Those conservative feelings were in the subsequent Athenian
democracy peculiarly deep-rooted: the mass of the Athenian people
identified inseparably the maintenance of property, in all its
various shapes, with that of their laws and constitution. And it is
a remarkable fact, that though the admiration entertained at Athens
for Solon, was universal, the principle of his seisachtheia, and
of his money-depreciation, was not only never imitated, but found
the strongest tacit reprobation; whereas at Rome, as well as in
most of the kingdoms of modern Europe, we know that one debasement
of the coin succeeded another,—the temptation, of thus partially
eluding the pressure of financial embarrassments, proved, after one
successful trial, too strong to be resisted, and brought down the
coin by successive depreciations from the full pound of twelve ounces
to the standard of half an ounce. It is of some importance to take
notice of this fact, when we reflect how much “Grecian faith” has
been degraded by the Roman writers into a byword for duplicity in
pecuniary dealings.[198] The democracy of Athens,—and, indeed, the
cities of Greece generally, both oligarchies and democracies,—stands
far above the senate of Rome, and far above the modern kingdoms of
France and England, until comparatively recent times, in respect
of honest dealing with the coinage:[199] moreover, while there
occurred at Rome several political changes which brought about new
tables,[200] or at least a partial depreciation of contracts, no
phenomenon of the same kind ever happened at Athens, during the
three centuries between Solon and the end of the free working of
the democracy. Doubtless there were fraudulent debtors at Athens,
and the administration of private law, though it did not in any way
connive at their proceedings, was far too imperfect to repress them
as effectually as might have been wished. But the public sentiment
on the point was just and decided, and it may be asserted with
confidence, that a loan of money at Athens was quite as secure as
it ever was at any time or place of the ancient world,—in spite
of the great and important superiority of Rome with respect to
the accumulation of a body of authoritative legal precedent, the
source of what was ultimately shaped into the Roman jurisprudence.
Among the various causes of sedition or mischief in the Grecian
communities,[201] we hear little of the pressure of private debt.
[198] “Græcâ fide mercari.” Polybius puts the Greeks greatly
below the Romans in point of veracity and good faith (vi, 56); in
another passage, he speaks not quite so confidently (xviii, 17).
Even the testimony of the Roman writers is sometimes given in
favor of Attic good faith, not against it—“ut semper et in omni
re, quicquid sincerâ fide gereretur, id Romani, _Atticâ fieri_,
prædicarent.” (Velleius Paterc. ii, 23.)
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