Ducat was an immigrant from County Dublin, Ireland, where he was born in Kingstown on February 24, 1830.
In 1581, the Loredan family suffered financial difficulties and sold it for 50,000 ducats to Julius, Duke of Brunswick-Lüneburg, who had deep affection for Venice.
The Cabildo approved his request and named a commission headed by the mayor Alonso Díaz Moreno and alderman Lorenzo Martínez, who gahtered 50 ducats of 8 Spanish reals to pay Saavedra's salary for a year.
After the failure of the 1358 operations, Orhan came to Scutari (modern Üsküdar) on the Asiatic shore of the Bosporus for talks and agreed to pay 30,000 ducats as a ransom.