Tuesday, June 13, 2017

FIDUCIARY CIRCULATION

The convention ‘The Rise of Modern Banking in Naples’ will be held at the original site of the ancient Banco dei Poveri, which is now the location of the Banco di Napoli Foundation and its imposing Historical Archive: unique in the world, with 300 rooms containing millions of documents, it bears testimony to the daily life of the eight public banks in Naples and the secrets of their administration.
It was in Naples that the first fiduciary circulation was created, thanks to the public banks. These banks, in addition to their orthodox, profit-oriented economic activities, maintained a philanthropic identity for centuries.
The social economic context in which the modern bank was created (The Kingdom of Naples under Spanish rule) and the fusion of the philanthropy of the “monti” and the mercantile aspects of the “banchi”.
The benevolent involvement and power of the viceroys, became the basis for the impetuous development of fiduciary circulation, which from the end of the 1500s connected the use of paper money to the issue of the most modern forms of credit.

Monday, June 12, 2017

LES COLLINES D'ANACAPRI

The Hills of Anacapri is the fifth prelude of Debussy’s first book of preludes.
It was inspired by the town of Anacapri on the island of Capri, off the coast of Italy, which the composer frequently visited.
The prelude is a lively scherzo-like piece, mingled with elements of the tarantella, and interspersed with moments of sublime awe. In the brilliant key of B major, it opens with the clear ringing of isolated tones, like a stunning view on a clear sunlit day, which alternate with lively quasi-tarantella passages.

Thursday, June 1, 2017

A NEAPOLITAN BALLAD

“O sole mio” (“My Sunshine”) was composed by Eduardo Di Capua. Its lyric, comparing a lover’s face with the sun, was written by a poet, Giovanni Capurro. In 1916 the celebrated tenor Enrico Caruso recorded it for a 78rpm single on the Victor label, a version that has been repackaged more than 90 times.
Tony Martin, an American crooner and actor, enjoyed a hit single with an English-language version called “There’s No Tomorrow” in 1950.
Elvis Presley loved Martin’s record. He taped his own version in 1959 while stationed in Germany with the US Army, a performance that went unreleased until 1997. Presley also asked his music publisher to create a new song around the melody, who gave the job to composers Aaron Schroeder and Wally Gold. It took them two hours to complete the lyrics for “It’s Now or Never”, and Presley’s sensitive and elegant 1960 recording became the second biggest-selling single of his career.