10-29-2012-RomanPres-7-Roman-Merchant-Ships - Emmaf.org

10-29-2012-RomanPres-7-Roman-Merchant-Ships - Emmaf.org 10-29-2012-RomanPres-7-Roman-Merchant-Ships - Emmaf.org

18.03.2015 Views

Cato the Elder, 123-49 BC “He used to loan money out in the most disreputable of all ways, namely in shipping, and according to the following formula. He required his borrowers to form a large company, and when there were fifty partners and as many ships for his security, he invested in one share of the company. He event sent his freedman, Quintio, along on all their ventures. In this way his entire security was not imperilled, but only a small part of it, and his profits were large.” Plutarch (Cat. Mai. 21.6)

Monte Testaccio An artificial mound ca. 118 ft. tall and covering roughly 66,000 sq. ft. of pottery sherds in Rome created by centuries of discarded, broken amphorae.

Cato the Elder, 123-49 BC<br />

“He used to loan money out in the most disreputable of all ways, namely<br />

in shipping, and according to the following formula. He required his<br />

borrowers to form a large company, and when there were fifty partners<br />

and as many ships for his security, he invested in one share of the<br />

company. He event sent his freedman, Quintio, along on all their<br />

ventures. In this way his entire security was not imperilled, but only a<br />

small part of it, and his profits were large.”<br />

Plutarch (Cat. Mai. 21.6)

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