On Revenues by Xenophon
page 12 of 37 (32%)
page 12 of 37 (32%)
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say, a subscription of one mina[21] will put the subscriber in
possession of nearly double that sum,[22] and that, moreover, without setting foot outside Athens, which, as far as human affairs go, is as sound and durable a security as possible. [15] "A good substantial property." [16] Or, "on the other hand, I affirm that the outlay necessary to form the capital for my present project will be more remunerative than any other that can be named." As to the scheme itself see Grote, "Plato," III. ch. xxxix.; Boeckh, op. cit. (pp. 4, 37, 136, 600 seq. Eng. tr.) Cf. Demosth. "de Sym." for another scheme, 354 B.C., which shows the "sound administrative and practical judgment" of the youthful orator as compared with "the benevolent dreams and ample public largess in which Xenophon here indulges." --Grote, op. cit. p. 601. [17] L40:12:4 = 1000 drachmae. [18] I.e. exactly 18 or nearly 20 per cent. The following table will make the arithmetic clear:-- 6 ob. = 1 drachma 10 minae = 6000 ob. 100 dr. = 1 mina = 1000 dr. 600 ob. = 1 mina 1000 dr.:180 dr.::100:18 therefore nearly 1/5 3 ob. (a day) x 360 = 1080 ob. p.a. = nearly 20 per cent. = 180 dr. p.a. As to the 3 obols a day (= 180 dr. p.a.) which as an Athenian citizen he is entitled to, see Grote, op. cit. p. 597: "There will |
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