The Fayum towns were settled by Roman veterans after Augustus conquered Egypt, though the small number of Latin papyri found in Karanis (only two) and the overwhelming number of Greek papyri from or concerning these veterans from this period suggest that these new soldiers may not have been culturally Roman but instead Greek, or at the very least from the Eastern empire.[6] "The peace and political stability brought by Augustus and kept alive by his successors, meant prosperity for generations of landholders at Karanis well into the second century.