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ONE:The South Sea Company had immediately on the passing of the Bill proposed a subscription of one million, and this was so eagerly seized on that, instead of one, two millions were subscribed. To stimulate this already too feverish spirit in the public, the Company adopted the most false and unjustifiable means. They had eight millions and a half to pay over to Government as a douceur for granting them the management of the Funds; and, therefore, to bring this in rapidly, they propagated the most lying rumours. It was industriously circulated that Lord Stanhope had received overtures at Paris to exchange Gibraltar and Port Mahon for invaluable gold lands in Peru! The South Sea trade was vaunted as a source of boundless wealth in itself. In August the stock had risen from the one hundred and thirty of the last winter to one thousand! Men sold houses and land to become shareholders; merchants of eminence neglected their affairs and crippled their resources to reap imaginary profits. The Company flattered the delusion to the utmost. They opened a third, and even a fourth subscription, larger than the former, and passed a resolution that from next Christmas their yearly dividend should not be less than fifty per cent.! In labouring to increase the public delusion they seem to have caught the contagion themselves, for they began to act, not like men who were blowing a bubble which they knew must speedily burst, but like persons who had mounted permanently into the very highest seat of prosperous power. They assumed the most arrogant and overbearing manner, even towards men of the highest station and influence. "We have made them kings," said a member of Parliament, "and they deal with everybody as such."We have now reached a point in history where the Greek intellect seems to be struck with a partial paralysis, continuing for a century and a half. During that period, its activity��what there is of it��is shown only in criticism and erudition. There is learning, there is research, there is acuteness, there is even good taste, but originality and eloquence are extinct. Is it a coincidence, or is it something more, that this interval of sterility should occur simultaneously with the most splendid period of Latin literature, and that the new birth of Greek culture should be followed by the decrepitude and death of the Latin muse? It is certain that in modern Europe, possessing as it does so many independent sources of vitality, the flowering-times of different countries rarely coincide; England and Spain, from the middle of the sixteenth to the middle of the seventeenth century, being the only instances that we can recall of two countries almost simultaneously reaching the highest point of their literary development. Possibly, during the great age of Latin literature, all the most aspiring Greeks found employment as tutors in Roman families; while the reading public of the West were too much absorbed by the masterpieces composed in their own language,166 or too elated with the consciousness of a new superiority, to encourage the rivalry of those from whom they had wrested not only poetical independence, but also, what till then had never been disputed with the Greeks, supreme dominion in the world of mind. It is, at any rate, significant that while Greek was the favourite language of Roman lovers in the time of Lucretius and again in the time of Juvenal, there are no allusions to its having been employed by them during the intermediate period.264 Be this as it may, from the fall of the Republic to the time of Trajan, philosophy, like poetry and eloquence��or at least all philosophy that was positive and practical��became domiciled in Rome, and received the stamp of the Roman character. How Stoicism was affected by the change has been pointed out in a former chapter. What we have now to study is chiefly the reaction of Rome on the Greek mind, and its bearing on the subsequent development of thought.