Note 107 — Chapter IV · XENOPHON.
Reading edition
It is truly surprising to read in one of Hume’s Essays the following sentence. Essay XII. on Civil Liberty, p. 107 ed. of Hume’s Philosophical Works, 1825.
“The Athenians, though governed by a Republic, paid near two hundred per cent for those sums of money which any emergence made it necessary for them to borrow, as we learn from Xenophon.”
In the note Hume quotes the following passage from this discourse, De Vectigalibus:—Κτῆσιν δὲ ἀπ’ οὐδενὸς ἂν οὕτω καλὴν κτήσαιντο, ὥσπερ ἀφ’ οὖ ἂν προτελέσωσιν εἰς τὴν ἀφορμήν. Οἱ δέ γε πλεῖστοι Ἀθηναίων πλείονα λήψονται κατ’ ἐνιαυτὸν ἢ ὅσα ἂν εἰσενέγκωσιν. Οἱ γὰρ μνᾶν προτελέσαντες, ἐγγὺς δυοῖν μνᾷν πρόσοδον ἔξουσι. Ὃ δοκεῖ τῶν ἀνθρωπίνων ἀσφαλέστατόν τε καὶ πολυχρονιώτατον εἶναι.
Hume has been misled by dwelling upon one or two separate sentences. If he had taken into consideration the whole discourse and its declared scope, he would have seen that it affords no warrant for any inference as to the rate of interest paid by the Athenian public when they wanted to borrow. In Xenophon’s scheme there is no fixed proportion between what a contributor to the fund would pay and what he would receive. The triobolon received is a fixed sum to each citizen, whereas the contributions of each would be different. Moreover the foreigners and metics would contribute without receiving anything, while the poor citizens would receive their triobolon per head, without having contributed anything.