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SECOND MEMOIR.
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tury, the wealthy families had incomes of no less than two millions: some possessed as many as twenty thousand slaves. All the authors who have written upon the causes of the fall of the Roman republic concur. M. Giraud of Aix[1] quotes the testimony of Cicero, Seneca, Plutarch, Olympiodorus, and Photius. Under Vespasian and Titus, Pliny, the naturalist, exclaimed: “Large estates have ruined Italy, and are ruining the provinces.”

But it never has been understood that the extension of property was effected then, as it is to-day, under the ægis of the law, and by virtue of the constitution. When the Senate sold captured lands at auction, it was in the interest of the treasury and of public welfare. When the patricians bought up possessions and property, they realized the purpose of the Senate’s decrees; when they lent at high rates of interest, they took advantage of a legal privilege. “Property,” said the lender, “is the right to enjoy even to the extent of abuse, jus utendi et abutendi; that is, the right to lend at interest,—to lease, to acquire, and then to lease and lend again.” But property is also the right to exchange, to transfer, and to sell. If, then, the social condition is such that the proprietor, ruined by usury, may be compelled to sell his possession, the means of his subsistence, he will sell it; and, thanks to the law, accumulated property—devouring and anthropophagous property—will be established.[2]

  1. “Inquiries concerning Property among the Romans.”
  2. “Its acquisitive nature works rapidly in the sleep of the law. It is ready, at the word, to absorb every thing. Witness the famous equivocation about the ox-hide which, when cut up into thongs, was large enough to enclose the site of Carthage.… The legend has reappeared several times since Dido.… Such is the love of man for the land. Limited by tombs, measured by the members of the human body, by the thumb, the foot, and the arm, it harmonizes, as far as possible, with the very proportions of man. Nor is be satisfied yet: he