of Ostia were chiefly busy unloading corn from Sicily and Africa and loot from all the world.
After the fall of Carthage the Roman imagination went wild with the hitherto unknown possibilities of finance. Money, like most other inventions, had "happened" to mankind, and men had still to develop—to-day they have still to perfect—the science and morality of money. One sees the thing "catching on" in the recorded life and the writings of Cato the Censor. In his early days he was bitterly virtuous against usury; in his later he was devising ingenious schemes for safe usury.
In this curiously interesting century of Roman history we find man after man asking, "What has happened to Rome?" Various answers are made—a decline in religion, a decline from the virtues of the Roman forefathers, Greek "intellectual poison," and the like. We who can look at the problem with a large perspective, can see that what had happened to Rome was "money"—the new freedoms and chances and opportunities that money opened out. Money floated the Romans off the firm ground, everyone was getting hold of money, the majority by the simple expedient of running into debt; the eastward expansion of the empire was very largely a hunt for treasure in strong rooms and temples to keep pace with the hunger of the new need. The Equestrian order, in particular, became the money power. Everyone was developing property. Farmers were giving up corn and cattle, borrowing money, buying slaves, and starting the more intensive cultivation of oil and wine. Money was young in human experience and wild, nobody had it under control. It fluctuated greatly. It was now abundant and now scarce. Men made sly and crude schemes to corner it, to hoard it, to send up prices by releasing hoarded metals. A small body of very shrewd men was growing immensely rich. Many patricians were growing poor and irritated and unscrupulous. Among the middle sort of peoples there was much hope, much adventure, and much more disappointment. The growing mass of the expropriated was permeated by that vague, baffled, and hopeless sense of being inexplicably bested, which is the preparatory condition for all great revolutionary movements.
