To Calvisius Rufus.
I want to ask your advice, as I have often done, on a matter of private business. Some land adjoining my own, and even running into mine, is for sale, and while there are many considerations tempting me to buy it, there are equally weighty reasons to dissuade me. I feel tempted to purchase, first, because the estate will look well if rounded off, and, secondly, because the conveniences resulting therefrom would be as great as the pleasures it would give me. The same work could be carried on at both places, they could be visited at the same cost of travelling, they could be put under one steward and practically one set of managers, and, while one villa was kept up in style, the other house might be just kept in repair. Moreover, one must take into account the cost of furniture and head-servants, besides gardeners, smiths, and even the gamekeepers, and it makes a great difference whether you have all these in one place or have them distributed in several. Yet, on the other hand, I am afraid it may be rash to risk so much of one's property to the same storms and the same accidents, and it seems safer to meet the caprices of Fortune by not putting all one's eggs into the same basket. Again, there is something exceedingly pleasant in changing one's air and place, and in the travelling from one estate to another.
However, the chief reason why I hesitate is as follows:- The land in question is fertile, rich and well-watered; it consists of meadows, vineyards and woods, which are productive and guarantee an income, not large, it is true, but yet sure. But the fertility of the land is overtaxed by the lack of capital of the tenants. For the last proprietor constantly sold the whole stock, and, though he reduced the arrears of the tenants for the time, he weakened their efficiency for the future, and as their capital failed them their arrears once more began to mount up. I must therefore set them up again, and it will cost me the more because I must provide them with honest slaves, for I have no slaves working in chains in my possession, nor has any landowner in that part of the country. Now, let me tell you the price at which I think I can purchase the property. It is three million sesterces, though at one time the price was five, but owing to the lack of capital of the tenants and the general badness of the times the rents have fallen off and the price has therefore dropped also. Perhaps you will ask whether I can raise these three millions without difficulty. Well, nearly all my capital is invested in land, but I have some money out at interest and I can borrow without any trouble. I can get money from my mother-in-law, whose purse I use as freely as if it were my own. So don't let this consideration trouble you, if the other objections can be got over, and I hope you will give these your most careful attention. For, as in everything else, so too in the matter of investments, your experience and shrewdness are unexceptionable. Farewell.
L To Calvisius Rufus.
I want to ask your advice, as I have often done, on a matter of private business. Some land adjoining my own, and even running into mine, is for sale, and while there are many considerations tempting me to buy it, there are equally weighty reasons to dissuade me. I feel tempted to purchase, first, because the estate will look well if rounded off, and, secondly, because the conveniences resulting therefrom would be as great as the pleasures it would give me. The same work could be carried on at both places, they could be visited at the same cost of travelling, they could be put under one steward and practically one set of managers, and, while one villa was kept up in style, the other house might be just kept in repair. Moreover, one must take into account the cost of furniture and head-servants, besides gardeners, smiths, and even the gamekeepers, and it makes a great difference whether you have all these in one place or have them distributed in several. Yet, on the other hand, I am afraid it may be rash to risk so much of one's property to the same storms and the same accidents, and it seems safer to meet the caprices of Fortune by not putting all one's eggs into the same basket. Again, there is something exceedingly pleasant in changing one's air and place, and in the travelling from one estate to another.
However, the chief reason why I hesitate is as follows:- The land in question is fertile, rich and well-watered; it consists of meadows, vineyards and woods, which are productive and guarantee an income, not large, it is true, but yet sure. But the fertility of the land is overtaxed by the lack of capital of the tenants. For the last proprietor constantly sold the whole stock, and, though he reduced the arrears of the tenants for the time, he weakened their efficiency for the future, and as their capital failed them their arrears once more began to mount up. I must therefore set them up again, and it will cost me the more because I must provide them with honest slaves, for I have no slaves working in chains in my possession, nor has any landowner in that part of the country. Now, let me tell you the price at which I think I can purchase the property. It is three million sesterces, though at one time the price was five, but owing to the lack of capital of the tenants and the general badness of the times the rents have fallen off and the price has therefore dropped also. Perhaps you will ask whether I can raise these three millions without difficulty. Well, nearly all my capital is invested in land, but I have some money out at interest and I can borrow without any trouble. I can get money from my mother-in-law, whose purse I use as freely as if it were my own. So don't let this consideration trouble you, if the other objections can be got over, and I hope you will give these your most careful attention. For, as in everything else, so too in the matter of investments, your experience and shrewdness are unexceptionable. Farewell.
C. PLINIUS CALVISIO RUFO SUO S.
Assumo te in consilium rei familiaris, ut soleo. Praedia agris meis vicina atque etiam inserta venalia sunt. In his me multa sollicitant, aliqua nec minora deterrent. Sollicitat primum ipsa pulchritudo iungendi; deinde, quod non minus utile quam voluptuosum, posse utraque eadem opera eodem viatico invisere, sub eodem procuratore ac paene isdem actoribus habere, unam villam colere et ornare, alteram tantum tueri. Inest huic computationi sumptus supellectilis, sumptus atriensium topiariorum fabrorum atque etiam venatorii instrumenti; quae plurimum refert unum in locum conferas an in diversa dispergas. Contra vereor ne sit incautum, rem tam magnam isdem tempestatibus isdem casibus subdere; tutius videtur incerta fortunae possessionum varietatibus experiri. Habet etiam multum iucunditatis soli caelique mutatio, ipsaque illa peregrinatio inter sua. Iam, quod deliberationis nostrae caput est, agri sunt fertiles pingues aquosi; constant campis vineis silvis, quae materiam et ex ea reditum sicut modicum ita statum praestant. Sed haec felicitas terrae imbecillis cultoribus fatigatur. Nam possessor prior saepius vendidit pignora, et dum reliqua colonorum minuit ad tempus, vires in posterum exhausit, quarum defectione rursus reliqua creverunt. Sunt ergo instruendi, eo pluris quod frugi, mancipiis; nam nec ipse usquam vinctos habeo nec ibi quisquam. Superest ut scias quanti videantur posse emi. Sestertio triciens, non quia non aliquando quinquagiens fuerint, verum et hac penuria colonorum et communi temporis iniquitate ut reditus agrorum sic etiam pretium retro abiit. Quaeris an hoc ipsum triciens facile colligere possimus. Sum quidem prope totus in praediis, aliquid tamen fenero, nec molestum erit mutuari; accipiam a socru, cuius arca non secus ac mea utor. Proinde hoc te non moveat, si cetera non refragantur, quae velim quam diligentissime examines. Nam cum in omnibus rebus tum in disponendis facultatibus plurimum tibi et usus et providentiae superest. Vale.
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To Calvisius Rufus.
I want to ask your advice, as I have often done, on a matter of private business. Some land adjoining my own, and even running into mine, is for sale, and while there are many considerations tempting me to buy it, there are equally weighty reasons to dissuade me. I feel tempted to purchase, first, because the estate will look well if rounded off, and, secondly, because the conveniences resulting therefrom would be as great as the pleasures it would give me. The same work could be carried on at both places, they could be visited at the same cost of travelling, they could be put under one steward and practically one set of managers, and, while one villa was kept up in style, the other house might be just kept in repair. Moreover, one must take into account the cost of furniture and head-servants, besides gardeners, smiths, and even the gamekeepers, and it makes a great difference whether you have all these in one place or have them distributed in several. Yet, on the other hand, I am afraid it may be rash to risk so much of one's property to the same storms and the same accidents, and it seems safer to meet the caprices of Fortune by not putting all one's eggs into the same basket. Again, there is something exceedingly pleasant in changing one's air and place, and in the travelling from one estate to another.
However, the chief reason why I hesitate is as follows:- The land in question is fertile, rich and well-watered; it consists of meadows, vineyards and woods, which are productive and guarantee an income, not large, it is true, but yet sure. But the fertility of the land is overtaxed by the lack of capital of the tenants. For the last proprietor constantly sold the whole stock, and, though he reduced the arrears of the tenants for the time, he weakened their efficiency for the future, and as their capital failed them their arrears once more began to mount up. I must therefore set them up again, and it will cost me the more because I must provide them with honest slaves, for I have no slaves working in chains in my possession, nor has any landowner in that part of the country. Now, let me tell you the price at which I think I can purchase the property. It is three million sesterces, though at one time the price was five, but owing to the lack of capital of the tenants and the general badness of the times the rents have fallen off and the price has therefore dropped also. Perhaps you will ask whether I can raise these three millions without difficulty. Well, nearly all my capital is invested in land, but I have some money out at interest and I can borrow without any trouble. I can get money from my mother-in-law, whose purse I use as freely as if it were my own. So don't let this consideration trouble you, if the other objections can be got over, and I hope you will give these your most careful attention. For, as in everything else, so too in the matter of investments, your experience and shrewdness are unexceptionable. Farewell.
Human translation — Attalus.org
Latin / Greek Original
C. PLINIUS CALVISIO RUFO SUO S.
Assumo te in consilium rei familiaris, ut soleo. Praedia agris meis vicina atque etiam inserta venalia sunt. In his me multa sollicitant, aliqua nec minora deterrent. Sollicitat primum ipsa pulchritudo iungendi; deinde, quod non minus utile quam voluptuosum, posse utraque eadem opera eodem viatico invisere, sub eodem procuratore ac paene isdem actoribus habere, unam villam colere et ornare, alteram tantum tueri. Inest huic computationi sumptus supellectilis, sumptus atriensium topiariorum fabrorum atque etiam venatorii instrumenti; quae plurimum refert unum in locum conferas an in diversa dispergas. Contra vereor ne sit incautum, rem tam magnam isdem tempestatibus isdem casibus subdere; tutius videtur incerta fortunae possessionum varietatibus experiri. Habet etiam multum iucunditatis soli caelique mutatio, ipsaque illa peregrinatio inter sua. Iam, quod deliberationis nostrae caput est, agri sunt fertiles pingues aquosi; constant campis vineis silvis, quae materiam et ex ea reditum sicut modicum ita statum praestant. Sed haec felicitas terrae imbecillis cultoribus fatigatur. Nam possessor prior saepius vendidit pignora, et dum reliqua colonorum minuit ad tempus, vires in posterum exhausit, quarum defectione rursus reliqua creverunt. Sunt ergo instruendi, eo pluris quod frugi, mancipiis; nam nec ipse usquam vinctos habeo nec ibi quisquam. Superest ut scias quanti videantur posse emi. Sestertio triciens, non quia non aliquando quinquagiens fuerint, verum et hac penuria colonorum et communi temporis iniquitate ut reditus agrorum sic etiam pretium retro abiit. Quaeris an hoc ipsum triciens facile colligere possimus. Sum quidem prope totus in praediis, aliquid tamen fenero, nec molestum erit mutuari; accipiam a socru, cuius arca non secus ac mea utor. Proinde hoc te non moveat, si cetera non refragantur, quae velim quam diligentissime examines. Nam cum in omnibus rebus tum in disponendis facultatibus plurimum tibi et usus et providentiae superest. Vale.