put themselves at the head of bands of revolted slaves,(31)
and rudely reminded the public that the transition
is easy from the haunts of fashionable debauchery
to the robber’s cave. It is no wonder,
that that financial tower of Babel, with its foundation
not purely economic but borrowed from the political
ascendency of Rome, tottered at every serious political
crisis nearly in the same way as our very similar
fabric of a paper currency. The great financial
crisis, which in consequence of the Italo-Asiatic
commotions of 664 f. set in upon the Roman capitalist-class,
the bankruptcy of the state and of private persons,
the general depreciation of landed property and of
partnership-shares, can no longer be traced out in
detail; but their general nature and their importance
are placed beyond doubt by their results—the
murder of the praetor by a band of creditors,(32)
the attempt to eject from the senate all the senators
not free of debt,(33) the renewal of the maximum of
interest by Sulla,(34) the cancelling of 75 per cent
of all debts by the revolutionary party.(35) The consequence
of this system was naturally general impoverishment
and depopulation in the provinces, whereas the parasitic
population of migratory or temporarily settled Italians
was everywhere on the increase. In Asia Minor
80,000 men of Italian origin are said to have perished
in one day.(36) How numerous they were in Delos, is
evident from the tombstones still extant on the island
and from the statement that 20,000 foreigners, mostly
Italian merchants, were put to death there by command
of Mithradates.(37) In Africa the Italians were so
many, that even the Numidian town of Cirta could be
defended mainly by them against Jugurtha.(38) Gaul
too, it is said, was filled with Roman merchants;
in the case of Spain alone—perhaps not
accidentally—no statements of this sort
are found. In Italy itself, on the other hand,
the condition of the free population at this epoch
had on the whole beyond doubt retrograded. To
this result certainly the civil wars essentially contributed,
which, according to statements of a general kind and
but littletrustworthy, are alleged to have swept away
from 100,000 to 150,000 of the Roman burgesses and
300,000 of the Italian population generally; but still
worse was the effect of the economic ruin of the middle
class, and of the boundless extent of the mercantile
emigration which induced a great portion of the Italian
youth to spend their most vigorous years abroad.
A compensation of very dubious value was afforded by the free parasitic Helleno-Oriental population, which sojourned in the capital as diplomatic agents for kings or communities, as physicians, schoolmasters, priests, servants, parasites, and in the myriad employments of sharpers and swindlers, or, as traders and mariners, frequented especially Ostia, Puteoli, and Brundisium. Still more hazardous was the disproportionate increase of the multitude of slaves in the peninsula.