orence alone, but even by many citizens of the
various Italian republics.
During the repast, an innumerable crowd of jesters, mimes, and
trick-players of all sorts, amused the company with their gambols; and
such was the noise produced by trumpets, drums, and other martial
instruments, by the vociferation of the performers and the applause of
the spectators, that no single voice could be heard; and a
contemporary historian compares it to the wild roar of a tempestuous
sea.
SAVINGS-BANKS IN RUSSIA.
Until the year 1825, no kind of savings-bank existed in Russia. The
farmers and peasants, residing for the most part in remote and
scattered habitations, were accustomed to keep their little store of
money in common earthen-pots buried in the ground, whence it was not
unfrequently stolen. It also often happened that, owing to the sudden
illness or death of the owner, the place of concealment was unknown to
any one; thus the savings were lost, and much family trouble and
difficulty arose. In March 1825, a truly patriotic young merchant,
Frederick Hagedom, junior, of Libau, in Courland, perceived the
advantage of savings-banks in other countries of Europe, and the
disadvantages of the system pursued by his poor countrymen. He
resolved, therefore, to institute a savings-bank in Libau. The
patronage of the governor-general was obtained, and one of the
magistrates of the town appointed superintendent: Frederick Hagedom
and two other gentlemen were chosen directors. The public of the town
soon testified their approbation of the good work, by bringing in
their silver rubles and copper kopecks at the appointed hours--namely,
from five to seven every Saturday evening, and at two periods of the
year daily--from the 1st to the 12th of June and December. The
peasants, however, did not display the same alacrity and confidence as
indeed was to be expected. Their kind benefactor perceiving this,
wrote and circulated a short pamphlet in the Lettish language of the
country, explaining the intention, object, and advantages of the new
savings-bank. This convinced the ignorant country-people that their
old way of keeping their money, even if safe, was not profitable. The
pastors of the village churches also took occasion to speak to their
people on the subject, being persuaded, like the benevolent founders
of the savings-bank, that it was a plan which could not fail to
improve the moral and religious character of the peasantry. The
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