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Social life at Rome in the Age of Cicero by W. Warde Fowler
page 54 of 356 (15%)
the age of Cicero; for, as a matter of fact, they were then doing by
far the greatest part of the money-making of the Empire. They were not
indeed always doing it for themselves; they often represented men of
senatorial rank, and acted as their agents in the investment of money
and in securing the returns due. For the senator was not allowed, by
the strict letter of the law, to engage in business which would take
him out of Italy;[98] his services were needed at home, and if indeed
he had performed his proper work with industry and energy he never
could have found time to travel on his own business. At the time of
which we are speaking there were ways in which he could escape
from his duties,--ways only too often used; but many senators did
undoubtedly employ members of the equestrian order to transact their
business abroad, so that it is not untrue to say that the equites
had in their hands almost the whole of the monetary business of the
Empire.

The property qualification may seem to us small enough, but it is of
course no real index to the amount of capital which a wealthy eques
might possess. Nothing is more astonishing in the history of the last
century of the republic than the vast sums of money in the hands of
individuals, and the enormous sums lent and borrowed in private by the
men whose names are familiar to us as statesmen. It is told of Caesar
that as a very young man he owed a sum equivalent to about £280,000;
of Crassus that he had 200 million sesterces invested in land
alone.[99] Cicero, though from time to time in difficulties, always
found it possible to borrow the large sums which he spent on houses,
libraries, etc. These are men of the ordo senatorius; of the equites
proper, the men who dealt rather in lending than borrowing, we have
not such explicit accounts, because they were not in the same degree
before the public. But of Atticus, the type of the best and highest
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