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1 The Theoric Fund had been instituted by Pericles, nominally to enable the poorer citizens to attend the public festivals. It would seem that definite sums were alloted to the various departments of State expenditure, and the surplus was at the disposal of the democracy for special military or other objects. Somewhere about 354 Eubulus, who was one of the board which controlled the Theoric Fund, carried a law appropriating to it the whole of the surplus revenue. He does not seem to have starved the defensive services, but he left no provision for a war, except by means of an extraordinary levy or ἐσφορά. Either in 360, or perhaps in 349 before the delivery of the third Olynthiac, an attempt to revert to the earlier arrangement was followed by the usual γραφὴ παρανόμων, and Eubulus is alleged to have confirmed the bad system by making it a capital offence even to propose a diversion of the fund. Demosthenes approaches the subject with a studied show of embarrassment.
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