If you wanted to hand over a hundred thousand or so to a creditor, what your agent had as often as not to do was to persuade that creditor to accept as payment the debts owing to yourself from others, i.e. you would hand over to him, if he would accept them, the bonds or other securities given you by your own debtors.

Cicero, at the end of his life, looking back to his own consulship in 63, says that at no time in his recollection was the whole world in such a condition of indebtedness, and in a famous passage in his second Catilinarian oration he has drawn a picture of the various classes of debtors in Rome and Italy at that time (Cat. ii.

He tells us of those who have wealth and yet will not pay their debts; of those who are in debt and look to a revolution to absolve them; of the veterans of the Sullan army, settled in colonies such as Faesulae, who had rushed into debt in order to live luxurious lives; of old debtors of the city, getting deeper and deeper into the quagmire, who joined the conspiracy as a last desperate venture.

In 49, and again in 48, it escaped a similar disaster through the good sense of Caesar and his agents, who succeeded in steering between Scylla and Charybdis by saving the debtors without ruining the lenders.

Credit in Italy had been seriously upset by the outbreak of Civil War, and Caesar had been at much pains to steady it by an ordinance which has been alluded to in the last chapter.[200] In 48 Caelius was praetor; in the master's absence he suddenly took up the cause of the debtors, and tried to evoke appeals against the decisions of his colleague Trebonius,a great lawyer and a just man.

Cases are recorded to which creditors took from debtors property of all kinds, to satisfy their demands.

and manifestly regulated with his master's debtors, the terms of settlement.

" "Let us live in as small a circle as we will, we are either debtors or creditors before we have had time to look round.

I mean the beggars, the destitute debtors, and the victims of opium, famine, and pestilence, without whom our catalogue would certainly be incomplete.

The Destitute Debtors.

I am aware also that the subject has long occupied the earnest attention of Government, and that in some parts of the country enactments have been introduced for the relief of poor debtors.

Therefore, brethren, we are debtors, not to the flesh, to live after the flesh; for if ye live after the flesh, ye shall die.

So he called every one of his lord's debtors unto him, and said unto the first, How much owest thou unto my lord?

He goes to his lord's debtors, and bids them write themselves down in debt to him at far less sums than they had thought that they owed.

Now, suppose that these debtors were the very men whom he had been cheating.

Suppose that he had been overcharging these debtors; and now, in his need, had found out that honesty was the best policy, and charged them what they really owed him.

He does justice to his lord's debtors.

He had the trick of making usury look like kindness; he always spoke of those fellows, those hidden owners of the money and the horsesheartless wretches who were "after him," holding him responsible for the short-comings of all their debtors.

SEE Zollmann, Carl. <pb id='211.png' n='1960h1/A/0841' /> Cases and materials on the Law of administration of debtors' estates.

SEE Lorenzen, Ernest G. Cases and materials on the law of debtors' estates.

Sturges' Cases on debtors' estates, fourth edition; advance pamphlet.

Sturges' Cases on debtors' estates, by Wesley A. Sturges, fourth edition, by Eugene V. Rostow.

Sturges' Cases on debtors' estates, by Wesley A. Sturges, fourth edition, by Eugene V. Rostow; advance pamphlet.

as Cases and materials on the law of administration of debtors' estates, by Wesley A. Sturges.

But the relation of a world-wide appreciation of the standard money commodity with the burden that this change puts upon debtors has nothing to do with the question now before us, viz.: Does a protective tariff enable a country to keep and increase its proportion of the world's stock of gold; and if it could, would it be a general benefit?]