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The aerarium militare was the military treasury of Imperial Rome.It was instituted by Augustus, the first Roman emperor, as a "permanent revenue source" [1] for pensions (praemia) for veterans of the Imperial Roman army.
Emperor Augustus began the practice of granting retired soldiers a benefit known as the missio nummaria which gave soldiers financial compensation. Legionaries could earn the equivalent of 10 to 13 years of their wages from this. Another benefit was a land grant known as the missio agraria. [3]
A necklace containing 2,930 diamonds including the world's seventh largest diamond, the 428 carat "De Beers", the Patiala Necklace vanished from the Royal Treasury of Patiala around 1948. Some diamonds were later recovered. Nelson's Chelengk: Confirmed 1951
Besides creating the fiscus, Augustus also established in AD 6 a military treasury (aerarium militare) as a fund for veterans' retirement benefits. It was first endowed by 170 million sesterces of the emperor's own funds, supported by new taxes, a five per cent inheritance tax and a one per cent sales tax on auctions.
The term veteran in ancient Rome designated a soldier at the end of his service, in whatever corps he had served (praetorian or urban cohorts, legions, auxiliary army, navy). [1] Length of service is a concept that evolves with the same history of organization of Rome's army and within it the figure of the miles. The veteran, initially, is a ...
Jul. 13—WILKES-BARRE — The Pennsylvania Department of Military and Veterans Affairs (DMVA) encourages veterans who need assistance with locating their lost DD Form 214 (DD-214) and other ...
An estimated 90 percent of human Amazonian history is lost within the jungle itself. A new discovery has uncovered a small-but-substantial piece of that history.
The much lower remuneration for 4th-century soldiers is reflected in total army costs. Duncan-Jones estimates the total annual cost of the military in c. 150 AD at c. 670 million sesterces. [22] This is 167.5 million denarii. This translates into 1.67 million aurei or 168,000 pounds of gold for an army of 387,000 all costs. This compares with ...