Chapter 16 - Page 2

positions by having been liberal,
and by being considered so, I answer: Either you are a prince in fact,
or in a way to become one. In the first case this liberality is
dangerous, in the second it is very necessary to be considered
liberal; and Caesar was one of those who wished to become pre-eminent
in Rome; but if he had survived after becoming so, and had not
moderated his expenses, he would have destroyed his government. And if
any one should reply: Many have been princes, and have done great
things with armies, who have been considered very liberal, I reply:
Either a prince spends that which is his own or his subjects' or else
that of others. In the first case he ought to be sparing, in the
second he ought not to neglect any opportunity for liberality. And to
the prince who goes forth with his army, supporting it by pillage,
sack, and extortion, handling that which belongs to others, this
liberality is necessary, otherwise he would not be followed by
soldiers. And of that which is neither yours nor your subjects' you
can be a ready giver, as were Cyrus, Caesar, and Alexander; because it
does not take away your reputation if you squander that of others, but
adds to it; it is only squandering your own that injures you.

And there is nothing wastes so rapidly as liberality, for even whilst
you exercise it you lose the power to do so, and so become either poor
or despised, or else, in avoiding poverty, rapacious and hated. And a
prince should guard himself, above all things, against being despised
and hated; and liberality leads you to both. Therefore it is wiser to
have a reputation for meanness which brings reproach without hatred,
than to be compelled through seeking a reputation for liberality to
incur a name for rapacity which begets reproach with hatred.