Northern and Central India, the parts more immediately under the Mogul
empire, were silver-standard countries. The silver rupee (sicca, = 192
grains) was the standard; and the golden rupee of the same weight,
called an Ashráfi, or gold mohur, was valued at 16 rupees, though
generally more, according to the market-value of gold. The E.I.C.
continued to strike gold mohurs, with halves, thirds and quarters. Other
gold coins were current, notably the Venetian zechin, and the
approximate correspondence of this coin to the quarter-mohur caused the
latter to be commonly known as a ‘chick.’[39]
Footnote 39:
At whist, high play was for ‘Rupee points and a chick on the rub.’
Southern India offers the curious instance of a gold-standard country (a
century ago) having changed to a silver standard. The pagoda has
disappeared in currency. The beautiful Farūki pagoda of Tippoo is still
to be found; and the Venetian zechin with its archaic design, never
changed since it was first struck in the thirteenth century, is highly
esteemed in the household treasuries of affluent Indians for its great
purity. The word zechin or sequin is derived from sikkah, ‘coin.’ The
usual Persian inscription on the Mogul coinage, continued by the E.I.C.,
is _Shah Alam, bádshah gházi, sikkah mubárak_ (Shah Alam, king
victorious, coin auspicious).[40]
Footnote 40:
The E.I.C. continued the custom of inscriptions on coins being in
Persian, the polite language of Moslem India.
4. DECIMAL CURRENCY
It is scarcely necessary to describe the decimal systems of which the
Dollar currency is the type. They have some advantages in numeration
with the counterbalancing defects of all decimal series. Division of the
dollar stops at a quarter; then there is a drop to 10 cents, and that
coin has no quarter. Any thirding can only be approximate.
------------------------------------------------------------------------
CHAPTER XIV
MEASURES OF TIME
The primitive divisions of time were the day (the civil day between two
sunrises or sunsets), and the lunar month taken as 30 days instead of
the actual 29-1/2. Twelve lunar months made a calendar year of 360 days,
to which were added, in ancient Egypt, five intercalary days. The
additional day required every fourth year was called by the Romans
_bissextum calendis_, as it was introduced by repeating the sixth day of
the calends of March (our February 24).
From the 360 calendar days of the year was derived the division of the
sun’s apparent path on the ecliptic (and of every other circle) into 360
degrees. The ecliptic was divided, like the year, into twelve equal
parts named from the constellations to which they corresponded; each of
these was of 30 parts.
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