Ways and Means

Further than this, every farmer can tell just how many yoke of oxen are enough for the farm and how many labourers. To put more on the land than the requisite number is counted loss. In mining undertakings, on the contrary, everyone tells you that he is short of labour.

Mining, in fact, is quite different from other industries. An increase in the number of coppersmiths, for example, produces a fall in the price of copper work, and the coppersmiths retire from business. The same thing happens in the iron trade. Again, when corn and wine are abundant, the crops are cheap, and the profit derived from growing them disappears, so that many give up farming and set up as merchants or shopkeepers or moneylenders. But an increase in the amount of the silver ore discovered and of the metal won is accompanied by an increase in the number of persons who take up this industry.

Neither is silver like furniture, of which a man never buys more when once he has got enough for his house. No one ever yet possessed so much silver as to want no more; if a man finds himself with a huge amount of it, he takes as much pleasure in burying the surplus as in using it.

Mark too that, whenever states are prosperous, silver is in strong demand. The men will spend money on fine arms and good horses and magnificent houses and establishments, and the women go in for expensive clothes and gold jewelry.

If, on the other hand, the body politic is diseased owing to failure of the harvest or to war, the land goes out of cultivation and there is a much more insistent demand for cash to pay for food and mercenaries.

If anyone says that gold is quite as useful as silver, I am not going to contradict him; but I know this, that when gold is plentiful, silver rises and gold falls in value.

With these facts before us, we need not hesitate to bring as much labour as we can get into the mines and carry on work in them, feeling confident that the ore will never give out and that silver will never lose its value.

I think, indeed, that the state has anticipated me in this discovery; at any rate she throws open the mining industry to foreigners on the same terms as are granted to citizens.

To make myself clearer on the subject of alimony, I will now explain how the mines may be worked with the greatest advantage to the state. Not that I expect to surprise you by what I am going to say, as if I had found the solution of a difficult problem. For some things that I shall mention are still to be seen by anyone at the present day, and as for conditions in the past, our fathers have told us that they were similar.

But what may well excite surprise is that the state, being aware that many private individuals are making money out of her, does not imitate them. Those of us who have given thought to the matter have heard long ago, I imagine, that Nicias son of Niceratus, once owned a thousand men in the mines, and let them out to Socias the Thracian, on condition that Sosias paid him an obol a day per man net and filled all vacancies as they occurred.

Hipponicus, again, had six hundred slaves let out on the same terms and received a rent of a mina a day net. Philemonides had three hundred, and received half a mina. There were others too, owning numbers in proportion, I presume, to their capital.

But why dwell on the past? At this day there are many men in the mines let out in this way.