The Medici family suffers a great loss with the death of its patriarch Giovanni. When the designated heir Cosimo discovers that his father was poisoned, he decides to put Marco Bello on the assassin's trail.
The war is throwing Florence into chaos. Piero, Cosimo's only son, is eager to fight. Meanwhile, Cosimo manages to "buy" the withdrawal of Milan's troops, thus saving the city, but in the meantime Florence has again fallen into the plague.
Albizzi has managed to foment the citizenry against Cosimo, accusing him of the crime of usury. When Cosimo learns of the situation, he decides to return to Florence. Albizzi then invents a ploy to get Cosimo arrested and held for trial.
From prison, Cosimo asks Contessina to try bribing a member of the Signoria, to buy votes in his favor. Albizzi starts poisoning Cosimo's food through his prison guard. Contessina negotiates exile rather than the death penalty.