A History of Rome During the Later Republic and Early PrincipateGreenidge, A. H. J. (Abel Hendy Jones)
History
A History of Rome During the Later Republic and Early Principate
Greenidge, A. H. J. (Abel Hendy Jones)
Rome -- History
special commission to inquire into the outrages.[147] Nor were
complaints limited to Italy; provincial abuses had already called for
drastic remedies. A proof that this was the case is to be found in the
striking fact that on the renewed settlement of Macedonia in 167 it was
actually decreed that the working of the mines in that country, at least
on the extended scale which would have required a system of contract,
should be given up. It was considered dangerous to entrust it to native
companies, and as to the Roman-their mere presence in the country would
mean the surrender of all guarantees of the rule of public law or of the
enjoyment of liberty by the provincials.[148] The State still preferred
the embarrassments of poverty to those of overbearing wealth; its choice
proved its weakness; but even the element of strength displayed in the
surrender might soon be missed, if capital obtained a wider influence
and a more definite political recognition. As things were, these
organisations of capital were but just becoming conscious of their
strength and had by no means reached even the prime of their vigour. The
opening up of the riches of the East were required to develop the
gigantic manhood which should dwarf the petty figure of the agricultural
wealth of Italy.
Had the state-contractors stood alone, or had not they engaged in varied
enterprises for which their official character offered a favourable
point of vantage, the numbers and influence of the individuals who had
embarked their capital in commercial enterprise would have been far
smaller than they actually were. But, in addition to the publican, we
must take account of the business man (_negotiator_) who lent money on
interest or exercised the profession of a banker. Such men had pecuniary
interests which knew no geographical limits, and in all broad questions
of policy were likely to side with the state-contractor.[149] The
money-lender (_fenerator_) represented one of the earliest, most
familiar and most courted forms of Roman enterprise--one whose intrinsic
attractions for the grasping Roman mind had resisted every effort of the
legislature by engaging in its support the wealthiest landowner as well
as the smallest usurer. It is true that a taint clung to the trade--a
taint which was not merely a product of the mistaken economic conception
of the nature of the profits made by the lender, but was the more
immediate outcome of social misery and the fulminations of the
legislature. Cato points to the fact that the Roman law had stamped the
usurer as a greater curse to society than the common thief, and makes
the dishonesty of loans on interest a sufficient ground for declining a
form of investment that was at once safe and profitable.[150] Usury, he
had also maintained, was a form of homicide.[151] But to the majority of
minds this feeling of dishonour had always been purely external and
superficial. The proceedings were not repugnant to the finer sense if
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