Following the example of the senatorial order, the equestrians also
acquired titles of honor, which depended upon their official rank. From
the time of Hadrian the title _vir eminentissimus_ (most eminent) was the
prerogative of the praetorian prefects. Under Marcus Aurelius appear two
other equestrian titles, _vir perfectissimus_ and _vir egregius_. In the
third century the latter was borne by all the imperial procurators, while
the former was reserved for the higher prefectures (apart from the
praetorian), the chief officials of the treasury and the imperial
secretaries.
*Administration of the finances: (I). The Fiscus.* The most important
branch of the civil administration was that of the public finances, which
merits special consideration. Augustus did not centralize the
administration of the provincial revenues which were at his disposal, but
created a separate treasury or _fiscus_ for each imperial province.
However, he did establish the _aerarium militare_ at Rome for the control
of the revenues destined for the pensioning of veteran troops.
Furthermore, Augustus drew a sharp distinction between the public revenues
which were administered by the princeps in his magisterial capacity, and
the income from his own private property or patrimony. For the expenditure
of the former he acknowledged a strict accountability to the Senate. The
policy of Augustus was followed by Tiberius and Caligula, but under
Claudius a central _fiscus_ was organized at Rome for the administration
of all the public revenues of the princeps. The provincial _fisci_
disappeared, and the military treasury became a department of the
_fiscus_. This new imperial _fiscus_ was under the direction of the _a
rationibus_. From this time the princeps ceased to hold himself
accountable for the expenditure of the public imperial revenues, and the
_fiscus_ assumes an independent position alongside of the old _aerarium_
of the Roman people, which, as we have shown, it ultimately deprived of
all share in the control of the public finances. However, the distinction
between the public and private revenues of the princeps was still
observed, and the _patrimonium_ was independently administered by a
special procurator.