. An essay on western civilization in its economic aspects ... sitive advance which he made. So far as household man-agement or municipal government was concerned, there waslittle left for the Romans to do; but the problem of administer-ing an empire under monetary conditions, though it had beenthe subject of some experiments, was still unsolved. Augustusset himself to face it with such success that the scheme whichhis genius devised, as perfected by his successors, not onlyafforded a weary world an unexampled period of rest and pros-perity, but formed a model which has been consciously orunco
. An essay on western civilization in its economic aspects ... sitive advance which he made. So far as household man-agement or municipal government was concerned, there waslittle left for the Romans to do; but the problem of administer-ing an empire under monetary conditions, though it had beenthe subject of some experiments, was still unsolved. Augustusset himself to face it with such success that the scheme whichhis genius devised, as perfected by his successors, not onlyafforded a weary world an unexampled period of rest and pros-perity, but formed a model which has been consciously orunconsciously reproduced in mediaeval and modern drew up a budget and shaped a financial system whichgave remarkable stability to the Empire, even under unworthyrulers; he organised the affairs of state in a monetary form,and endeavoured to guard against what was arbitrary or unfair. He was not content to utilise the machinery which wasalready in operation for Roman finance. The aerarium Saturniinto which the receipts from the Senatorial provinces were. To face p 171
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Keywords: ., bookcentury1900, bookdecade1910, bookpub, booksubjectcivilization
