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mulated till it was quadrupled, after which, no doubt, the security was taken by the creditor. They probably calculated that the capital and compound interest was by then equal in value to the person or object given as a security. *** The creditors protected themselves against this right of redemption by a maledictory formula inserted at the end of the contracts against those who should avail themselves of it; it is generally inscribed on the boundary stones of the First Chaldaean Empire. The small tradesman or free workman, who by some accident had become involved in debt, seldom escaped this progressive impoverishment except by strenuous efforts and incessant labour. Foreign commerce, it is true, entailed considerable risk, but the chances of acquiring wealth were so great that many individuals launched upon it in preference to more sure but less lucrative undertakings. They would set off alone or in companies for Elam or the northern regions, for Syria, or even for so distant a country as Egypt, and they would bring back in their caravans all that was accounted precious in those lands. Overland routes were not free from dangers; not only were nomad tribes and professional bandits constantly hovering round the traveller, and obliging him to exercise ceaseless vigilance, but the inhabitants of the villages through which he passed, the local lords and the kings of the countries which he traversed, had no scruple in levying blackmail upon him in obliging him to pay dearly for right of way through their marches or territory.** There were less risks in choosing a sea route: the Euphrates on one side, the Tigris, the Ulai, and the Uknu on the other, ran through a country peopled with a rich industrial population, among whom Chaldaean merchandise was easily and profitably sold or exchanged for commodities which would command a good price at the end of the voyage. The vessels generally were keleks or "kufas," but the latter were of immense size. * We have no information from Babylonian sources relating to the state of the roads, and the dangers which merchants encountered in foreign lands; the Egyptian documents partly supply what is here lacking. The "instructions" contained in the _Sallier Papyrus,_ No. ii., show what were the miseries of the traveller, and the _Adventures of Sinuhit_ allude to the insecurity of the roads in Syria, by the
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