on 28 june 1787, grand master emmanuel de rohan-polduc consolidated the funds of monte di pietà with those of the monte di redenzione, merging them into a single institution known as the monte di pietà e redenzione. this was headed by a knight grand cross as president and a commission of four knights and four maltese people. at this point, the ransom paid for a maltese slave increased to 500 scudi plus additional costs.