At Athens, the more favorable point of view prevailed throughout
all the historical times,—the march of industry and commerce, under
the mitigated law which prevailed subsequently to Solon, had been
sufficient to bring it about at a very early period, and to suppress
all public antipathy against lenders at interest.[193] We may remark,
too, that this more equitable tone of opinion grew up spontaneously,
without any legal restriction on the rate of interest,—no such
restriction having ever been imposed, and the rate being expressly
declared free by a law ascribed to Solon himself.[194] The same may
probably be said of the communities of Greece generally,—at least
there is no information to make us suppose the contrary. But the
feeling against lending money at interest remained in the bosoms of
the philosophical men long after it had ceased to form a part of the
practical morality of the citizens, and long after it had ceased to
be justified by the appearances of the case as at first it really had
been. Plato, Aristotle, Cicero,[195] and Plutarch, treat the practice
as a branch of that commercial and money-getting spirit which they
are anxious to discourage; and one consequence of this was, that
they were less disposed to contend strenuously for the inviolability
of existing money-contracts. The conservative feeling on this
point was stronger among the mass than among the philosophers.
Plato even complains of it as inconveniently preponderant,[196]
and as arresting the legislator in all comprehensive projects of
reform. For the most part, indeed, schemes of cancelling debts and
redividing lands were never thought of except by men of desperate
and selfish ambition, who made them stepping-stones to despotic
power. Such men were denounced alike by the practical sense of the
community and by the speculative thinkers; but when we turn to the
case of the Spartan king Agis the Third, who proposed a complete
extinction of debts and an equal redivision of the landed property
of the state, not with any selfish or personal views, but upon pure
ideas of patriotism, well or ill understood, and for the purpose
of renovating the lost ascendency of Sparta,—we find Plutarch[197]
expressing the most unqualified admiration of this young king and
his projects, and treating the opposition made to him as originating
in no better feelings than meanness and cupidity. The philosophical
thinkers on politics conceived—and to a great degree justly, as I
shall show hereafter—that the conditions of security, in the ancient
world, imposed upon the citizens generally the absolute necessity
of keeping up a military spirit and willingness to brave at all
times personal hardship and discomfort; so that increase of wealth,
on account of the habits of self-indulgence which it commonly
introduces, was regarded by them with more or less of disfavor. If
in their estimation any Grecian community had become corrupt, they
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