Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
_ 285 Townsend_, Journey in Spain, I, 115, 310. In the patriarchal age of
the Jews, there was a relatively very large quantity of ornamental
objects in gold and silver: _Michælis_, De Pretiis Rerum apud
Hebræos, in the Comm. Soc. Götting., III, 151 ff., 160. Conservative
Sparta, in the middle age of its history, was certainly not rich,
and yet it had more gold and silver than any other Grecian state:
_Plato_, Alcib., I, 123. According to _St. John_, The Hellenes, III,
142, the ancients had relatively much more of the precious metals in
the form of objects for ornament than the moderns. The Romans, with
their usual good sense, did not make use of silver as an article of
luxury until they had attained great wealth. See _Cato_, R. R., ch.
23, and _Seneca_, De Vita beata, ch. 21. Then the Carthaginian
ambassadors railed at their hosts because they found the same pieces
of table silver in all the houses to which they were invited. The
younger Scipio, even, did not possess more relatively than 32 pounds
of silver ware. _Mommsen_, Römische Geschichte, II, 383. The
relatively great importance of the stores for domestic use,
nevertheless, runs through the whole of Roman history. The title _de
penu legato_, in the Pandects (Digest, XXIII, 9), points to this,
during the reign of the emperors, and in earlier times, the
derivation of _penates_ from _penu_. See _Rodbertus_, in
_Hildebrand’s_ Jahrbuch, 1870, I, 365. Immense importance of the
ring in the old north countries: _Weinhold_, Altnord. Leben, 184 ff.
The age of chivalry was very rich in silver plate, cups, basins,
etc. _Büsching_, Ritterzeit und Ritterwesen, II, 137. _Anderson_,
Origin of Commerce, a. 1386. _Lord Burleigh_, in the age of queen
Elizabeth, left after him between fourteen and fifteen thousand
pounds sterling in silver ware; that is almost as much as the rest
of his whole estate; and, it would seem, that for a man of his rank,
even this was not considered a great deal. _Collins’_ Life of B.,
44. According to _Giustiniani_, cardinal Wolsey owned articles of
silver to the value of 1,500,000 ducats, and the greater number of
the lords of the time were equally well provided with them.
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