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Augustus, Chapter 41: Further legislation.
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He [Note 1] displayed his munificence to all ranks of the people on various occasions. Moreover, upon his bringing the treasure belonging to the kings of Egypt into the city, in his Alexandrian triumph, he made money so plentiful, that interest fell, and the price of land rose considerably. And afterwards, as often as large sums of money came into his possession by means of confiscations, he would lend it free of interest, for a fixed term, to such as could give security for the double of what was borrowed. The estate necessary to qualify a senator, instead of eight hundred thousand sesterces, the former standard, he ordered, for the future, to be twelve hundred thousand; and to those who had not so much, he made good the deficiency. He often made donations to the people, but generally of different sums; sometimes four hundred, sometimes three hundred, or two hundred and fifty sesterces upon which occasions, he extended his bounty even to young boys, who before were not used to receive anything, until they arrived at eleven years of age. In a scarcity of grain, he would frequently let them have it at a very low price, or none at all; and doubled the number of the money tickets. |
Note 1: he = Augustus