of keeping it and making payments, and in this case it was called
_depositum_; the argentarius then paid no interest, and the money was
called _vacua pecunia_. Or the money was deposited on condition of
the argentarius paying interest; in this case the money was called
_creditum_. A payment made through a banker was called _per mensam_,
_de mensa_, or _per mensae scripturam_, while a payment made by the
debtor in person was a payment _ex arca_ or _de domo_. An argentarius
never paid away any person’s money without being either authorised by
him in person or receiving a cheque which was called _perscriptio_.
The argentarii kept accurate accounts in books called _codices_,
_tabulae_, or _rationes_, and there is every reason for believing
that they were acquainted with what is called in book-keeping double
entry. When a party found to be in debt paid what he owed, he had
his name effaced (_nomen expedire_ or _expungere_) from the banker’s
books. 3. Their connection with commerce and public auctions. In
private sales and purchases, they sometimes acted as agents for
either party (_interpretes_), and sometimes they undertook to sell
the whole estate of a person, as an inheritance. At public auctions
they were almost invariably present, registering the articles sold,
their prices, and purchasers, and receiving the payment from the
purchasers. 4. The testing of the genuineness of coins (_probatio
nummorum_). This, however, seems originally to have been a part of
the duty of public officers, the mensarii or nummularii, until in
the course of time the opinion of an argentarius also came to be
looked upon as decisive. 5. The _solidorum venditio_, that is, the
obligation of purchasing from the mint the newly coined money, and
circulating it among the people. This branch of their functions
occurs only under the empire. The argentarii formed a collegium,
divided into _societates_ or corporations, which alone had the right
to admit new members of their guild. None but freemen could become
members of such a corporation. It has already been observed that the
argentarii had their shops round the forum: hence to become bankrupt
was expressed by _foro cedere_, or _abire_, or _foro mergi_.
Public-domain text, read in full here on John Shaqi.
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