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
The financial activity which centred in the Forum was a consequence, not
merely of the contract-system encouraged by the State and of the
business of the banker and the money-lender, but of the great foreign
trade which supplied the wants and luxuries of Italy and Rome. This was
an import trade concerned partly with the supply of corn for a nation
that could no longer feed itself, partly with the supply of luxuries
from the East and of more necessary products, including instruments of
production, from the West. The Eastern trade touched the Euxine Sea at
Dioscurias, Asia Minor chiefly at Ephesus and Apamea, and Egypt at
Alexandria. It brought Pontic fish, Hellenic wines, the spices and
medicaments of Asia and of the Eastern coast of Africa, and countless
other articles, chiefly of the type which creates the need to which it
ministers. More robust products were supplied by the West through the
trade-routes which came down to Gades, Genua and Aquileia. Hither were
brought slaves, cattle, horses and dogs; linen, canvas and wool; timber
for ships and houses, and raw metal for the manufacture of implements
and works of art. Neither in East nor West was the product brought by
the producer to the consumer. In accordance with the more recent
tendencies of Hellenistic trade, great emporia had grown up in which the
goods were stored, until they were exported by the local dealers or
sought by the wholesale merchant from an Italian port. As the Tyrrhenian
Sea became the radius of the trade of the world, Puteoli became the
greatest staple to which this commerce centred; thence the goods which
were destined for Rome were conveyed to Ostia by water or by land, and
taken by ships which drew no depth of water up the Tiber to the
city.[163] But it must not be supposed that this trade was first
controlled by Romans and Italians when it touched the shores of Italy.
Groups of citizens and allies were to be found in the great staples of
the world, receiving the products as they were brought down from the
interior and supplying the shipping by which they were transferred to
Rome.[164] They were not manufacturers, but intermediaries who reaped a
larger profit from the carrying trade than could be gained by any form
of production in their native land. The Roman and Italian trader was to
be inferior only to the money-lender as a stimulus and a stumbling-block
to the imperial government; he was, like the latter, to be a cause of
annexation and a fire-brand of war, and serves as an almost equal
illustration of the truth that a government which does not control the
operations of capital is likely to become their instrument.[165]
Public-domain text, read in full here on John Shaqi.
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