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SARACCO, GIUSEPPE (1821-1907)

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Originally appearing in Volume V24, Page 203 of the 1911 Encyclopedia Britannica.
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SARACCO, GIUSEPPE (1821-1907) , See also:Italian politician and financier, and See also:knight of the Annunziata, was See also:born at Bistagno on the 9th of See also:October 1821, and, after qualifying as an See also:advocate, entered the Piedmontese See also:parliament in 1849. A supporter of See also:Cavour until the latter's See also:death he joined the party of Rattazzi and became under-secretary of See also:state for public See also:works in the Rattazzi See also:cabinet of 1862. In 1864 he was appointed, by See also:Sella, secretary-See also:general of See also:finance, and after being created senator in 1865, acquired considerable fame as a See also:financial authority. In 1879 he succeeded in postponing the See also:total abolition of the grist tax, and was throughout a fierce opponent of See also:Magliani's loose financial See also:administration. Selected as See also:minister of public works by See also:Depretis in 1887, and by See also:Crispi in 1893, he contrived to mitigate the worst consequences of Depretis's corruptly extravagant policy, and introduced a sounder See also:system of See also:government participation in public works. In See also:November 1898 he was elected See also:president of the See also:senate, and in See also:June 1900 succeeded in forming a " Cabinet of pacification after the Obstructionist crisis which had caused the downfall of General See also:Pelloux. His See also:term of See also:office was clouded by the assassination of See also:King See also:Humbert (29th See also:July 1900), and his administration was brought to an end in See also:February 1901 by a See also:vote of the chamber condemning his weak attitude towards a See also:great See also:dock strike at See also:Genoa. After his fall he resumed his functions as president of the senate; but on the See also:advent of the third See also:Giolitti cabinet, he was not reappointed to that position. He died on the 19th of See also:January 1907. He received the supreme See also:honour of the See also:knighthood of the Annunziata from King Humbert in 1898.

End of Article: SARACCO, GIUSEPPE (1821-1907)

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