Practical Tendencies

Practical Tendencies

Though there was a feeling of dis­favor among the upper classes, at least, toward the crafts and small-scale commerce, and the quietism in thought just noted, still the Romans' were notably careful in business relations and matters of account. Many instances might be cited of their accurate and cautious manner of recording both public and private transactions.2 Moreover, there is evidence that credit institutions similar to the check and promissory note were known and used, while Cicero requested Curius to honor Tiro's draft for any amount and asked Atticus to ascertain if he could get exchange in Athens. While of little direct significance as to economic thought, these facts would indicate that, although lacking in theoretical analysis, the Romans must have had many concrete ideas about economic relationships.