The result of his experiments was that he found himself completely impoverished, and lived in penury for the remainder of his life.
As the war went on the naval power of the Greeks diminished, partly owing to the penury of their treasury, and partly to the growth of piracy in the general anarchy of the Eastern Mediterranean.
In the penury of the dockyards Holmes could not be provided with the force he was promised, and the enterprise was but partially successful.
But during the greater part of his reign he was the puppet of the magnates and kept in such penury that he was often obliged to pawn his jewels to get proper food and clothing.
For himself he prized above all things the wisdom that is virtue, and in the task of producing it he endured the hardest penury, maintaining that such life was richer in enjoyment than a life of luxury.