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An Economic History of Rome - download pdf or read online

By Tenney Frank

ISBN-10: 1596056479

ISBN-13: 9781596056473

Passenger fares appear to us to were very low. Passengers notwithstanding seem to have been liable for their very own sustenance, the quarters have been most likely faraway from sumptuous and naturally death through shipwreck not like lack of freight entailed no monetary loss to the service. -from "Chapter XVI: trade" during this vintage work-an enlargement of an previous 1920 edition-a revered classical student sketches the industrial lifetime of the Roman tradition throughout the republican interval and into the fourth century of the empire. notwithstanding later books unfairly supplanted it, this quantity continues to be a very good creation to the capital, trade, hard work, and of the instant forerunner of recent 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 college, and in addition wrote Roman Imperialism (1914) and A background of Rome (1923).

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After the wars with the Samnites and Pyrrhus had ended in complete victory in 272 Rome found herself the dominant power of a confederation that included the whole of Italy, and yet her currency consisted of a Greek silver coin minted for her by a dependency and a crudely molded bronze coin issued at home. Obviously the time had arrived for a more adequate and dignified system. In 269 a thoroughgoing reform was undertaken, the old coinage was discontinued, and the denarial system was instituted at Rome and at several branch mints throughout Italy.

Rome sought neither remedy directly. Her citizens did not abandon Rome for foreign lands, nor did Rome turn to manufacturing and commerce, although there seem to be signs in the building of Ostia and in the legislation of Appius Claudius7 that there was for a while a tendency in that direction. The surplusage of Roman population found an outlet instead in the territorial expansion which set in under the vigorous democratic leaders that came to the fore in the middle of the fourth century, soon after the plebeians had won their contest for the consulship in 366.

It is now generally thought however that Capua was still sovereign at that time. 3 The pieces in question were double drachms of the size which was then generally current in Campania. 58 grams, so that the single drachm was considered to be 1-72 of the Oscan pound of 273 grams. On what basis it exchanged with the Roman bronze as we are not told. If bronze then exchanged with silver at the ratio normal later of 1 : 120, exchange must have been a cumbersome process since the silver piece would then be worth 3 1/3 bronze asses.

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An Economic History of Rome by Tenney Frank

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