ĂRĒNA. [AMPHITHEATRUM.]

ĂRĔTĀLŎGI, persons who amused the company at the Roman dinner tables.

ARGĒI, the name given by the pontifices to the places consecrated

by Numa for the celebration of religious services. Varro calls them

the chapels of the argei, and says they were twenty-seven in number,

distributed in the different districts of the city. There was a

tradition that these argei were named from the chieftains who came

with Hercules, the Argive, to Rome, and occupied the Capitoline,

or, as it was anciently called, Saturnian hill. It is impossible

to say what is the historical value or meaning of this legend; we

may, however, notice its conformity with the statement that Rome was

founded by the Pelasgians, with whom the name of Argos was connected.

The name argei was also given to certain figures thrown into the

Tiber from the Sublician bridge, on the Ides of May in every year.

This was done by the pontifices, the vestals, the praetors, and other

citizens, after the performance of the customary sacrifices. The

images were thirty in number, made of bulrushes, and in the form of

men. Ovid makes various suppositions to account for the origin of

this rite; we can only conjecture that it was a symbolical offering,

to propitiate the gods, and that the number was a representative

either of the thirty patrician curiae at Rome, or perhaps of the

thirty Latin townships.

ARGENTĀRĬI, bankers or money changers. (1) GREEK. The bankers at

Athens were called _Trapezitae_ (τραπεζίται), from their tables

(τραπεζαι) at which they sat, while carrying on their business, and

which were in the market place. Their principal occupation was that

of changing money; but they frequently took money, at a moderate

premium, from persons who did not like to occupy themselves with

the management of their own affairs, and placed it out at interest.

Their usual interest was 36 per cent.; a rate that at present

scarcely occurs except in cases of money lent on bottomry. The only

instance of a bank recognized and conducted on behalf of the state

occurs at Byzantium, where at one time it was let by the republic

to capitalists to farm. Yet the state probably exercised some kind

of superintendence over the private bankers, since it is hardly

possible otherwise to account for the unlimited confidence which they

enjoyed.--(2) ROMAN. The _Argentarii_ at Rome must be distinguished

from the _mensarii_ and _nummularii_, or public bankers. [MENSARII.]

The argentarii were private persons, who carried on business on their

own responsibility, and were not in the service of the republic;

but the shops or _tabernae_ about the forum, which they occupied,

and in which they transacted their business, were state property.

The business of the argentarii may be divided into the following

branches. 1. _Permutatio_, or the exchange of foreign coin for Roman,

and in later times the giving of bills of exchange payable in foreign

towns. 2. The keeping of sums of money for other persons. Such money

might be deposited by the owner merely to save himself the trouble

of keeping it and making payments, and in this case it was called

_depositum_; the argentarius then paid no interest, and the money was

called _vacua pecunia_. Or the money was deposited on condition of

the argentarius paying interest; in this case the money was called

_creditum_. A payment made through a banker was called _per mensam_,

_de mensa_, or _per mensae scripturam_, while a payment made by the

debtor in person was a payment _ex arca_ or _de domo_. An argentarius

never paid away any person’s money without being either authorised by

him in person or receiving a cheque which was called _perscriptio_.

The argentarii kept accurate accounts in books called _codices_,

_tabulae_, or _rationes_, and there is every reason for believing

that they were acquainted with what is called in book-keeping double

entry. When a party found to be in debt paid what he owed, he had

his name effaced (_nomen expedire_ or _expungere_) from the banker’s

books. 3. Their connection with commerce and public auctions. In

private sales and purchases, they sometimes acted as agents for

either party (_interpretes_), and sometimes they undertook to sell

the whole estate of a person, as an inheritance. At public auctions

they were almost invariably present, registering the articles sold,

their prices, and purchasers, and receiving the payment from the

purchasers. 4. The testing of the genuineness of coins (_probatio

nummorum_). This, however, seems originally to have been a part of

the duty of public officers, the mensarii or nummularii, until in

the course of time the opinion of an argentarius also came to be

looked upon as decisive. 5. The _solidorum venditio_, that is, the

obligation of purchasing from the mint the newly coined money, and

circulating it among the people. This branch of their functions

occurs only under the empire. The argentarii formed a collegium,

divided into _societates_ or corporations, which alone had the right

to admit new members of their guild. None but freemen could become

members of such a corporation. It has already been observed that the

argentarii had their shops round the forum: hence to become bankrupt

was expressed by _foro cedere_, or _abire_, or _foro mergi_.

ARGENTUM (ἄργυρος), silver. The relative value of gold and silver

differed considerably at different periods in Greek and Roman

history. Herodotus mentions it as 13 to 1; Plato, as 12 to 1;

Menander, as 10 to 1; and Livy as 10 to 1, about B.C. 189. According

to Suetonius, Julius Caesar, on one occasion, exchanged silver for

gold in the proportion of 9 to 1; but the most usual proportion under

the early Roman emperors was about 12 to 1. The proportion in modern

times, since the discovery of the American mines, has varied between

17 to 1 and 14 to 1. In the earliest times the Greeks obtained their

silver chiefly as an article of commerce from the Phocaeans and the

Samians; but they soon began to work the rich mines of their own

country and its islands. The chief mines were in Siphnos, Thessaly,

and Attica. In the last-named country, the silver mines of Laurion

furnished a most abundant supply, and were generally regarded as

the chief source of the wealth of Athens. The Romans obtained most

of their silver from the very rich mines of Spain, which had been

previously worked by the Phoenicians and Carthaginians, and which,

though abandoned for those of Mexico, are still not exhausted. By

far the most important use of silver among the Greeks was for money.

There are sufficient reasons for believing that, until some time

after the end of the Peloponnesian war, the Athenians had no gold

currency. [AURUM.] It may be remarked that all the words connected

with money are derived from ἄργυρος, and not from χρυσός, as

καταργυρόω, “to bribe with money;” ἀργυραμοιβός, “a money changer,”

&c.; and ἄργυρος is itself not unfrequently used to signify money

in general, as _aes_ is in Latin. At Rome, on the contrary, silver

was not coined till B.C. 269, before which period Greek silver was

in circulation at Rome; and the principal silver coin of the Romans,

the _denarius_, was borrowed from the Greek _drachma_. For further

details respecting silver money, see DENARIUS, DRACHMA. From a very

early period, silver was used also in works of art; and the use of it

for mere purposes of luxury and ostentation, as in plate, was very

general both in Greece and Rome.

ARGỸRASPĬDES (ἀργυράσπιδες), a division of the Macedonian army, who

were so called because they carried shields covered with silver

plates.

ARGỸROCŎPEION (ἀργυροκοπεῖον), the place where money was coined, the

mint, at Athens.

ĂRĬES (κριός), the battering-ram, was used to batter down the walls

of besieged cities. It consisted of a large beam, made of the trunk

of a tree, especially of a fir or an ash. To one end was fastened a

mass of bronze or iron (κεφαλή, ἐμβολή, προτομή), which resembled in

its form the head of a ram. The aries in its simplest state was borne

and impelled by human hands, without other assistance. In an improved

form, the ram was surrounded with iron bands, to which rings were

attached for the purpose of suspending it by ropes or chains from a

beam fixed transversely over it. By this contrivance the soldiers

were relieved from the necessity of supporting the weight of the ram,

and could with ease give it a rapid and forcible motion backwards and

forwards. The use of this machine was further aided by placing the

frame in which it was suspended upon wheels, and also by constructing

over it a wooden roof, so as to form a “testudo,” which protected the

besieging party from the defensive assaults of the besieged.

[Illustration: Aries, Battering Ram. (From Column of Trajan.)]

ĀRISTOCRĂTĬA (ἀριστοκρατία), signifies literally “the government of

the best men,” and as used by Plato, Aristotle, Polybius, &c., it

meant the government of a class whose supremacy was founded not on

wealth merely, but on personal distinction. That there should be

an aristocracy, moreover, it was essential that the administration

of affairs should be conducted with a view to the promotion of the

general interests, not for the exclusive or predominant advantage

of the privileged class As soon as the government ceased to be

thus conducted, or whenever the only title to political power in

the dominant class was the possession of superior wealth, the

constitution was termed an oligarchy (ὀλιγαρχία), which, in the

technical use of the term, was always looked upon as a corruption

(παρέκβασις) of an aristocracy. In the practical application of the

term aristocracy, however, the personal excellence which was held to

be a necessary element was not of a higher kind than what, according

to the deeply-seated ideas of the Greeks, was commonly hereditary in

families of noble birth, and in early times would be the ordinary

accompaniments of noble rank, namely, wealth, military skill, and

superior education and intelligence. It is to be noted that the word

ἀριστοκρατία is never, like the English term _aristocracy_, the name

of a class, but only of a particular political constitution.

[Illustration: Greek Soldier. (From an ancient vase.)

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