Saracco was born at
Bistagno, the
province of Alessandria. After qualifying as an advocate, he entered the
Piedmontese parliament in 1849. He was a supporter of
Cavour. After Cavour died in 1861, Saracco joined the party of
Rattazzi and became under-secretary of state for public works in the Rattazzi cabinet of 1862. In 1864
Sella appointed Saracco as secretary-general of finance, and after being created
senator in 1865, he acquired considerable fame as a financial authority. In 1879, Saracco succeeded in postponing the total abolition of the grist tax, and was throughout a fierce opponent of
Magliani's loose financial administration. Selected as minister of public works by
Depretis in 1887, and by
Crispi in 1893, he worked to mitigate the worst consequences of Depretis's corruptly extravagant policy, and introduced a sounder system of government participation in public works. In November 1898, he was elected president of the senate. ==Prime Minister of Italy==