ne
by contract--for buildings, for the ingathering of the harvest,(15)
and even for the partition of an inheritance among the heirs or the
winding up of a bankrupt estate; in which case the contractor--usually
a banker--received the whole assets, and engaged on the other hand to
settle the liabilities in full or up to a certain percentage and to
pay the balance as the circumstances required.
Commerce
Manufacturing Industry
The prominence of transmarine commerce at an early period in the Roman
national economy has already been adverted to in its proper place.
The further stimulus, which it received during the present period, is
attested by the increased importance of the Italian customs-duties in
the Roman financial system.(16) In addition to the causes of this
increase in the importance of transmarine commerce which need no
further explanation, it was artificially promoted by the privileged
position which the ruling Italian nation assumed in the provinces, and
by the exemption from customs-dues which was probably even now in many
of the client-states conceded by treaty to the Romans and Latins.
On the other hand, industry remained comparatively undeveloped.
Trades were no doubt indispensable, and there appear indications that
to a certain extent they were concentrated in Rome; Cato, for
instance, advises the Campanian landowner to purchase the slaves'
clothing and shoes, the ploughs, vats, and locks, which he may
require, in Rome. From the great consumption of woollen stuffs the
manufacture of cloth must undoubtedly have been extensive and
lucrative.(17) But no endeavours were apparently made to transplant
to Italy any such professional industry as existed in Egypt and Syria,
or even merely to carry it on abroad with Italian capital. Flax
indeed was cultivated in Italy and purple dye was prepared there,
but the latter branch of industry at least belonged essentially
to the Greek Tarentum, and probably the import of Egyptian linen
and Milesian or Tyrian purple even now preponderated everywhere over
the native manufacture.
Under this category, however, falls to some extent the leasing or
purchase by Roman capitalists of landed estates beyond Italy, with
a view to carry on the cultivation of grain and the rearing of cattle
on a great scale. This species of speculation, which afterwards
developed to proportions so enormous, probably began particularly in
Sicily, within the period now before us; seeing that th
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