Letter 10055: I do not see any other remedy, my dear Pliny, than the lowering of the rate of interest, which would facilitate the...

TrajanPliny the Younger|c. 112 AD|Pliny the Younger|Human translated
illnessproperty economics

Trajan to Pliny.

I do not see any other remedy, my dear Pliny, than the lowering of the rate of interest, which would facilitate the investment of the public moneys. You must fix the rate according to the number of those likely to borrow. But if people are averse to borrowing, it would not be in consonance with the justice of our reign to force a loan upon them, as possibly they too would find no investment for it.

Human translationAttalus.org

Latin / Greek Original

TRAIANUS PLINIO
Et ipse non aliud remedium dispicio, mi Secunde carissime, quam ut quantitas usurarum minuatur, quo facilius pecuniae publicae collocentur. Modum eius, ex copia eorum qui mutuabuntur, tu constitues. Invitos ad accipiendum compellere, quod fortassis ipsis otiosum futurum sit, non est ex iustitia nostrorum temporum.

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