in fact, the Bardi and Peruzzi had negotiated a national loan, by which they hoped to gain a superb percentage on their capital. The speculation, however, proved unfortunate; and the two houses would have failed, but for their enormous possessions in Tuscany. We hear, for example, of the Bardi buying the villages of Vernia and Mangona in 1337.[4] As it was, their credit received a shock from which it never thoroughly recovered; and a little later on, in 1342, after the ruinous wars with the La Scala fami
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