Greece -- Biography -- Early works to 1800; Rome -- Biography -- Early works to 1800
Cato in his earlier days, being a poor man, and always employed in
service in the field, never complained of any thing that he ate, and
thought it most disgraceful to quarrel with his servant for not having
pleased his palate. Subsequently, however, as he became richer, he
used to invite his friends and colleagues to dinner, and after the
repast was wont to punish with the scourge those servants who had made
mistakes or cooked the food badly. He always endeavoured to establish
some quarrel amongst his slaves, so that they might plot against one
another, instead of combining against himself; and when any of them
appeared to have committed any crime deserving to be punished by
death, the offender was formally tried, and if found guilty, was put
to death in the presence of all his fellow-servants.
As Cato grew more eager to make money, he declared that farming was
more an amusement than a source of income, and preferred investing his
money in remunerative undertakings, such as marshes that required
draining, hot springs, establishments for washing and cleaning
clothes, land which would produce an income by pasturage or by the
sale of wood, and the like, which afforded him a considerable revenue,
and one which, as he said, not Jupiter himself could injure, meaning
that he was not dependent upon the weather for his income, as farmers
are. He also used to deal in marine assurance, which is thought to be
a most dangerous form of investment, which he managed in the following
manner. For the sake of security he made those who wished to borrow
money form themselves into an association of fifty persons,
representing as many ships, and held one share in the undertaking
himself, which was managed by his freedman Quintio, who himself used
to sail in the ships of the association and transact their mercantile
business.
He used to lend money to his slaves, if they desired it. They used
with the money to buy young slaves, teach them a trade at Cato's
expense for a year, and then dispose of them. Many of these Cato
retained in his own service, paying the price offered by the highest
bidder, and deducting from it the original cost of the slave. When
endeavouring to encourage his son to act in a similar manner, he used
to say that it was not the part of a man, but of a lone woman, to
diminish one's capital; and once, with an excessive exaggeration, he
said that the most glorious and godlike man was he who on his death
was found to have earned more than he inherited.
Public-domain text, read in full here on John Shaqi.
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