The distillation of Catos’s wisdom (and probably his best advice) can be summarised in the following sentence “The master has to be a selling man, not a buying man.” This is the traditional advice of frugality and simplicity, where loans remained an anathema. In Cato’s advice to the manager (not the owner this time) he insists that: “He must lend to no one but ensure that the owner’s loans are repaid. He must have no loans out to anyone, of seed for sowing, food, wheat, wine or oil: there should be two or three households from whom he can ask necessities and to whom he can give, but no others. He must regularly make up accounts with the owner.” Although he does not moralise on the ‘evil’ of loans, he would not willingly accept such an agreement inflicted upon him, unless, of course, it is the owner that provides the loan
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