Classical literature; Finance, Public -- Greece -- Athens -- Early works to 1800; Revenue -- Greece -- Athens -- Early works to 1800
But with reference to an opposite objection which may present itself
to the mind of some one: what guarantee is there that, along with the
increase in the supply of labourers, there will be a corresponding demand
for their services on the part of contractors? (22) It may be reassuring
to note, first of all, that many of those who have already embarked
on mining operations (23) will be anxious to increase their staff of
labourers by hiring some of these public slaves (remember, they have a
large capital at stake; (24) and again, many of the actual labourers now
engaged are growing old); and secondly, there are many others, Athenians
and foreigners alike, who, though unwilling and indeed incapable
of working physically in the mines, will be glad enough to earn a
livelihood by their wits as superintendents. (25)
(22) Or, "with this influx (multiplying) of labourers there will be a
corresponding increase in the demand for labour on the part of the
lessees."
(23) Or, "got their mining establishments started."
(24) Or, "of course they will, considering the amount of fixed capital
at stake," or, "since they have large resources at their back." I
have adopted Zurborg's stopping of this sentence.
(25) See "Mem." II. viii. 1, for an illustrative case.
Let it be granted, however, that at first a nucleus of twelve hundred
slaves is formed. It is hardly too sanguine a supposition that out of
the profits alone, (26) within five or six years this number may be
increased to at least six thousand. Again, out of that number of six
thousand--supposing each slave to being in an obol a day clear of all
expenses--we get a revenue of sixty talents a year. And supposing twenty
talents out of this sum laid out on the purchase of more slaves, there
will be forty talents left for the state to apply to any other purpose
it may find advisable. By the time the round number (27) of ten thousand
is reached the yearly income will amount to a hundred talents.
(26) "Out of the income so derived."
(27) Or, "full complement."
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