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 to Augustus and Tiberius. Augustus had to offer to the monster, as Tiberius called the Empire, almost all his family, beginning with the beloved Julia, and had to spend for the state almost all his fortune. We know that although in the last twenty years of his life he received by many bequests a sum amounting to a billion and four hundred million sesterces, he left his heirs only one hundred and fifty million sesterces, all the rest having been spent by him for the Republic: this was the singular civil list of this curious monarch, who, instead of fleecing his subjects, spent for them almost all he had. It is vain to speak of Tiberius: the Empire cost him the only thing that perhaps he held dear, his fame. A philosophic history would be wrong in not recognising the grandeur of these sacrifices, which are the last glory of the Roman nobility. The old political spirit of the Roman nobility gave to Augustus and Tiberius the strength to make these sacrifices, and they probably saved ancient civilisation from a most difficult crisis.

It may be observed that Augustus and Tiberius worked for the Empire and the future without realising it. Far from understanding that the economic progress of their time would unify the Empire better than could their laws and