"Caesar did not confine himself to helping the debtor for the moment; he did what as legislator he could, permanently to keep down the fearful omnipotence of capital. First of all the great legal maxim was proclaimed, that freedom is not a possession commensurable with property, but an eternal right of man, of which the state is entitled judicially to deprive the criminal alone, not the debtor. It was Caesar, who, perhaps stimulated in this case also by the more humane Egyptian and Greek legislation, especially that of Solon, introduced this principle--diametrically opposed to the maxims of the earlier ordinances as to bankruptcy-- into the common law, where it has since retained its place undisputed. According to Roman law the debtor unable to pay became the serf of his creditor. The Poetelian law no doubt had allowed a debtor, who had become unable to pay only through temporary embarrassments, not through genuine insolvency, to save his personal freedom by the cession of his property; nevertheless for the really insolvent that principle of law, though doubtless modified in secondary points, had been in substance retained unaltered for five hundred years; a direct recourse to the debtor's estate only occurred exceptionally, when the debtor had died or had forfeited his burgess-rights or could not be found. It was Caesar who first gave an insolvent the right--on which our modern bankruptcy regulations are based-- of formally ceding his estate to his creditors, whether it might suffice to satisfy them or not, so as to save at all events his personal freedom although with diminished honorary and political rights, and to begin a new financial existence, in which he could only be sued on account of claims proceeding from the earlier period and not protected in the liquidation, if he could pay them without renewed financial ruin."

“It is true that to one who was a rustic and a soldier the political proceedings of the capital were strange and incongruous: he spoke as ill as he commanded well, and displayed a far firmer bearing in the presence of the lances and swords of the enemy than in presence of the applause or hisses of the multitude; but his inclinations were of little moment. The hopes of which he was the object constrained him.”

“Fate is mightier than genius. Caesar desired to become the restorer of the civil commonwealth, and became the founder of the new military monarchy which he abhorred; he overthrew the regime of aristocrats and banks in the state, only to put a military regime in their place, and the commonwealth continued as before to be tyrannized and turned to profit by a privileged minority. And yet it is a privilege of the highest natures thus creatively to err. The brilliant attempts of great men to realize the ideal, though they do not reach their aim, form the best treasures of nations.”

“Once more Rome stood on the verge of that abyss, into which the despairing debtor drags his creditor along with him. But since that time the simple civil and moral organization of a great agricultural city had been succeeded by the social antagonisms of a capital of many nations, and by that demoralization in which the prince and the beggar meet; now everything had come to be on a braoder, more abrupt, and fearfully grander scale. When the social war brought all the political and social elements fermenting among the citizens into collision with each other, it laid the foundation for a new revolution.”

“The history of the Jewish land is as little the history of the Jewish people as the history of the States of the Church is that of the Catholics; it is just as requisite to separate the two as to consider them together.”

“Mankind have infinite difficulty in reaching new creations, and therefore cherish the once developed forms as sacred heirlooms.”

“..personal credit was guaranteed in the most summary and extravagant fashion; for the law entitled the creditor to treat his insolvent debtor like a thief, and granted to him in sober earnest by legislative enactment what Shylock, half in jest, stipulated for from his mortal enemy, guarding indeed by special clauses the point as to cutting off too much more carefully than did the Jew.”