With the extension of the Roman dominions, the equites lost their
military character. Prolonged service abroad possessed little attraction
for the pick of the Roman youth, and recruiting for the cavalry from the
equestrian centuries was discontinued. The equites remained at home, or
only went out as members of the general's staff, their places being
taken by the _equites equo privato_, the cavalry of the allies and the
most skilled horsemen of the subject populations. The first gradually
disappeared, and Roman citizens were rarely found in the ranks of the
effective cavalry. In these circumstances there grew up in Rome a class
of wealthy men, whose sole occupation it was to amass large fortunes by
speculation, and who found a most lucrative field of enterprise in state
contracts and the farming of the public revenues. These tax-farmers (see
PUBLICANI) were already in existence at the time of the Second Punic
War; and their numbers and influence increased as the various provinces
were added to the Roman dominions. The change of the equites into a body
of financiers was further materially promoted (a) by the lex Claudia
(218 B.C.), which prohibited senators from engaging in commercial
pursuits, especially if (as seems probable) it included public contracts
(cf. FLAMINIUS, GAIUS); (b) by the enactment in the time of Gaius
Gracchus excluding members of the senate from the equestrian centuries.
These two measures definitely marked off the aristocracy of birth from
the aristocracy of wealth--the landed proprietor from the capitalist.
The term equites, originally confined to the purely military equestrian
centuries of Servius Tullius, now came to be applied to all who
possessed the property qualification of 400,000 sesterces.
As the equites practically monopolized the farming of the taxes, they
came to be regarded as identical with the _publicani_, not, as Pliny
remarks, because any particular rank was necessary to obtain the farming
of the taxes, but because such occupation was beyond the reach of all
except those who were possessed of considerable means. Thus, at the time
of the Gracchi, these _equites-publicani_ formed a close financial
corporation of about 30,000 members, holding an intermediate position
between the nobility and the lower classes, keenly alive to their own
interests, and ready to stand by one another when attacked. Although to
some extent looked down upon by the senate as following a dishonourable
occupation, they had as a rule sided with the latter, as being at least
less hostile to them than the democratic party. To obtain the support of
the capitalists, Gaius Gracchus conceived the plan of creating friction
between them and the senate, which he carried out by handing over to
them the control (a) of the jury-courts, and (b) of the revenues of
Asia.
Public-domain text, read in full here on John Shaqi.
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