Greek Texts & Translations

34.1The request that I shall make of you, men of the jury, is a fair one, that you should hear us with goodwill as we speak in our turn, ^note knowing well that we are wholly without experience in the art of speaking; and long as we have been frequenting your mart, and many as are the merchants to whom we have made loans, we have never until now appeared in any suit before you either as plaintiffs or as defendants. 34.2And you may be sure, men of Athens, that we should not even now have brought this action against Phormio, if we believed that the money which we lent him had been lost on the ship that was wrecked; we are not so shameless nor so unaccustomed to losses. But as many have kept taunting us, and especially those who were in Bosporus with Phormio, who knew that he had not lost the money together with the ship, we thought it a dreadful thing not to seek redress after being wronged as we had been by this man.

34.3With reference to the special plea my argument is a brief one. For even the defendants do not absolutely deny that a contract was made on your exchange ^note; but they claim that there exists no longer any obligation on their part due to the contract, for they have done nothing that contravenes the terms of the agreement. 34.4The laws, however, in accordance with which you sit as jurors, do not use this language. They do indeed allow the production of a special plea when there has been no contract at all at Athens or for the Athenian market; but if a man admits that a contract was made, yet contends that he has done everything that the contract requires, they bid him to make a defence on the merits of the case, and not to make the plaintiff a defendant. ^note Not but that I hope to prove from the facts of the case itself that this suit of mine is admissible. 34.5And I beg you, men of Athens, to consider what is admitted by these men, and what is disputed; for in this way you will best sift the question. They admit that they borrowed the money, and that they had contracts made to secure the loan; but they claim that they have paid the money to Lampis, the servant of Dio, in Bosporus. We, on our part, shall prove, not only that Phormio did not pay it, but that it was actually impossible for him to pay it. But I must recount to you a few of the things that happened at the outset.

34.6I, men of Athens, lent to this man, Phormio, twenty minae for the double voyage to Pontus and back, on the security of goods of twice that value, ^note and deposited a contract with Cittus the banker. But, although the contract required him to put on board the ship goods to the value of four thousand drachmae, he did the most outrageous thing possible. For while still in the Peiraeus he, without our knowledge, secured an additional loan of four thousand five hundred drachmae from Theodorus the Phoenician, and one of one thousand drachmae from Lampis the shipowner. 34.7And, whereas he was bound to purchase at Athens a cargo worth one hundred and fifteen minae, ^note 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

34.8When he came, then, to Bosporus, having letters from me, which I had given him to deliver to my slave, who was spending the winter there, and to a partner of mine,—in which letter I had stated the sum which I had lent and the security, and bade them, as soon as the goods should be unshipped, to inspect them and keep an eye on them,—the fellow did not deliver to them the letters which he had received from me, in order that they might know nothing of what he was doing; and, finding that business in Bosporus was bad owing to the war which had broken out between Paerisades ^note and the Scythian, and that there was no market for the goods which he had brought, he was in great perplexity; for his creditors, who had lent him money for the outward voyage, were pressing him for payment.