St James of the Marche; St Catherine Laboure; St Joseph Pignatelli, S.J.
by americancatholic.org | Source: americancatholic.org
St James of the Marche
one of the fathers of the modern pawnshop!
James was born in the Marche of Ancona, in central Italy along the Adriatic
Sea. After earning doctorates in canon and civil law at the University of Perugia, he joined the
Friars Minor and began a very austere life. He fasted nine months of the year; he slept three hours
a night. St. Bernardine of Siena told him to moderate his penances.
James studied theology
with St. John of Capistrano. Ordained in 1420, James began a preaching career that took him all over
Italy and through 13 Central and Eastern European countries. This extremely popular preacher
converted many people (250,000 at one estimate) and helped spread devotion to the Holy Name of
Jesus. His sermons prompted numerous Catholics to reform their lives and many men joined the
Franciscans under his influence.
With John of Capistrano, Albert of Sarteano and Bernardine of Siena, James is
considered one of the "four pillars" of the Observant movement among the Franciscans. These friars
became known especially for their preaching.
To combat extremely high interest rates, James established montes pietatis
(literally, mountains of charity) — nonprofit credit organizations that lent money at very low rates
on pawned objects.
Not everyone was happy with the work James did. Twice assassins lost their nerve when they
came face to face with him. James was canonized in 1726.
To read more about the Saint go to:
Other Saints of the day:
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