WHO WAS PETER WALDO?
In the middle of the 12th century there lived a man by the name of Peter Waldo in the town of Lyons in France. Waldo, whose name has many different variations in historical record keeping, was an extremely wealthy merchant who had made his money by charging obscene amounts of interest from people he lent money to. In the midst of the hustle and bustle of an affluent lifestyle, Waldo had a spiritual epiphany.
Some commentators attribute it to a story he heard in the town square one sunny Sunday morning as he stopped to listen to a jester spinning yarns to a transfixed crowd, others say that during a similar gathering in the town square he happened to see someone drop dead in front of him. Either way, Waldo suddenly realized his spiritual need and immediately went looking for a priest who could help him sort out his spiritual maladies.
The priest quoted Matthew 19:21 to him in which Jesus tells the rich young ruler to sell all that he has and give it to the poor if he would be perfect. Waldo immediately went home and told his wife of his plans to sell everything he had and distribute it to the poor. He then asked her to choose which of his wealth she wanted to keep, the real estate or the personal estate. She ended up keeping the real estate and he ended up taking the cash and, after having set up trust funds for his two little girls, proceeded to distribute his money liberally to the poor until he was nearly destitute and begging for bread. While he was distributing his money Waldo still felt a deep lack in his heart. He longed to be able to read the Bible for himself so he could know, personally, who God was and what He required of him. Now Waldo was wealthy but, as was the case with most of the general population at that time, he was illiterate. What that means is that he couldn’t read and write Greek or Latin and since the Bible was written in Greek and Latin he was hard-pressed to achieve his dreams of reading it for himself. So he went back to the priests and practically begged them to translate the New Testament into the local language for him so he could read the Bible on his own. The priests surprisingly acquiesced and handed him a translated copy of the gospels.