Afterwards, towards the end of the republic, and long after the establishment of the empire, agriculture being abandoned, and the provinces becoming depopulated in consequence of the excessive rates of interest, the emperors freely granted the lands to whoever would cultivate them,--that is, they abolished debts.

No one, except Lycurgus, who went to the other extreme, ever perceived that the great point was, not to release debtors by a coup d'etat, but to prevent the contraction of debts in future.
On the contrary, the most democratic governments were always exclusively based upon individual property; so that the social element of all these republics was war between the citizens.
Solon decreed that a census should be taken of all fortunes, regulated political rights by the result, granted to the larger proprietors more influence, established the balance of powers,--in a word, inserted in the constitution the most active leaven of discord; as if, instead of a legislator chosen by the people, he had been their greatest enemy.

Is it not, indeed, the height of imprudence to grant equality of political rights to men of unequal conditions?
If a manufacturer, uniting all his workmen in a joint-stock company, should give to each of them a consultative and deliberative voice,--that is, should make all of them masters,--would this equality of mastership secure continued inequality of wages?
That is the whole political system of Solon, reduced to its simplest expression.
"In giving property a just preponderance," says M.Pastoret, "Solon repaired, as far as he was able, his first official act,--the abolition of debts....

He thought he owed it to public peace to make this great sacrifice of acquired rights and natural equity.

But the violation of individual property and written contracts is a bad preface to a public code." In fact, such violations are always cruelly punished.