The Story of Rome from the Earliest Times to the End of the RepublicGilman, Arthur
History
The Story of Rome from the Earliest Times to the End of the Republic
Gilman, Arthur
Rome -- History -- Republic, 510-30 B.C.
The father passed down to his son the story of the oppression of the
patricians, and the son told the same sad narrative to his offspring.
The mother mourned with her daughter over the sufferings brought upon
them by the rich, for whom their poor father and brothers were obliged
to fight the battles while they were not allowed to share the spoil,
nor to divide the lands gained by their own prowess. The struggle was
not so much between patrician and plebeian as between the rich and the
poor. It was intimately connected with the uses of money in those
times. What could the rich Roman do with his accumulations? He might
buy land or slaves, or he might become a lender; to a certain extent he
could use his surplus in commerce; but of these its most remunerative
employment was found in usury. As there were no laws regulating the
rates of interest, they became exorbitant, and, as it was customary to
compound it, debts rapidly grew beyond the possibility of payment. As
the rich made the laws, they naturally exerted their ingenuity to frame
them in such a way as to enable the lender to collect his dues with
promptness, and with little regard for the feelings or interests of the
debtor.
It is difficult, if not impossible, for us to form a proper conception
of the magnitude of the wrongs involved in the system of money-lending
at Rome during the period of the republic. The small farmers were ever
needy, and came to their wealthy neighbors for accommodation loans. If
these were not paid when due, the debtor was liable to be locked up in
prison, to be sold into slavery, with his children, wife, and
grandchildren; and the heartless law reads, that in case the estate
should prove insufficient to satisfy all claims, the creditors were
actually authorized to cut the body to pieces, that each Shylock might
take the pound of flesh that he claimed.
Public-domain text, read in full here on John Shaqi.
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