Peculium

Definition and stakes

A. H. J. Greenidge,  Roman Public Life

“ The children and their descendants are never released from the absolute rule of the father as long as he lives. They cannot own property; for all that they acquire belongs to the common stock and is at the disposal of the head of the family. At best the father might permit the son, as he might permit the slave, to employ his own earnings for his own use. This is the peculium. ”
Source: Gutenberg

Arthur E. R. Boak,  A History of Rome to 565 A. D

“ Not only were large numbers set free at the death of their owners as a final act of generosity, but also many found it profitable to liberate their slaves and provide them with capital to engage in business for themselves. Many slaves also [pg 296] had good opportunities for accumulating a small store of money (peculium) with which they could purchase their freedom.
The result of these wholesale manumissions was a tremendous increase in the freedmen class. Foreseeing the effect that this would have upon the Roman citizen body, Augustus endeavored to restrict the right of emancipation.
”
Source: Gutenberg

Portrait of Carter Godwin Woodson Carter Godwin Woodson,  The History of the Negro Church

“ Yet inasmuch as it would be difficult to change slaves from a servile state to a participation in all the privileges of society without proper education and previous habits of industry, it recommended to all persons holding slaves to give them such education as might prepare them for the better enjoyment of freedom, and recommended further that in those cases in which the masters found the slaves disposed to make just improvement of the privilege they should give them "a peculium or sufficient time and sufficient means for procuring their liberty at a moderate rate." ”
Source: Gutenberg

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