Collection
Pedro Salaverría
- c. 1881
- Oil on canvas
- 188 x 114 cm
- Cat. P_205
- Comissioned from the artist in 1877
An inscription identifies the sitter as Don Pedro Salaverría y Charitu (Santander, 1821 – Donostia / San Sebastián, 1896), a prominent Spanish politician whose specialisation in economic affairs took him to the Finance Ministry as secretary of state in 1854, and as minister on four different occasions between 1856 and 1876. Between October 1857 and January 1858, he held the Public Works portfolio. He was closely linked to Banco de España, and was its governor from January to October 1877.
Federico de Madrazo’s portrait was not painted during Salaverría’s governorship but a few years later. On the list made by the painter of his own works, the entries for the years 1881 and 1882 include a “full-length portrait of Señor Salavarría for Banco de España (1883) [sic],” for which he is recorded as having been paid 30,000 reales, one of the highest amounts appearing in the inventory. The annotation supports Julián Gállego’s suggestion that the picture was designed in connection with José Gutiérrez de la Vega’s portrait of Ramón de Santillán, with which it coincides in both size and composition. Also, the fact that the work was commissioned after the sitter had held office in the bank helps to explain the presence of the inscription. Although Madrazo’s entry gives the date of 1883, it must have been painted somewhat earlier, as this portrait is already mentioned in bank documentation of 26 October 1881 which refers to the commission as the result of a resolution by the Bank Council. This initiative was probably related to the Marquis of Casa-Jiménez’s proposal for the creation of a gallery of governors’ portraits, starting with the one of Ramón de Santillán. Given the important role Salaverría had played in Spanish economic policy, he would have been the logical choice to continue this iconographic collection.
In 1881, when this portrait was painted, Salaverría turned sixty. He had been retired from public life for several years, largely owing to health problems. He appears with the uniform and insignia of his position. The gold braid with the repeated eye motifs was reserved for the uniforms of figures with high political and administrative responsibilities. Across his torso is the sash of the Order of Charles III, while hanging from his breast is the Grand Cross of the same Order, which also appears on the portraits of numerous other governors like Francisco Santa Cruz, Martín Belda, Antonio Romero Ortiz, Juan Francisco Camacho, Manuel Aguirre and Manuel de Eguilior. Other features reflecting his dignified status are the hat on the table and the staff by his left hand, an object present in earlier portraits of figures of authority in Banco de España and the institutions that preceded it, such as those of the aforementioned Santillán, Larumbe and the Marquis of Tolosa.
Compositionally, the work is related both to the portrait by Gutiérrez de la Vega and to that of the Count of Altamira by Goya. The sitter wears official uniform, is seated next to a table, and has looked up to pose for the painter. Both Salaverría and the Count of Altamira have an arm stretched out on the table next to the papers they have been working with, while Santillán holds a book whose super libris suggests an official character. All of them are compositions which emphasise the “civil” nature of the sitter’s activity, and their rhetoric combines honours with responsibilities. Madrazo had used this compositional formula since at least the 1840s, as seen in his portrait of the Marquis of Miraflores (private collection) of 1843.
The portrait of Salaverría is thus a mature work by a painter with four decades of experience. It retains the qualities that ensured him success, such as descriptive precision – more relaxed and natural than in the painter’s earlier periods – and the use of poses and a gestural language that accentuate his models’ elegance. At the same time, the artist has displayed his full ability to handle and successfully combine a wide range of tones. Banco de España thus offers a very interesting opportunity to study and compare two important works from Madrazo’s career as a portraitist in the same collection. The nearly forty years separating the portrait of the Duke of Osuna from that of Salaverría are seen to have resulted in a more fluent pictorial style.
Salaverría probably did not pose for Madrazo as he appears in the picture. This is suggested by the existence of an oval portrait (Museo del Prado, on long-term loan to Museo de Málaga) that shows only the bust of the sitter, and was very probably used as a reference for the painter to “construct” the full-length portrait. The two works are undeniably related, as both show the figure with the same age and even with the same parted lips. In the case of the bust, the freer and more spontaneous brushwork suggests it is previous to the Banco de España portrait.
Gobernador del Banco de España 1877
Born into a Basque family that had migrated to Santander, he inclined politically towards conservative positions. He began his career in the Administration as a very young man, and rose through all the ranks of the Finance Ministry until he reached the top. He was Minister of Finance on four occasions, and once of Public Works. After a first very short spell as Finance Minister in 1856, he had his second mandate during the Long Government of the Liberal Union (1858-1863) under the presidency of General Leopoldo O’Donnell, when he was able to develop a fiscal policy of his own during a period characterised economically by growth, confident progress and abundant resources from the point of view of the Internal Revenue. Salaverría became “O’Donnell’s financier,” as José Larraz called him, in a cabinet that was one of the most stable of the nineteenth century. From 1863 to 1864, he was vice-governor of Banco de España.
During his third mandate, in the government formed by Alejandro Mon in March 1864 (and which lasted only a few months), Salaverría carried out the monetary reform that established the escudo as the unit of reference in the Spanish system. His last mandate as Finance Minister was during the first Restoration Government under the presidency of Cánovas del Castillo, when Salaverría encountered a critical situation with an Internal Revenue close to bankruptcy. Although he only remained in the post for a year and a half, from December 1874 to June 1876, he was able to present a new budget with its supplementary laws before his resignation, and his objectives and forecasts were generally accomplished in the ensuing years. He resigned because exhaustion and worries had undermined his health. When he recovered, he was appointed governor of Banco de España, a post he held from January to October 1877, and which he also relinquished for health reasons. He then retired from political life, and would never have anything to do with it again. He died many years later, in 1896, in Donostia / San Sebastián.
Other works by Federico de Madrazo y Kuntz