Show ROMAN EMPIRE ONCE BOUGHT AT AUCTION BOSTON horae how e empire wai waa once sold at auction for is revealed in a bulletin made public here by the research department of the american fruit an produce auction association history records that didium Jul julianus lanus a wealthy roman senator made mad e himself emperor by bidding in the roman empire at public auction in A D the bulletin seta eta forth by off offering ering dr drachmas ch or 1000 apiece to the members ct cf the praetorian guard a total of he succeed succeeded ded to the throne over Sulpicia the next highest bidder ancient records of auctions date even further back than this his bl episode herodotus He describes auctions as m methods e th 0 d S 0 of f a sale ale a among m 0 ng the babylonians in early times in modern days the auction method of selling has been highly developed in the marketing of essential commodities in england during the reign of william III the auction system of selling was prescribed for merchandise imported by the famous east india tea company in the united states tor for more than a century fruit and vegetables to fo big city consumption have been sok by auction so successful has this system proved in meeting growers and consumers needs that today transactions involving hundreds of millions of dollars worth of fruit and produce are handled every year by auction markets in te leading american cities |