harybdis by
saving the debtors without ruining the lenders.[137]
Wonderful figures are given by later writers, such as Plutarch, of the
debts and loans of the great men of this time, and they may stand as
giving us a general impression of private financial recklessness. But
the only authentic information that has come down to us is what
Cicero drops from time to time in his correspondence about his own
affairs,[138] and even this needs much explanation which we are unable
to apply to it. What is certain is that Cicero never had more than a
very moderate income on which he could depend, and that at times he
was hard up for money, especially of course after his exile and the
confiscation of his property; and that on the other hand he never had
any difficulty in getting the sums he needed, and never shows the
smallest real anxiety about his finances. His profession as a
barrister only brought him a return indirectly in the form of an
occasional legacy or gift, since fees were forbidden by a lex Cincia;
his books could hardly have paid him, at least in the form of money;
his inherited property was small, and his Italian villas were not
profitable farms, nor was it the practice to let such country houses,
as we do now, when not occupying them; he declined a provincial
government, the usual source of wealth, and when at last compelled
to undertake one, only realised what was then a paltry sum,--some
L17,500, all of which, while in deposit at Ephesus, was seized by
the Pompeians in the Civil War.[139] Yet even early in life he could
afford the necessary expenses for election to successive magistracies,
and could live in the style demanded of an important public man.
Immediately after his consulship he paid L28,000 for Crassus' house
on the Palatine, and it is here that we first discover how he managed
such financial operations. Here are his own words in a letter to a
friend of December 62 B.C.:[140] "I have bought the house for 3,500
sestertia ... so you may now look on me as so deeply in debt as to be
eager to join a conspiracy if any one would admit me! ... Money is
plentiful at 6 per cent, and the success of my measures (in the
consulship) has caused me to be regarded as a good security."
The simple fact was that Cicero was always regarded as a safe man to
lend money to, by the business men and the great capitalists; partly
because he was an honest man,--a _vir bonus_ who would never dream of
repudiation or bankruptcy;
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