Login/Sign up

World Association of International Studies

PAX, LUX ET VERITAS SINCE 1965
Post on the Pawn Shop/Monte de Piedad
Created by John Eipper on 02/04/20 3:56 AM

Previous posts in this discussion:

Post

on the Pawn Shop/Monte de Piedad (José Ignacio Soler, Venezuela, 02/04/20 3:56 am)

Commenting on Gary Moore's post of February 3rd, John E mentioned a very interesting word in Spanish, the "Monte de Piedad (Pity Mountain?), which bizarrely refers to a pawn shop." Coincidentally I also always wondered where this name came from.

It turns out the name is not bizarre at all. As the name suggests, it came from a religious context, the Italian Monte di Pietà, also called in Spain Montepío. Its remote origin is probably from the Middle Ages in Spain when the Catholic religious order, the Franciscans, founded the Arcas de Limosnas (handout arks/coffers?) to help poorer classes.

The first Monte di Pietà apparently was founded in Italy in the 15th century as another initiative of the same order as a way to fight usury.  Originally they did not charge interest for the money borrowed, but rather guaranteed the loan with some personal articles, clothing, jewelry, etc. The word monte referred to a pile of money and Pietà-Piedad to differentiate it to other commercial montes, giving the religious sense of pity.

In Spain today there are only a few of these places, which eventually in the past century were the origin of the Cajas de Ahorro, very popular and important financial institutions.

By the way, I agree with Paul Preston regarding to the words escampar and forastero in Spanish. They are common and not used rarely, as some WAIS comments have suggested.

JE comments:  Mexico's Nacional Monte de Piedad is the best known and probably the world's biggest.  It was founded in 1774 and has 200 branches throughout the country.  Originally the institution operated as a charity, charging no interest on pledged items, but this business model couldn't last.  Now there is a fixed rate of 4%--still very low by pawning standards.

https://en.wikipedia.org/wiki/Nacional_Monte_de_Piedad

Pawn shops make one think of Dostoevsky's Raskolnikov. In the spirit of Don Camillo and Pito Pérez (see Pat Mears, February 3rd), you can actually "visit" Raskolnikov's house in St Petersburg:

https://www.lonelyplanet.com/russia/st-petersburg/attractions/raskolnikov-house/a/poi-sig/1480380/360547

I believe we've broken fertile ground for a WAIS discussion, "pawning around the world."


SHARE:
Rate this post
Informational value 
Insight 
Fairness 
Reader Ratings (0)
0%
Informational value0%
Insight0%
Fairness0%

Visits: 114

Comments/Replies

Please login/register to reply or comment: Login/Sign up

Trending Now



All Forums with Published Content (44270 posts)

- Unassigned

Culture & Language

American Indians Art Awards Bestiary of Insults Books Conspiracy Theories Culture Ethics Film Food Futurology Gender Issues Humor Intellectuals Jews Language Literature Media Coverage Movies Music Newspapers Numismatics Philosophy Plagiarism Prisons Racial Issues Sports Tattoos Western Civilization World Communications

Economics

Capitalism Economics International Finance World Bank World Economy

Education

Education Hoover Institution Journal Publications Libraries Universities World Bibliography Series

History

Biographies Conspiracies Crime Decline of West German Holocaust Historical Figures History Holocausts Individuals Japanese Holocaust Leaders Learning Biographies Learning History Russian Holocaust Turkish Holocaust

Nations

Afghanistan Africa Albania Algeria Argentina Asia Australia Austria Bangladesh Belgium Belize Bolivia Brazil Canada Central America Chechnya Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark East Europe East Timor Ecuador Egypt El Salvador England Estonia Ethiopia Europe European Union Finland France French Guiana Germany Greece Guatemala Haiti Hungary Iceland India Indonesia Iran (Persia) Iraq Ireland Israel/Palestine Italy Japan Jordan Kenya Korea Kosovo Kuwait Kyrgyzstan Latin America Liberia Libya Mali Mexico Middle East Mongolia Morocco Namibia Nations Compared Netherlands New Zealand Nicaragua Niger Nigeria North America Norway Pacific Islands Pakistan Palestine Paraguay Peru Philippines Poland Polombia Portugal Romania Saudi Arabia Scandinavia Scotland Serbia Singapore Slovakia South Africa South America Southeast Asia Spain Sudan Sweden Switzerland Syria Thailand The Pacific Tunisia Turkey Turkmenistan UK (United Kingdom) Ukraine USA (America) USSR/Russia Uzbekistan Venezuela Vietnam West Europe Yemen Yugoslavia Zaire

Politics

Balkanization Communism Constitutions Democracy Dictators Diplomacy Floism Global Issues Hegemony Homeland Security Human Rights Immigration International Events Law Nationalism NATO Organizations Peace Politics Terrorism United Nations US Elections 2008 US Elections 2012 US Elections 2016 US Elections 2020 Violence War War Crimes Within the US

Religion

Christianity Hinduism Islam Judaism Liberation Theology Religion

Science & Technology

Alcohol Anthropology Automotives Biological Weapons Design and Architecture Drugs Energy Environment Internet Landmines Mathematics Medicine Natural Disasters Psychology Recycling Research Science and Humanities Sexuality Space Technology World Wide Web (Internet)

Travel

Geography Maps Tourism Transportation

WAIS

1-TRIBUTES TO PROFESSOR HILTON 2001 Conference on Globalizations Academic WAR Forums Ask WAIS Experts Benefactors Chairman General News Member Information Member Nomination PAIS Research News Ronald Hilton Quotes Seasonal Messages Tributes to Prof. Hilton Varia Various Topics WAIS WAIS 2006 Conference WAIS Board Members WAIS History WAIS Interviews WAIS NEWS waisworld.org launch WAR Forums on Media & Research Who's Who