Letter 2038: We wish our wealth to be enriched by the treasury of compassion, and we despise profits acquired through the...

CassiodorusFaustus, Praetorian|c. 522 AD|Cassiodorus
barbarian invasionproperty economics
From: Theoderic (through Cassiodorus), King of the Ostrogoths
To: Faustus, Praetorian Prefect
Date: ~522 AD
Context: Theoderic grants the merchants of Siponto a two-year tax exemption after they were devastated by enemy raids.

We wish our wealth to be enriched by the treasury of compassion, and we despise profits acquired through the miseries of the afflicted. A tax payment that draws tears offends our mercy, because whatever is paid gladly redounds to the praise of the recipient. The merchants of the city of Siponto claim to have been devastated by enemy raids. Since we consider the relief of the destitute our truest wealth, your illustrious magnificence shall ensure that the named merchants are not troubled by any forced grain purchases for the next two years.

But since it does no good to lift up the fallen if another burden of payment follows, those who are known to have lent money to these merchants should be warned by your authority not to demand anything from the debt during this two-year period. This way, under this respite, they may both recover the money they lent and the debtors' resources may have some room to breathe. What good does it do a creditor to press his claim when it is futile to try to collect from men who have been stripped bare? We serve them better by patience, letting them reach a point where they can repay.

Modern English rendering for readability. See the 19th-century translation or original Latin/Greek for scholarly use.

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