COSMO DE, was born in the year 1389, and was in the prime of life, at the death of his father Giovanni. His conduct was distinguished for urbanity and kindness to the superior ranks of his fellow-citizens, and by a constant attention to the wants of the lower classes, whom his munificence abundantly relieved. His prudence and moderation, however, could not repress the ambitious designs of the rival families, the Florentines and Medici; for in 1433, Rinaldo de Albizi, at the head of a formidable party, carried the appointment of the magistracy. On returning from his country seat he was seized upon by his adversaries, and committed to prison. The conspirators not agreeing as to the proper method of dispatching their prisoner, one Peruzzi recommended poison, which was heard by Cosmo, who refused to take any other sustenance than a small portion of bread. In this dismal situation he remained four days, shut up from all his kindred and friends, where he soon expected to be numbered with the dead. But the man employed to take him off, unexpectedly proved his friend. Malavolta, the keeper of the prison, relented, and declared that he had no just reason to be alarmed, as he hesitated not to eat of every thing that was brought him.
His brother Lorenzo, and his cousin Averardo, raised a considerable body of men in Romagna and other districts; and being joined by the commander of the republican forces, they marched to Florence to relieve him. A decree was obtained from the magistracy, by which he was banished to Padua for ten years, his brother to Venice for five, and several of their relations shared a similar fate. Padua was in the dominions of Venice, and he received a deputation from the senate before he reached it, promising him their protection and assistance in whatever he should desire. He rather experienced the treatment of a prince than of an exile, as they entertained the highest expectations from his great commercial knowledge. From this period his life may be considered as one continued scene of uninterrupted prosperity, and his family received education equal to that of the greatest potentates. In his public and private charities he was almost unbounded, and perhaps possessed more wealth than any single individual in Europe at that period. In his promotion of science and encouragement of learned men he was truly exemplary, and from this source he acquired the greatest honour and esteem.
His fostering hand protected the arts as well as the sciences; and architecture, sculpture, and painting, all flourished under his powerful protection. The countenance he showed to these arts was not such as their professors generally receive from the great; for the sums of money which he expended on pictures, statues, and public buildings, appear almost incredible. When he approached the period of his mortal existence, his faculties were still unimpaired; and 20 days before he died, he requested Ficino to translate from the Greek the treatise of Xenocrates on death. He died on the 1st of August 1464, at the age of 75, and gave strict injunctions, that his funeral should be conducted with as much privacy as possible. By public decree he was honoured with the title of Pater Patriae, an appellation which was inscribed on his tomb, and was declared by competent judges, to be founded in real merit.