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Aristotle, Economics 1 1 Browse Search
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Aristotle, Economics, Book 2, section 1348a (search)
the people resolved that debtors should pay their debts into the treasury, and that the state should meet the creditors' interest out of its revenues until its former prosperity returned. Mausolus lord of Caria received from the King of PersiaProbably Artaxerxes II. who reigned 405-359 B.C. a demand for tribute. Therefore he summoned the wealthiest men in his dominion, and told them that the King was asking for the tribute, and he had not the means of paying it. Men whom he had previously suborned at once came forward and declared what each was ready to contribute. With this example before them, they who were wealthier than these, partly in shame and partly in alarm, promised and paid much larger sums than the others.Being again in lack of funds, Mausolus summoned a public meeting of