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I remember while reading Letters of Credit, Walter Tracy makes a comment that the credit given to Giambattista Palatino as the reason for Zapf naming his typeface Palatino is most likely wrong. Tracy says that Zapf was most likely refering to the city of Palatino, not the calligrapher.
I'm just wondering if what I recall from the book is indeed accurate, and if so, does Tracy's comment hold any water?