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Encyclopedia Britannica



MAGLIANI, AGOSTINO (1824-1891)

This article appears in Volume V17, Page 314 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: LUP-MAL
MAGLIANI, AGOSTINO (1824-1891) , 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 (188o) 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 hadrecourse 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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