Authors, Latin -- Biography; Cicero, Marcus Tullius; Statesmen -- Rome -- Biography
Noble Romans also--noble as they were, and infinitely superior to the
little cares of trade--were accustomed to traffic very largely in usury.
We shall have a terrible example of such baseness on the part of
Brutus--that Brutus whom we have been taught to regard as almost on a
par with Cato in purity. To lend money to citizens, or more profitably
to allied States and cities, at enormous rates of interest, was the
ordinary resource of a Roman nobleman in quest of revenue. The allied
city, when absolutely eaten to the bone by one noble Roman, who had
plundered it as Proconsul or Governor, would escape from its immediate
embarrassment by borrowing money from another noble Roman, who would
then grind its very bones in exacting his interest and his principal.
Cicero, in the most perfect of his works--the treatise De Officiis, an
essay in which he instructs his son as to the way in which a man should
endeavor to live so as to be a gentleman--inveighs both against trade
and usury. When he tells us that they are to be accounted mean who buy
in order that they may sell, we, with our later lights, do not quite
agree with him, although he founds his assertion on an idea which is too
often supported by the world's practice, namely, that men cannot do a
retail business profitably without lying.[79] The doctrine, however, has
always been common that retail trade is not compatible with noble
bearing, and was practised by all Romans who aspired to be considered
among the upper classes. That other and certainly baser means of making
money by usury was, however, only too common. Crassus, the noted rich
man of Rome in Cæsar's day, who was one of the first Triumvirate, and
who perished ignominiously in Parthia, was known to have gathered much
of his wealth by such means. But against this Cicero is as staunchly
severe as against shopkeeping. "First of all," he says, "these profits
are despicable which incur the hatred of men, such as those of gatherers
of custom and lenders of money on usury."[80]
Public-domain text, read in full here on John Shaqi.
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