Yet he will not give to improper people, nor at wrong times, and so on: because he would not then be acting in accordance with Liberality, and if he spent upon such objects, would have nothing to spend on those on which he ought: for, as I have said before, he is Liberal who spends in proportion to his means, and on proper objects, while he who does so in excess is prodigal (this is the reason why we never call despots prodigal, because it does not seem to be easy for them by their gifts and expenditure to go beyond their immense possessions). To sum up then. Since Liberality is a mean state in respect of the giving and receiving of wealth, the Liberal man will give and spend on proper objects, and in proper proportion, in great things and in small alike, and all this with pleasure to himself; also he will receive from right sources, and in right proportion: because, as the virtue is a mean state in respect of both, he will do both as he ought, and, in fact, upon proper giving follows the correspondent receiving, while that which is not such is contrary to it. (Now those which follow one another come to co-exist in the same person, those which are contraries plainly do not.) Again, should it happen to him to spend money beyond what is needful, or otherwise than is well, he will be vexed, but only moderately and as he ought; for feeling pleasure and pain at right objects, and in right manner, is a property of Virtue. The Liberal man is also a good man to have for a partner in respect of wealth: for he can easily be wronged, since he values not wealth, and is more vexed at not spending where he ought to have done so than at spending where he ought not, and he relishes not the maxim of Simonides. Chapter II. But the Prodigal man goes wrong also in these points, for he is neither pleased nor pained at proper objects or in proper manner, which will become more plain as we proceed. We have said already that Prodigality and Stinginess are respectively states of excess and defect, and this in two things, giving and receiving (expenditure of course we class under giving). Well now, Prodigality exceeds in giving and forbearing to receive and is deficient in receiving, while Stinginess is deficient in giving and exceeds in receiving, but it is in small things.