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Knights of Malta, 1523-1798 by R. Cohen
page 32 of 58 (55%)

2. MORTUARY AND VACANCY.

On the death of a commander all the net revenues from the day of
his death to the following May 1 went to the Treasury: this was the
MORTUARY; the whole revenue of the succeeding year was also sent to
Malta: this was called the VACANCY--£521,470 per annum.

3. PASSAGES.

These were sums paid for admission into the Order, and were especially
heavy for those who wished to enter the Order at an age earlier than
that laid down in the Statutes--£520,324 per annum.

4. SPOILS.

These were the effects of deceased Knights, who were only allowed to
dispose of one-fifth of their property by will, the remainder going to
the Treasury--£524,755.

These made up about five-sixths of the total revenue, the remainder
being small sums accruing from various sources, such as the proceeds
from the timber of the commanderies (which went entirely to the
Council), rents from buildings in Malta, and so forth.

At the height of their prosperity the Knights derived a very
considerable revenue from their galleys, and just as Algiers,
Tunis, or Tripoli throve on piracy, even so the wealth of the
East contributed largely to the splendour of Malta. But during the
seventeenth century various Christian Powers, such as Venice or
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