Henri Cernuschi
Encyclopedia
Henri Cernuschi (Enrico Cernuschi in Italian) (1821-02-19, Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

 - 1896-05-11, Menton), was a major French banker, economist and Asian art collector, who started off as an Italian politician in 1848-1850.

He was born of wealthy parents at Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

, and was destined for the legal profession. During his studies he became involved in the revolutionary movement. He played a conspicuous part in the insurrection at Milan in 1848, and also at Rome in 1849, where he had a seat in the National Assembly
National Assembly
National Assembly is either a legislature, or the lower house of a bicameral legislature in some countries. The best known National Assembly, and the first legislature to be known by this title, was that established during the French Revolution in 1789, known as the Assemblée nationale...

. On the collapse of the revolutionary government he was arrested (1850), but managed to escape to France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, where he engaged in commerce and banking, became naturalized, and acquired a large fortune. He took a prominent part in opposing the Socialist movement, and in April 1870, having subscribed a large sum to the funds of a committee formed to combat the Napoleonic plebiscite, had to leave the country.

In September the formation of the Third Republic
French Third Republic
The French Third Republic was the republican government of France from 1870, when the Second French Empire collapsed due to the French defeat in the Franco-Prussian War, to 1940, when France was overrun by Nazi Germany during World War II, resulting in the German and Italian occupations of France...

 enabled Cernuschi to return, but he soon left Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

 to travel in the Far East
Far East
The Far East is an English term mostly describing East Asia and Southeast Asia, with South Asia sometimes also included for economic and cultural reasons.The term came into use in European geopolitical discourse in the 19th century,...

. He returned with a fine art collection that he would constantly expand upon for the remainder of his life. He bequeathed his collection to the city of Paris as well as his private residence at No 7. avenue Valasquez on the edge of Parc Monceau
Parc Monceau
Parc Monceau is a semi-public park situated in the 8th arrondissement of Paris, France, at the junction of Boulevard de Courcelles, Rue de Prony and Rue Georges Berger. At the main entrance is a rotunda. The park covers an area of 8.2 hectares ....

 in the 8th arrondissement to be used as a museum. Open to the public today, the Cernuschi Museum
Musée Cernuschi
The Musée Cernuschi is an Asian art museum located at 7 avenue Vélasquez, near Parc Monceau, in Paris, France, specialising in China, Japan and Korea. Its collection in Asian art is second only to the Musée Guimet in Paris....

 collection includes Chinese
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

 art, funeral statuary, painted 8th-century silks, neolithic terracottas (3rd millennium BC), ancient Persian bronze objects, an Amithaba Buddha
Buddharupa
Buddharūpa is the Sanskrit and Pali term used in Buddhism for statues or models of the Buddha.-Commonalities:...

 from the 8th Century, plus examples of calligraphy
Calligraphy
Calligraphy is a type of visual art. It is often called the art of fancy lettering . A contemporary definition of calligraphic practice is "the art of giving form to signs in an expressive, harmonious and skillful manner"...

.

As a banker, Cernuschi is best known for his publications on financial questions, more especially bimetallism
Bimetallism
In economics, bimetallism is a monetary standard in which the value of the monetary unit is defined as equivalent both to a certain quantity of gold and to a certain quantity of silver; such a system establishes a fixed rate of exchange between the two metals...

. Of the latter he was an ardent champion, and the word itself is commonly supposed to have originated with him - at least in its English form it is first found in his Silver Vindicated (1876). Among his other works may be mentioned: Mécanique de l'échange (1861); Illusion des sociétés cooperatives (1886); Le Bimetallisme en Angleterre (1879); Le Grand Procès de l'Union latine (1884).

He died at Menton
Menton
Menton is a commune in the Alpes-Maritimes department in the Provence-Alpes-Côte d'Azur region in southeastern France.Situated on the French Riviera, along the Franco-Italian border, it is nicknamed la perle de la France ....

in 1896.
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