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Now the dicer and bath-plunderer and the robber belong to the class of the Stingy, for they are given to base gain: both busy themselves and submit to disgrace for the sake of gain, and the one class incur the greatest dangers for the sake of their booty, while the others make gain of their friends to whom they ought to be giving.
So both classes, as wishing to make gain from improper sources, are given to base gain, and all such receivings are Stingy. And with good reason is Stinginess called the contrary of Liberality: both because it is a greater evil than Prodigality, and because men err rather in this direction than in that of the Prodigality which we have spoken of as properly and completely such.
Let this be considered as what we have to say respecting Liberality and the contrary vices.
Next in order would seem to come a dissertation on Magnificence, this being thought to be, like liberality, a virtue having for its object-matter Wealth; but it does not, like that, extend to all transactions in respect of Wealth, but only applies to such as are expensive, and in these circumstances it exceeds liberality in respect of magnitude, because it is (what the very name in Greek hints at) fitting expense on a large scale: this term is of course relative: I mean, the expenditure of equipping and commanding a trireme is not the same as that of giving a public spectacle: “fitting” of course also is relative to the individual, and the matter wherein and upon which he has to spend. And a man is not denominated Magnificent for spending as he should do in small or ordinary things, as, for instance,
“Oft to the wandering beggar did I give,”
but for doing so in great matters: that is to say, the Magnificent man is liberal, but the liberal is not thereby Magnificent. The falling short of such a state is called Meanness, the exceeding it Vulgar Profusion, Want of Taste, and so on; which are faulty, not because they are on an excessive scale in respect of right objects but, because they show off in improper objects, and in improper manner: of these we will speak presently. The Magnificent man is like a man of skill, because he can see what is fitting, and can spend largely in good taste; for, as we said at the commencement, [Sidenote: 1122b] the confirmed habit is determined by the separate acts of working, and by its object-matter.
Well, the expenses of the Magnificent man are great and fitting: such also are his works (because this secures the expenditure being not great merely, but befitting the work). So then the work is to be proportionate to the expense, and this again to the work, or even above it: and the Magnificent man will incur such expenses from the motive of honour, this being common to all the virtues, and besides he will do it with pleasure and lavishly; excessive accuracy in calculation being Mean. He will consider also how a thing may be done most beautifully and fittingly, rather, than for how much it may be done, and how at the least expense.
So the Magnificent man must be also a liberal man, because the liberal man will also spend what he ought, and in right manner: but it is the Great, that is to say tke large scale, which is distinctive of the Magnificent man, the object-matter of liberality being the same, and without spending more money than another man he will make the work more magnificent. I mean, the excellence of a possession and of a work is not the same: as a piece of property that thing is most valuable which is worth most, gold for instance; but as a work that which is great and beautiful, because the contemplation of such an object is admirable, and so is that which is Magnificent. So the excellence of a work is Magnificence on a large scale. There are cases of expenditure which we call honourable, such as are dedicatory offerings to the gods, and the furnishing their temples, and sacrifices, and in like manner everything that has reference to the Deity, and all such public matters as are objects of honourable ambition, as when men think in any case that it is their duty to furnish a chorus for the stage splendidly, or fit out and maintain a trireme, or give a general public feast.
Now in all these, as has been already stated, respect is had also to the rank and the means of the man who is doing them: because they should be proportionate to these, and befit not the work only but also the doer of the work. For this reason a poor man cannot be a Magnificent man, since he has not means wherewith to spend largely and yet becomingly; and if he attempts it he is a fool, inasmuch as it is out of proportion and contrary to propriety, whereas to be in accordance with virtue a thing must be done rightly.
Such expenditure is fitting moreover for those to whom such things previously belong, either through themselves or through their ancestors or people with whom they are connected, and to the high-born or people of high repute, and so on: because all these things imply greatness and reputation.
So then the Magnificent man is pretty much as I have described him, and Magnificence consists in such expenditures: because they are the greatest and most honourable: [Sidenote:1123a] and of private ones such as come but once for all, marriage to wit, and things of that kind; and any occasion which engages the interest of the community in general, or of those who are in power; and what concerns receiving and despatching strangers; and gifts, and repaying gifts: because the Magnificent man is not apt to spend upon himself but on the public good, and gifts are pretty much in the same case as dedicatory offerings.
It is characteristic also of the Magnificent man to furnish his house suitably to his wealth, for this also in a way reflects credit; and again, to spend rather upon such works as are of long duration, these being most honourable. And again, propriety in each case, because the same things are not suitable to gods and men, nor in a temple and a tomb. And again, in the case of expenditures, each must be great of its kind, and great expense on a great object is most magnificent, that is in any case what is great in these particular things.
There is a difference too between greatness of a work and greatness of expenditure: for instance, a very beautiful ball or cup is magnificent as a present to a child, while the price of it is small and almost mean. Therefore it is characteristic of the Magnificent man to do magnificently whatever he is about: for whatever is of this kind cannot be easily surpassed, and bears a proper proportion to the expenditure.
Such then is the Magnificent man.
The man who is in the state of excess, called one of Vulgar Profusion, is in excess because he spends improperly, as has been said. I mean in cases requiring small expenditure he lavishes much and shows off out of taste; giving his club a feast fit for a wedding-party, or if he has to furnish a chorus for a comedy, giving the actors purple to wear in the first scene, as did the Megarians. And all such things he will do, not with a view to that which is really honourable, but to display his wealth, and because he thinks he shall be admired for these things; and he will spend little where he ought to spend much, and much where he should spend little.