A History of Rome During the Later Republic and Early Principate by A. H. J. (Abel Hendy Jones) Greenidge
page 47 of 712 (06%)
page 47 of 712 (06%)
![]() | ![]() |
|
class. We shall soon see that the companies which were formed for
undertaking the state-contracts probably permitted shares to be held by individuals who never appeared in the registered list of partners at all, and we know that to hold a share in a great public concern was considered one of the methods of business which did not subject the participant to the taint of a vulgar commercialism.[105] And, if the senator chose to indulge more directly in the profits of transmarine commerce, to what extent was he really hindered by the provisions of the law? He might not own a ship of burden, but his freedmen might sail to any port on the largest vessels, and who could object if the returns which the dependant owed his lord were drawn from the profits of commerce? Again there was no prohibition against loans on bottomry, and Cato had increased his wealth by becoming through his freedman a member of a maritime company, each partner in which had but a limited liability and the prospect of enormous gains.[106] The example of this energetic money-getter also illustrates many ways in which the nobleman of business tastes could increase his profits without extending his enterprises far from the capital. It was possible to exploit the growing taste in country villas, in streams and lakes and natural woods; to buy a likely spot for a small price, let it at a good rental, or sell it at a larger price. The ownership of house property within the town, which grew eventually into the monopoly of whole blocks and streets by such a man as Crassus,[107] was in every way consistent with the possession of senatorial rank. It was even possible to be a slave-dealer without loss of dignity, at least if one transacted the sordid details of the business through a slave. The young and promising boy required but a year's training in the arts to enable the careful buyer to make a large profit by his sale.[108] Yet such methods must have been regarded by the nobility as a whole as merely subsidiary means of increasing their patrimony: and, in spite of the fact that Cato took the view that |
|