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Rh was celebrated each year by the brilliant ceremony of " Wedding the Adriatic," by the dropping of a ring into the sea.

The decline of Venice dates from the fifteenth century. The conquests of the Turks during that century deprived her of much of the territory she held east of the Adriatic, and finally the voyage of Vasco da Gama round the Cape of Good Hope (1497–8), showing a new path to India, gave a death-blow to her commerce. From this time forward, the trade of Europe with the East was to be conducted from the Atlantic ports of the continent instead of from those in the Mediterranean.

Genoa.—Genoa, on the western coast of Italy, was the most formidable commercial rival of Venice. The period of her greatest prosperity dates from the recapture of Constantinople from the Latins by the Greeks in 1261; for the Genoese had assisted the Greek princes in the recovery of their throne, and as a reward were shown commercial favors by the Greek emperors.

The jealousy with which the Venetians regarded the prosperity of the Genoese led to oft-renewed war between the two rival republics. For nearly two centuries their hostile fleets contended, as did the navies of Rome and Carthage during the First Punic War, for the supremacy of the sea.

The merchants of Genoa, like those of Venice, reaped a rich harvest during the Crusades. Their prosperity was brought to an end by the irruption of the Mongols and Turks, and the capture of Constantinople by the latter in 1453. The Genoese traders were now driven from the Black Sea, and their traffic with Eastern Asia was completely broken up; for the Venetians had control of the ports of Egypt and Syria and the southern routes to India and the countries beyond—that is, the routes by way of the Euphrates and the Red Sea.

Florence.—Florence, although shut out, by her inland location upon the Arno, from engaging in those naval enterprises that conferred wealth and importance upon the coast cities of Venice and Genoa, became, notwithstanding, through the skill, industry, enterprise, and genius of her citizens, the great manufacturing, financial,