Early in 1893 a scandal arose in connection with the management of state banks, and particularly of the Banca Romana, whose managing director, Tanlongo, had issued 2,500,000 of duplicate bank-notes.
At the end of July the trial of the persons implicated in the Banca Romana scandal revealed the fact that among the documents abstracted by Giolitti from the papers of the bank manager, Tanlongo, were several bearing upon Crispis political and private life.
Moreover, he irritated public opinion by raising to senatorial rank the director-general of the Banca Romana, Signor Tanlongo, whose irregular practices had become a byword.
The building crisis and the commercial rupture with France had impaired the situation of the state banks, of which one, the Banca Romana, had been further undermined by maladministration.
Giorgio, near the harbour, dating from about 1260, occupied from 1408 to 1797 by the Banca di S.
Of the insolvent Banca Romana.
Nevertheless public confidence in the efficacy of the parliamentary system and in the honesty of politicians was seriously diminished by these unsavoury occurrences, which, in combination with the acquittal of all the defendants in the Banca Romana trial, and the abandonment of the proceedings against Giolitti, reinforced to an alarming degree the propaganda of the revolutionary parties.
Designed by Bernardo Rossellino, and now the Banca d'Italia; the enormous block of the Monte de' Paschi, a bank of considerable wealth and antiquity, enlarged and partly rebuilt in the original style between 1877 and 1881, the old Dogana and Salimbeni palaces; the Palazzo Spannochi, a fine early Renaissance building by Giuliano da Maiano (now the post office); the Loggia di Mercanzia (15th century), now a club, imitating the Loggia dei Lanzi at Florence, with sculptures of the 15th century; the Loggia del Papa, erected by Pius II.; and other fine buildings.
The senate declined to admit Tanlongo, whom Giolitti, in consequence of an interpellation in parliament upon the condition of the Banca Romana, was obliged to arrest and prosecute.