Social life at Rome in the Age of CiceroFowler, W. Warde (William Warde)
History
Social life at Rome in the Age of Cicero
Fowler, W. Warde (William Warde)
Rome -- Social life and customs
He had staked the mass of his substance on a desperate venture. But
time went on and Ptolemy was not restored, and without the revenues of
his kingdom he of course could not pay his creditors. At last, at the
end of the year 56, Gabinius, then governor of Syria, had pressure
put on him by the creditors--among them perhaps both Caesar and
Pompeius--to march into Egypt without the authority of the senate. He
took Rabirius with him, and, in order to secure the repayment,
the latter was made superintendent (dioikaetaes) of the Egyptian
revenues[147]. Unluckily for him, his wily debtor did after all turn
against him, and he escaped from Egypt with difficulty and with the
loss of all his wealth. When Gabinius was accused de repetundis and
found guilty of accepting enormous sums from Ptolemy, Rabirius was
involved in the same prosecution as having received part of the money;
Cicero defended him, and as it seems with success, on the plea that
equites were not liable to prosecution under the lex Julia. Towards
the end of his speech he drew a clever picture of his unlucky client's
misfortunes, and declared that he would have had to quit the Forum,
i.e. to leave the Stock Exchange in disgrace, if Caesar had not come
to his rescue by placing large sums at his disposal.
What Rabirius did was simply to gamble on a gigantic scale, and get
others to gamble with him. The luck turned against him, and he came
utterly to grief. There seems indeed to have been a perfect passion
for dealing with money in this wild way among the men of wealth and
influence; it was the fancy of the hour, and no disgrace attached to
it if a man could escape ruin. Thus the vast capital accumulated--the
sources of which were almost entirely in the provinces and the
kingdoms on the frontiers--was hardly ever used productively. It never
returned to the region whence it came, to be used in developing
its resources; the idea of using it even in Italy for industrial
undertakings was absent from the mind of the gambler. Those numberless
villas, of which we shall speak in another chapter, were homes of
luxury and magnificence, not centres of agricultural industry. There
are indeed some signs that in this very generation the revival of
Italian agriculture was beginning, and more especially the cultivation
of the olive and the vine; Varro, some twenty years later, could claim
that Italy was the best cultivated country in the world.[148] It may
be that the din of the "insanum forum" and its wild speculation has
prevented our hearing of the quiet efforts in the country to put
capital to a legitimate productive use. But of the social life of the
city the Forum was the heart, and of any prudent or scientific use of
capital the Forum knew hardly anything.
Public-domain text, read in full here on John Shaqi.
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