An Economic History of Rome by Tenney Frank PDF

By Tenney Frank

ISBN-10: 1596056479

ISBN-13: 9781596056473

Passenger fares appear to us to were very low. Passengers besides the fact that seem to have been answerable for their very own sustenance, the quarters have been most likely faraway from sumptuous and naturally death by means of shipwreck not like lack of freight entailed no monetary loss to the provider. -from "Chapter XVI: trade" during this vintage work-an growth of an prior 1920 edition-a revered classical student sketches the industrial lifetime of the Roman tradition during the republican interval and into the fourth century of the empire. even though later books unfairly supplanted it, this quantity is still an outstanding creation to the capital, trade, exertions, and of the fast forerunner of contemporary civilization. In transparent, readable language, Frank explores: .agriculture in early Latium .the upward push of the peasantry .Roman coinage .finance and politics .the "plebs urbana" .the beginnings of serfdom .and even more. American historian TENNEY FRANK (1876-1939) was once professor of Latin at Bryn Mawr university and Johns Hopkins collage, and likewise wrote Roman Imperialism (1914) and A background of Rome (1923).

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But there may have been more than mere humor in the remark. Doubtless many of those portrait busts went into the furnace to compensate for the deprivations of years. When in 269 Rome reformed her coinage on a new system she was able to restore the old ratio of 120 : 1 which had for some years fallen to 20 : 1. This was of course made possible by the re-establishment of peace-prices throughout Italy and by the acquisition of large quantities of metal in her capture of Voisina and Vulci in 280. And the process was doubtless aided by the fact that Greek trade and industry had now so far assimilated the extra currency of the last century that the prices of commodities had now generally fallen back to those prevailing before Alexander’s conquest.

But by the results of Rome’s expansionistic ventures her citizens, always invited to settle new lands and to invest their excess capital, in real property, became for all time farmers and real estate capitalists. Necessity, the mother of crafts as well as of arts, never forced them into apprenticeship in those occupations that develop the love for artificial beauty and train the instincts for commercial enterprise. 40 /Tenney Frank Notes 1. See chapter 1. 2. Nissen, Italische Landeskunde, I, 432.

In industrial arts the story is the same. 11 It is hardly due to mere chance that Roman crafts of the period reveal none of this skill, since both cities were equally Latin. The explanation of Praeneste’s new development probably lies in the fact that the city had limited its territorial bounds by a treaty of “equality” with Rome which tied it for all time to the possession of some fifty square miles and compelled its surplus energies to find expression in industry. It might have been well for Rome had she to some measure been forced back upon her inventive skill in the same way.

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An Economic History of Rome by Tenney Frank

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