[00:00.50]Lesson 14 [00:02.46]A noble gangster [00:09.86]How did Hawkwood make money in times of peace? [00:15.22]There was a time when the owners of shops and businesses in Chicago [00:19.85] had to pay large sums of money to gangsters in return for 'protection'. [00:25.88]If the money was not paid promptly, [00:28.87]the gangsters would quickly put a man out of business by destroying his shop. [00:35.45]Obtaining 'protection money' is not a modern crime. [00:39.63]As long ago as the fourteenth century, [00:42.51]an Englishman, Sir John Hawkwood, [00:45.82] made the remarkable discovery that people would rather pay large sums of money than have their life work destroyed by gangsters. [00:56.04]Six hundred years ago, [00:58.05]Sir John Hawkwood arrived in Italy with a band of soldiers and settled near Florence. [01:05.32]He soon made a name for himself and came to be known to the Italians as Giovanni Acuto. [01:13.43]Whenever the Italian city-states were at war with each other, [01:17.59]Hawkwood used to hire his soldiers to princes who were willing to pay the high price he demanded. [01:24.89]In times of peace, when business was bad, [01:28.32]Hawkwood and his men would march into a city-state, [01:32.23] and after burning down a few farms, would offer to go away if protection money was paid to them. [01:39.82]Hawkwood made large sums of money in this way. [01:44.34]In spite of this, the Italians regarded him as a sort of hero. [01:49.89]When he died at the age of eighty, [01:52.54] the Florentines gave him a state funeral and had a picture painted which was dedicated to the memory of 'the most valiant soldier and most notable leader, Signor Giovanni Haukodue'.