By the time Michael di Lando had subdued the plebeians, the new Signory was drawn, and among those who composed it, were two persons of such base and mean condition, that the desire increased in the minds of the people to be freed from the ignominy into which they had fallen; and when, upon the first of September, the new Signory entered office and the retiring members were still in the palace, the piazza being full of armed men, a tumultuous cry arose from the midst of them, that none of the lowest of the people should hold office among the Signory. The obnoxious two were withdrawn accordingly. The name of one was Il Tira, of the other Baroccio, and in their stead were elected Giorgio Scali and Francesco di Michele. The company of the lowest trade was also dissolved, and its members deprived of office, except Michael di Lando, Lorenzo di Puccio and a few others of better quality. The honors of government were divided into two parts, one of which was assigned to the superior trades, the other to the inferior;except that the latter were to furnish five Signors, and the former only four. The Gonfalonier was to be chosen alternately from each.
The government thus composed, restored peace to the city for the time;but though the republic was rescued from the power of the lowest plebeians, the inferior trades were still more influential than the nobles of the people, who, however, were obliged to submit for the gratification of the trades, of whose favor they wished to deprive the plebeians. The new establishment was supported by all who wished the continued subjugation of those who, under the name of the Guelphic party, had practiced such excessive violence against the citizens. And as among others, thus disposed, were Giorgio Scali, Benedetto Alberti, Salvestro di Medici, and Tommaso Strozzi, these four almost became princes of the city. This state of the public mind strengthened the divisions already commenced between the nobles of the people, and the minor artificers, by the ambition of the Ricci and the Albizzi; from which, as at different times very serious effects arose, and as they will hereafter be frequently mentioned, we shall call the former the popular party, the latter the plebeian. This condition of things continued three years, during which many were exiled and put to death;for the government lived in constant apprehension, knowing that both within and without the city many were dissatisfied with them. Those within, either attempted or were suspected of attempting every day some new project against them; and those without, being under no restraint, were continually, by means of some prince or republic, spreading reports tending to increase the disaffection.
Gianozzo da Salerno was at this time in Bologna. He held a command under Charles of Durazzo, a descendant of the kings of Naples, who, designing to undertake the conquest of the dominions of Queen Giovanna, retained his captain in that city, with the concurrence of Pope Urban, who was at enmity with the queen. Many Florentine emigrants were also at Bologna, in close correspondence with him and Charles. This caused the rulers in Florence to live in continual alarm, and induced them to lend a willing ear to any calumnies against the suspected. While in this disturbed state of feeling, it was disclosed to the government that Gianozzo da Salerno was about to march to Florence with the emigrants, and that great numbers of those within were to rise in arms, and deliver the city to him. Upon this information many were accused, the principal of whom were Piero degli Albizzi and Carlo Strozzi: and after these Cipriano Mangione, Jacopo Sacchetti, Donato Barbadori, Filippo Strozzi, and Giovanni Anselmi, the whole of whom, except Carlo Strozzi who fled, were made prisoners;and the Signory, to prevent any one from taking arms in their favor, appointed Tommaso Strozzi and Benedetto Alberti with a strong armed force, to guard the city. The arrested citizens were examined, and although nothing was elicited against them sufficient to induce the Capitano to find them guilty, their enemies excited the minds of the populace to such a degree of outrageous and overwhelming fury against them, that they were condemned to death, as it were, by force. Nor was the greatness of his family, or his former reputation of any service to Piero degli Albizzi, who had once been, of all the citizens, the man most feared and honored. Some one, either as a friend to render him wise in his prosperity, or an enemy to threaten him with the fickleness of fortune, had upon the occasion of his making a feast for many citizens, sent him a silver bowl full of sweetmeats, among which a large nail was found, and being seen by many present, was taken for a hint to him to fix the wheel of fortune, which, having conveyed him to the top, must if the rotation continued, also bring him to the bottom. This interpretation was verified, first by his ruin, and afterward by his death.