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Updated: June 16, 2025


In addition to the causes of this increase in the importance of transmarine commerce which need no further explanation, it was artificially promoted by the privileged position which the ruling Italian nation assumed in the provinces, and by the exemption from customs-dues which was probably even now in many of the client-states conceded by treaty to the Romans and Latins.

But, even where the transmarine corn did not reach the consumers in this extraordinary mode, it injuriously affected Italian agriculture.

The eastern half of the Mediterranean was not yet reached by the Roman money, as it had not yet fallen under the direct sovereignty of Rome; but its place was filled by gold, the true and natural medium for international and transmarine commerce.

The Italian producers of wine and oil in particular not only supplied the Italian markets, but carried on also in both articles a considerable business of transmarine exportation.

If all those bound by one interest should now, he urged, unite their efforts, the Spaniard, deprived not only of the Netherlands, but, if he were not wise in time, banished from the ocean and stripped of all his transmarine possessions, would be obliged to consent to a peace founded on the only secure basis, equality of strength.

Beyond doubt these colonies were also designed to aid in permanently defending the revolution to which they owed their existence. Still more significant and momentous was the measure, by which Gaius Gracchus first proceeded to provide for the Italian proletariate in the transmarine territories of the state.

The senate doubtless would have gladly seen Macedonia humbled; but that humiliation would be too dearly purchased at the cost of a land war carried on in Macedonia with Roman troops; and accordingly, after the withdrawal of the Aetolians, the senate voluntarily concluded peace at once on the basis of the -status quo-. It is therefore far from made out, that the Roman government concluded this peace with the definite design of beginning the war at a more convenient season; and it is very certain that, at the moment, from the thorough exhaustion of the state and the extreme unwillingness of the citizens to enter into a second transmarine struggle, the Macedonian war was in a high degree unwelcome to the Romans.

Thither principally, according to the old aim of the transmarine settlements of the Roman democracy, was the stream of Italian emigration directed.

The Celtic country south of the Alps on the other hand, in which a military command could not be dispensed with on account of the continued incursions of the Alpine tribes, was constituted a distinct governorship after the model of the older transmarine commands.

In Sicily, the country of production, the -modius- was sold within a few years at two and at twenty sesterces; from this we may guess what must have been the fluctuations of price in Rome, which subsisted on transmarine corn and was the seat of speculators. IV. XII. The Finances and Public Buildings

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