Agostino Magliani
Encyclopedia
Agostino Magliani Italian
financier, was a native of Lanzino, near Salerno
.
He studied at Naples, and a book on the philosophy of law based on Liberal principles won for him a post in the Neapolitan treasury. He entered the Italian Senate in 1871, and had already secured a reputation as a financial expert before his Questione monetaria appeared in 1874.
In December 1877 he became minister of finance in the reconstructed Depretis
ministry, and he subsequently held the same office in three other Liberal cabinets. In his second tenure he carried through (1880) the abolition of the grist tax, to take effect in 1884.
Having to face an increased expenditure without offending the Radical electorate by unpopular taxes, he had recourse to unsound methods of finance, which seriously embarrassed Italian credit for some years after he finally laid down office in 1888. He died in Rome on the 22nd of February 1891. He was one of the founders of the anti-socialistic Adam Smith
Society at Florence.
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Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
financier, was a native of Lanzino, near Salerno
Salerno
Salerno is a city and comune in Campania and is the capital of the province of the same name. It is located on the Gulf of Salerno on the Tyrrhenian Sea....
.
He studied at Naples, and a book on the philosophy of law based on Liberal principles won for him a post in the Neapolitan treasury. He entered the Italian Senate in 1871, and had already secured a reputation as a financial expert before his Questione monetaria appeared in 1874.
In December 1877 he became minister of finance in the reconstructed Depretis
Agostino Depretis
Agostino Depretis was an Italian statesman.-Biography:Depretis was born at Mezzana Corte, near Stradella, in the province of Pavia ....
ministry, and he subsequently held the same office in three other Liberal cabinets. In his second tenure he carried through (1880) the abolition of the grist tax, to take effect in 1884.
Having to face an increased expenditure without offending the Radical electorate by unpopular taxes, he had recourse to unsound methods of finance, which seriously embarrassed Italian credit for some years after he finally laid down office in 1888. He died in Rome on the 22nd of February 1891. He was one of the founders of the anti-socialistic Adam Smith
Adam Smith
Adam Smith was a Scottish social philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations...
Society at Florence.
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