of the situation were developed is perhaps even now not fully realised. The Roman financier could secure a tribute upon tribute by lending to a subject city or State the money demanded of it by the government, and charge as much interest on the loan as the borrowers could well pay. We know that the notoriously conscientious Brutus, of sacred memory, thus lent, or backed a friend who lent, money to tribute-payers at 48 per cent., or at least demanded 48 per cent. on his loans, and sought to use the power of the executive to extort the usury.[177]
All this, we are to remember, went on without any furtherance of total domestic wealth-production. When corn-growing fell off, irrecoverably depressed by the unearned import from the richer soils of tributary provinces, there was a transference, partly economic, partly luxurious, of agricultural labour to vine-and olive-culture, and a wholesale turning of arable land to pasture. Some export of wine and olives followed, though the rich Romans tended to drink the wines of Greece. But Italy had ceased to be self-supporting. The produce she imported was far in excess of her power of export;[178] so that in sheer factitiousness the revenue of Rome is without parallel in history. Modern England, which has grown rich by burning up its coal in manufacture or selling it outright, but in the process has acquired a share in the national and municipal debts of all other countries—England is stable in comparison. While it lasts, the coal educes manufactures, which also earn imports and constitute loans. So with the recent exploitation of German iron; though in that case there has been much of sheer national waste in the wholesale export of iron at "dumping" prices in times of trade depression. But the history of Rome was a progressive paralysis of Italian production; and the one way in which the administration can be said to have counteracted the process—as apart from the spontaneous resort to vine-and olive-culture and to slave manufactures—was by forcing more-or-less unprofitable mining for gold and silver wherever any could be got, thus giving what stimulus can be given to demand by the mere placing of fresh bullion on the market. Roman civilisation was thus irrevocably directed to an illusory end, with inevitably fatal results. Bullion had come to standfor public wealth, and wars were made for mines as well as for tribute, Spain in particular being prized for her mining resources. As a necessary sequence, therefore, copper money was ousted by silver (B.C. 269), and silver finally, after a long transition period, by gold, about the time of Severus.[179] The silver had been repeatedly debased when the treasury was in difficulties;[180] and in the later days of the Empire it seems to have been base beyond all historic parallel,[181] though a large revenue was extorted till the end. Between revenue and tax-farming profits and the yield of the mines, the Roman moneyed class must indeed have spent a good deal, so long as the tributaries were not exhausted. But their economic demand was mainly for—(a) foods, spices, wines, cloths, gems, marbles, and wares produced by the more prosperous provinces; (b) expensive forms of food, fish, and fowl, raised chiefly on the estates run by their own class; (c) some wares of home production; and (d) services[182] from artists, architects, master craftsmen, slaves, mimes, parasites, and meretrices, whose economic demand in turn would as far as possible go in the same directions.
As for the mass of the town people, slave or free, which ought on common-sense principles to have been employed either in industry or on the land, it was by a series of hand-to-mouth measures on the part of the government, and by the operation of ordinary self-interest on the part of the rich class, made age by age more unproductive industrially and more worthless politically. Despite such a reform as the Licinian law of 367 B.C.,[183] which for a time seems to have restored a yeoman class to the State and greatly developed its fighting power, the forces of outside competition and of capitalism gradually ousted the yeomen cultivators all over Italy, leaving the land mainly in the hands of the patricians and financiers of the city, who exploited it either by slave labour or by grinding down the former cultivators as tenants. Even on this footing, a certain amount of industry would be forced on the towns. But not only was that also largely in the hands of slave-masters, with the result that demotic life everywhere was kept on the lowest possible plane: the emperors gradually adopted on humane grounds a policy which demoralised nearly all that was left of sound citizenship.
As of old, monarchy in the hands of the more rational and conscientious men tended to seek for the mass of the people some protection as against the upper class; and the taxes and customs laid on by Augustus, to the disgust of the Senate, were an effort in this direction. But this was rather negative than positive protection, and the effort inevitably went further. In the last rally of what may be termed conscientious aristocratic republicanism, such as it was, we find Caius Gracchus, as tribune, helping the plebs by causing grain to be sold at a half or a fourth of its market value—an expedient pathetically expressive of the hopeless distance that then lay between public spirit and social science. Both of the Gracchi sought by violent legal measures to wring the appropriated public lands from the hands of the rich, with the inevitable result of raising against themselves a host of powerful enemies. The needed change could not be so effected. But even if it had been, it could not have endured. The Greek advisers of Tiberius Gracchus, Blossius of Cumæ and Diophanes of Mitylene,[184] looked solely to redistribution, taking for granted the permanence of slavery, the deadliest of all inequalities. The one way, if there were any, in which the people could be saved was by a raising of their social status; and that was impossible without an arrest of slavery and a cessation of extorted tribute. But no Roman thinker save the Gracchi and their predecessors and imitators seems ever to have dreamt of the former, and no one contemplated the latter remedy. Least of all were the Roman ruling class likely to think of either; and though Tiberius Gracchus did avowedly seek to substitute free for slave labour,[185] and wrought to that end; and though Caius Gracchus did in his time of power employ a large amount of free labour on public works, one such effort counted for nothing against the normal attitude of the patriciate. In order to fight the Senate he had to conciliate the publicani and money-lenders as well as the populace, and the reforms of the two brothers came to nothing.[186]
There is no record that in the contracts between the treasury and the companies of publicani any stipulation was ever made as to their employing free labour, or in any way considering the special needs of the populations among whom they acted.[187] Thus a mere cheapening of bread could do nothing to aid free labour as against capitalism using slaves. On the contrary, such aids would tend irresistibly to multiply the host of idlers and broken men who flocked to Rome from all its provinces, on the trail of the plunder. Industrial life in Rome was for most of them impossible, even were they that way inclined;[188] and the unceasing inward flow would have been a constant source of public danger had the multitude not been somehow pacified. The method of free or subsidised distribution of grain,[189] however, was so easy a way of keeping Rome quiet, in the period of rapidly spreading conquest and mounting tribute, that in spite of the resistance of the moneyed classes[190] it was adhered to. Sulla naturally checked the practice, but still it was revived; and Cæsar, after his triumph in Africa, found the incredible number of 320,000 citizens in receipt of regular doles of cheapened or gratis corn. He in turn, though he had been concerned in extending it,[191] took strong measures to check the corrosion, reducing the roll to 150,000;[192] but even that was in effect a confession that the problem was past solution by the policy, so
