The historians' history of the world in twenty-five volumes, volume 05 : $b the Roman Republic
History
The historians' history of the world in twenty-five volumes, volume 05 : $b the Roman Republic
World history
The pressure of these conditions plunged the greater part of the poorer
leaseholders heavily in debt. The legal rate of interest was enormously
high, considering the pecuniary shortage that prevailed--so high that it
was welcomed by the plebeians as a great relief when later (probably 357
B.C.) the maximum was reduced to 8⅓ or 10 per cent. In case of failure
to pay the interest on a debt, the accumulated interest was added to the
original debt until the amount owed was increased to an overwhelming
figure. It was a menace to the internal peace of the country that the
creditors of the peasants were usually their patrician neighbours who, as
capitalists, were the only ones in a position to lend. Analogous to the
course pursued in Attica a century before, the Roman manor lords were now
about to make the situation of the plebs one of economic dependence upon
themselves. Hence in Rome, as in Attica, the first attack of the common
people on the patrician classes was made on the ground of the extreme
harshness of the Roman laws governing debt, framed, as they were, by a
race which knew no mercy where its material interests were concerned.
Sometimes the creditor, into whose hands the law gave complete possession
of the person and property of the debtor, left this latter in nominal
control and occupation of his land only to oppress him still further by
demands for rent. To this arrangement the debtor frequently preferred
taking advantage of the _nexum_, or usual form of loan contract under
which he could place himself in bondage to the creditor to serve him as
many years as were required to liquidate the debt, or until the creditor
actually sold him as a slave in a foreign land.
[Illustration: ROMAN PEASANT
(After Racinet)]
It is no wonder that out of conditions so one-sided and oppressive,
the deepest aversion should have arisen among the plebeians against
the patrician rule. There were, indeed, some among the noble families
who sought to establish better and more conciliatory relations between
themselves and the lower people, notably the Valerii and the Horatii; but
for the most part the patricians of those days were characterised by the
harshest egotism and imperiousness. These qualities were particularly
conspicuous in the Sabine Fabii, in the newly settled family of Appius
Claudius,--who later displayed a certain eccentricity in good as well as
evil that belied the usual conservative traits of the aristocracy,--and
in the Quinctii and Manlii, who were the acknowledged supporters of a
sort of iron military discipline to be applied in their relations with
the lower classes. From all this it will be seen that only by a movement
bordering on a general revolution could a new political adjustment be
brought about that would insure an amendment in the social condition of
the plebeians.
[Sidenote: [495-457 B.C.]]
Public-domain text, read in full here on John Shaqi.
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