MONEY THAT IS REFUSED.
The Pope still refuses to accept the yearly stipend which the Italian Government is ready to pay him. Ever since the conquest of Rome by the Italian troops of the king an annual income of £120,000 is yearly laid aside for the Pontiff ex Maximus by the Government, which the former promptly refuses to accept. Thus for 28 years this sum has been accumulating, and to-day over £4,000,000. without the accruing interest, may be drawn by the head of the Cat-hol e Church. The reason for the obstinacy of Leo XIII. and his predecessor, Pius IX., in accepting this salary lies in the fact that the Holy Fathers would by such an act acknowledge the sovereignty of another over that portion of Italy where the Popes have he etofore reigned supreme. This money is apparently net needed. Pius IX. enriched the papal coffers with a-legacy of £2.000.000. and it is said that Leo XIII. has undoubtedly- doubled this capital. The Papal Chair has absolutely- no liabilities.
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https://paperspast.natlib.govt.nz/periodicals/NZGRAP19000609.2.13
Bibliographic details
New Zealand Graphic, Volume XXIV, Issue XXIII, 9 June 1900, Page 1064
Word Count
170MONEY THAT IS REFUSED. New Zealand Graphic, Volume XXIV, Issue XXIII, 9 June 1900, Page 1064
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