The Decameron
The Decameron
by Giovanni Boccaccio
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The Decameron: Day 2: Third Tale Summary & Analysis

Summary
Analysis
While everyone is laughing at Rinaldo’s good fortune (and the Lady’s!) Pampinea prepares to tell her tale, which will illustrate how inscrutable fortune’s motives are. She introduces Lamberto, Tebaldo, and Agolante, the sons of a rich Florentine merchant. Their father dies while they are still teenagers, and they quickly waste their inheritance in a “reckless orgy of spending.” To pay their debts, they first pawn and then sell everything they own. Finally, their destitution forces them to emigrate to England. They start moneylending and quickly rebuild their fortune.
Although no one will acknowledge openly the Lady’s luck—because of gendered expectations for female chastity—everyone in the brigata recognizes it. To balance out a tale in which rewards and punishments perhaps seemed to fall too neatly where they were deserved, Pampinea’s tale will illustrate how fortune can overrule the good or bad choices people make. The reckless orgy of spending in which Lamberto, Tebaldo, and Agolante waste their inheritance shows the dangers of immoderation, but their punishment for their recklessness is temporary, and fortune blesses their moneylending business. It’s important to note that they go to England to lend money there, in keeping with the international and marginalized role of moneylenders in medieval Europe—moneylenders were usually outsiders in a community, since charging interest on loans made to one’s friends and neighbors was considered inappropriate if not sinful. This story also betrays a bourgeoise attitude towards money and the upward mobility of the merchant and business classes in medieval Europe: the brothers are sober and business-like while earning their money, but they don’t know how to handle it when they have achieved great wealth.
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Quotes
The brothers return to Florence but send their nephew Alessandro to England to continue running the moneylending business. In Florence, they resume their extravagant lives, paying their expenses with their English moneylending profits. But when civil war divides England, Alessandro loses control of their assets, the income dries up, and the brothers lose their property again. They are thrown into debtors’ prison while their wives and children fall into poverty.
Fortune’s wheel continues to spin for these brothers and their family—Alessandro’s success in England increases their wealth, but an unexpected civil war demolishes it again. The brothers, who didn’t learn from their first experience of spending beyond their means, are once again not only impoverished but thrown into debtors’ prison.
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Several years into the war, Alessandro decides to go home. Not far into his journey, he meets with a large group of travelers, including an Abbot in White and two knights whom he happens to know. They invite him to join their traveling company, as they go with the Abbot to Rome. Because he is so young, the Abbot must ask special permission from the Pope to run a monastery.
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As they travel, the Abbot in White and Alessandro become friendly. The Abbot finds Alessandro to be the most handsome and agreeable person he’s ever met. Alessandro’s history fills the Abbot with pity, and he assures Alessandro that God will restore to him the wealth that fortune has stolen.
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After a few days, they arrive at a small town. Alessandro finds everyone a room at the local inns, but the only space available to him is the Abbot in White’s closet. Having overheard the innkeeper telling Alessandro to sleep in the closet, the Abbot invites him into the bed instead. The Abbot caresses Alessandro intimately, and just as Alessandro starts to worry about the Abbot’s impure sexual desires, he undresses and puts Alessandro’s hand on “his” breasts, revealing that he is a disguised woman.
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Realizing that his beloved friend is a woman, Alessandro quickly embraces her. The Abbot in White stops him because she’s a virgin. She feels that fortune sent Alessandro to her, so she confesses her love and offers herself as his wife. He doesn’t know her identity, but he surmises that she’s rich and noble from the number of people traveling with her, so he quickly agrees. The two exchange vows and rings, then spend the rest of the night sporting in bed. 
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When the group arrives in Rome, the Abbot in White reveals herself to the Pope as the English King’s daughter. She was supposed to secure his blessing for her marriage to the King of Scotland, but she ran away to avoid that marriage. The Scottish king is old, and she worries that being the young bride of an old man is a setup for falling into adultery. In any case, she found her ideal husband in Alessandro (even if he isn’t royalty), and she asks the Pope to officially bless the marriage they contracted secretly.
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Alessandro is delighted to discover that the Abbot in White is a princess, but the two knights with whom they travelled are less pleased. The Pope must intervene to prevent them from killing the couple. The Pope is also surprised—both by the princess’s disguise and by her request—but he nevertheless arranges a splendid wedding ceremony. As a bridegroom, Alessandro is so handsome and fine that he looks more like a prince than a moneylender.
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Alessandro and the former Abbot in White leave Rome and return to Florence, where the lady pays off his uncles’ debts and reestablishes their riches. The couple is honorably received by the King of France before returning to England, where Alessandro is welcomed as a worthy son-in-law and given a noble title. Because of his personal virtues, Alessandro wins over the entire British people, and he later conquers Scotland and is crowned its king. 
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