Word: vi
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Dates: during 1980-1989
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DIED. Giovanni Benelli, 61, strongwilled, influential Roman Catholic Cardinal and Archbishop of Florence who was twice a front runner in papal elections; after a heart attack; in Florence. As substitute Secretary of State under his friend, Pope Paul VI, Benelli earned the nickname "the Vatican Kissinger" for his shrewd grasp of international church politics and his tough, managerial style in running the powerful Curia from...
...unusually swift canonization of Kolbe was pushed by John Paul and Pope Paul VI. Both men considered Kolbe to be an exemplar of priestly discipline and self-giving, and of Christian virtue in a century of inhumanity. Saints are usually not proclaimed till at least 50 years after the process begins. Kolbe reached beatification, the next-to-last step, in 1971, as Paul VI became the first Pontiff to perform such a ceremony personally. After beatification, the church must normally document two miracles resulting from prayers to the candidate to intercede with God. John Paul removed the need for that...
...Hormats', retiring Assistant Secretary of State for Economic Affairs, gave him a farewell roast at Washington's Mayflower Hotel. Hormats, at 39, is a grand old man of global negotiating. To send him off they showed pictures from his twelve years in Government: Hormats with Pope Paul VI, Hormats with Jerry Ford, Hormats with Nelson Rockefeller. The evening's message was mellow and misty and it said one thing: Bob Hormats could not do what he has done any place else, and when he's earned a little money he'll be back...
...onetime Italian financier and Vatican financial adviser, he is currently serving a 25-year prison sentence for fraud in connection with the 1974 collapse of New York's Franklin National Bank (see box). Sindona became connected with the Vatican in the mid-1960s and later helped Pope Paul VI divest the church of its holdings in several large companies...
Another question that the Vatican must answer, if only to itself, is: Should the church's own bank be so deeply involved in the rough-and-tumble of high-risk international finance? Pope Paul VI, feeling that the church should not only be poor, but be "seen to be poor," moved in 1969 to adopt a lower financial profile by relinquishing the church's controlling interests in Italian companies and shifting to investments outside Italy. Through the Ambrosiano scandal, Marcinkus has clearly raised the church's profile...