Meaning: The quote you have provided is from James Loeb, a prominent American businessman and philanthropist who is best known for creating the Loeb Classical Library, a series of books that presents the works of ancient Greek and Roman authors with the original text on one side and an English translation on the other. The quote reflects Loeb's passion for classical literature and his belief in the significance of Greek and Latin literature for the education and intellectual development of young people.

In this quote, Loeb expresses his lament over the limited exposure of young people to the rich literary heritage of ancient Greece and Rome. He uses the word "scant" to convey his disappointment with the inadequate knowledge of Greek and Latin literature among the younger generation. Loeb emphasizes the "wealth and variety" of these literary traditions, highlighting the abundance of literary works and genres that have come down to us from the ancient world. He also praises the "freshness and imperishable quality" of these writings, suggesting that they possess a timeless relevance and enduring appeal that transcends the boundaries of time and culture.

James Loeb's sentiment underscores the enduring value of classical literature and its enduring relevance for contemporary readers. He believed that the works of ancient Greek and Latin authors offer a unique and invaluable source of wisdom, insight, and aesthetic pleasure that should not be overlooked or neglected by the younger generation. Moreover, Loeb's efforts to make these works accessible through the creation of the Loeb Classical Library reflect his commitment to preserving and promoting the study of classical literature.

The significance of Greek and Latin literature lies in its foundational influence on Western civilization. The works of authors such as Homer, Virgil, Plato, and Sophocles have had a profound impact on the development of literature, philosophy, and the arts. Their writings have provided enduring themes, archetypes, and ideas that have continued to resonate throughout the centuries. Moreover, the study of classical literature offers a window into the cultural, social, and political context of the ancient world, providing insights into the values, beliefs, and experiences of past societies.

The exposure to Greek and Latin literature can also have a profound educational impact on young people. The study of classical texts can foster critical thinking, linguistic proficiency, and an appreciation for the power of language and storytelling. Additionally, the themes and ideas explored in these works can offer valuable lessons and perspectives that are relevant to contemporary issues and dilemmas. By engaging with the literature of ancient Greece and Rome, young readers can develop a deeper understanding of human nature, morality, and the complexities of the human experience.

In conclusion, James Loeb's quote reflects his passion for classical literature and his belief in its enduring value for the education and intellectual enrichment of the younger generation. The works of ancient Greek and Latin authors continue to offer a wealth of wisdom, beauty, and insight that transcends the boundaries of time and culture. By preserving and promoting these literary traditions, we can ensure that future generations have the opportunity to engage with the timeless treasures of classical literature.