The First Oration Against Stephanus stands apart from the other speeches delivered by Apollodorus which, though certainly spurious, are included in the Demosthenic corpus. It does not share their amateurish qualities and is commonly regarded as a genuine work of Demosthenes. But admirers of the orator would be happier if it could be proved spurious. It may, for all we know, have been an acceptable practice in the fourth century for Athenian speech-writers to write for both sides, but (like Plutarch) we cannot help thinking the worse of him if he supported Apollodorus in an attack on Phormio, after previously writing a speech for Phormio. The Pro Phormione was delivered in support of a paragraphe to show that Apollodorus had no basis for an action against Phormio. It made such an impression on the jury that they would not even listen to any reply, and Apollodorus now tries to recover himself by bringing an action for false evidence against Stephanum, who had been one of Phormio’s witnesses. Like the other speeches delivered by Apollodorus In Stephanum i seems to have been recognized and accepted by Callimachus in his collection of Demosthenic speeches, and Plutarch takes it to be genuine. Aeschines charges Demosthenes with letting Apollodorus see the speech that he wrote for Phormio, before it was delivered. He regards this an an indication of his lack of integrity, but says nothing about writing for both sides. It has been argued that Demosthenes wrote the speech as a political favour for Apollodorus, who shared his views about the Theoric Fund, but this explanation, though widely accepted by modern scholars, is not supported by any ancient writer.
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