The Emperor pretended to be exceedingly indignant at this, and subsequently published an edict forbidding a pound of silk to be sold for more than eight gold pieces; anyone who disobeyed the edict was to be punished by the confiscation of his property.

This measure appeared altogether impracticable and absurd.
For it was not possible for the merchants, who had bought their wares at a much higher price, to sell it to customers at a lower rate.

They accordingly resolved to give up this business, and secretly and without delay disposed of their remaining wares to certain well-known persons, who took delight in wasting their money upon such adornments, and to whom it had become in a manner an absolute necessity.

Theodora heard of this from certain persons who whispered it confidentially, and, without taking the trouble to verify the report, she immediately deprived these persons of their wares, and, in addition, inflicted upon them a fine of a centenar of gold.

At the present time, the imperial treasurer is charged with the superintendence of this trade.
When Peter Barsyames held the office, they soon allowed him all manner of licence in carrying out his nefarious practices.