Sixtus has swiftly restored peace and safety,…
1586 CE
Sixtus has swiftly restored peace and safety, but his extreme measures in dealing with bandits create many enemies.
His financial policies, which are intended to strengthen the church's reserves, include the sale of offices, the creation of new monti (loans), the imposition of new taxes, and the regulation of prices.
Immense sums are spent on his huge building program, including the completion of St. Peter's dome, the rebuilding of the Lateran Palace and the Vatican, revision of street plans, and the general embellishment of Rome that will transform it from a medieval to a Baroque city.
Sixtus' greatness is founded on his achievements in reforming the central administration of the church.
By a bull of 1586, he defines the Sacred College of Cardinals, limiting its number to seventy.