Expenditure and giving are thought to be the using of money, but receiving and keeping one would rather call the possessing of it. And so the giving to proper persons is more characteristic of the Liberal man, than the receiving from proper quarters and forbearing to receive from the contrary. In fact generally, doing well by others is more characteristic of virtue than being done well by, and doing things positively honourable than forbearing to do things dishonourable; and any one may see that the doing well by others and doing things positively honourable attaches to the act of giving, but to that of receiving only the being done well by or forbearing to do what is dishonourable.

Besides, thanks are given to him who gives, not to him who merely forbears to receive, and praise even more. Again, forbearing to receive is easier than giving, the case of being too little freehanded with one's own being commoner than taking that which is not one's own.

And again, it is they who give that are denominated Liberal, while they who forbear to receive are commended, not on the score of Liberality but of just dealing, while for receiving men are not, in fact, praised at all.

And the Liberal are liked almost best of all virtuous characters, because they are profitable to others, and this their profitableness consists in their giving.

Furthermore: all the actions done in accordance with virtue are honourable, and done from the motive of honour: and the Liberal man, therefore, will give from a motive of honour, and will give rightly;

I mean, to proper persons, in right proportion, at right times, and whatever is included in the term “right giving:” and this too with positive pleasure, or at least without pain, since whatever is done in accordance with virtue is pleasant or at least not unpleasant, most certainly not attended with positive pain.

But the man who gives to improper people, or not from a motive of honour but from some other cause, shall be called not Liberal but something else. Neither shall he be so