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Marco Minghetti

Marco Minghetti
5th Prime Minister of Italy
In office
March 24, 1863 – September 28, 1864
Monarch Victor Emmanuel II
Preceded by Luigi Carlo Farini
Succeeded by Alfonso Ferrero La Marmora
In office
July 10, 1873 – March 25, 1876
Monarch Victor Emmanuel II
Preceded by Giovanni Lanza
Succeeded by Agostino Depretis
Personal details
Born (1818-11-18)November 18, 1818
Bologna
Died December 10, 1886(1886-12-10) (aged 68)
Rome
Political party Historical Right

Marco Minghetti (November 18, 1818 – December 10, 1886) was an Italian economist and statesman.

Biography

Minghetti was born at Bologna, then part of the Papal States.

He signed the petition to the Piedmontese army as captain on the general staff.

Returning to Rome in September 1848, he refused to form a cabinet after the assassination of Pellegrino Rossi (15 November), and spent the next eight years in study and travel. Summoned to Paris by Cavour in 1856 to prepare the memorandum on the Romagna provinces for the Paris congress resolving the Crimean War, he was in 1859 appointed by Cavour secretary-general of the Piedmontese Foreign Office. In the same year he was elected president of the assembly of the Romagna after the rejection of pontifical rule by those provinces, and prepared their annexation to Piedmont.

Appointed Piedmontese minister of the interior, he resigned office shortly after Cavour's death, but was subsequently chosen to be minister of finance by Farini, whom he succeeded as Prime Minister in 1863. With the help of Emilio, marquis Visconti-Venosta he concluded (September 15, 1864) the September Convention with France, whereby Napoleon III agreed to evacuate Rome, and Italy to transfer her capital from Turin to Florence. The convention excited violent opposition at Turin, in consequence of which Minghetti was obliged to resign office. He took little part in public life until 1869, when he accepted the portfolio of agriculture in the Menabrea Cabinet.

Both in and out of office he exercised his influence against an Italo-French alliance and for an immediate advance upon Rome, and in 1870 was sent to London and Vienna by the Franco-Prussian War. In 1873 he overthrew the Lanza-Sella Cabinet and regained the premiership, which, with the portfolio of finance, he held until the fall of the Right from power on March 18, 1876.

During his premiership he inaugurated the rapprochement between Italy, Austria and Germany, and reformed the naval and military administration; and before his ouster he was able, as finance minister, to balance the State budget for the first time since 1860. After the advent of the Left, Minghetti remained for some years in opposition, but towards 1884 joined Depretis in creating the Trasformismo ("Transformation" movement), which

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