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
they were not made the object of a life-long profession and not
blatantly exhibited to the eyes of the public. A taint clung to the
money-lender who sat in an office in the Forum, and handed his loans or
received his interest over the counter;[152] it was not felt by the
capitalist who stood behind this small dealer, by the nobleman whose
agent lent seed-corn to the neighbouring yeomen, by the investor in the
state-contracts who perhaps hardly realised that his profits represented
but an indirect form of usury. But, whatever restrictions public opinion
may have imposed on the money-lender as a dealer in Rome and with
Romans, such restrictions were not likely to be felt by the man who had
the capital and the enterprise to carry his financial operations beyond
the sea. Not only was he dealing with provincials or foreigners, but he
was dealing on a scale so grand that the magnitude of the business
almost concealed its shame. Cities and kings were now to be the
recipients of loans and, if the lender occupied a political position
that seemed inconsistent with the profession of a usurer, his
personality might be successfully concealed under the name of some local
agent, who was adequately rewarded for the obloquy which he incurred in
the eyes of the native populations, and the embarrassing conflicts with
the Roman government which were sometimes entailed by an excess of zeal.
Cato had swept both principals and agents out of his province of
Sardinia;[153] but he was a man who courted hostility, and he lived
before the age when the enmity of capital would prove the certain ruin
of the governor and a source of probable danger to the senate. In the
operations of the money-lender we find the most universal link between
the Forum and the provinces. There was no country so poor that it might
not be successfully exploited, and indeed exploitation was often
conditioned by simplicity of character, lack of familiarity with the
developed systems of finance, and the lack of thrift which amongst
peoples of low culture is the source of their constant need. The
employment of capital for this purpose was always far in advance of the
limits of Roman dominion. A protectorate might be in the grasp of a
group of private individuals long before it was absorbed into the
empire, the extension of the frontiers was conditioned by considerations
of pecuniary, not of political safety, and the government might at any
moment be forced into a war to protect the interests of capitalists
whom, in its collective capacity as a government, it regarded as the
greatest foes of its dominion.
Public-domain text, read in full here on John Shaqi.
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