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[7] And, whereas he was bound to purchase at Athens a cargo worth one hundred and fifteen minae,1 if he was to perform for all his creditors what was written in their agreements, he purchased only a cargo worth five thousand five hundred drachmae, including the provisions; while his debts were seventy-five minae. This was the beginning of his fraud, men of Athens; he neither furnished security, nor put the goods on board the ship, although the agreement absolutely bade him do so.

Take the agreement, please.“ Agreement

Now take also the entry made by the customs-officers and the depositions.“ Entry of the Customs ”“ Depositions

1 If the loans were all made on the same basis (i.e. on the security of goods of a value twice as great as the loan) we should have to read one hundred and fifty instead of one hundred and fifteen, as the combined loans amounted to seventy-five minae. It is possible, however, that Theodorus and Lampis, whose loans were for the outward voyage only, and who sailed with Phormio, accepted a lower rate than that demanded by Chrysippus and his partner, who remained in Athens.

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