The Origin of Metallic Currency and Weight StandardsRidgeway, William
History
The Origin of Metallic Currency and Weight Standards
Ridgeway, William
Money -- Origin; Weights and measures -- History
I shall refrain from any discussion of the merits of either view for
the present. I will only add one observation: Mr Soutzo (p. 17) regards
the Italian weight standards as borrowed from the East, and starts
with bronze as the earliest stage in the history of the weights. The
only clearly defined unit of Roman growth according to him is the
Centupondium, which he says is the same as the Assyrian talent. From
this the Romans obtained their own libra or pound by dividing their
talents into 100 parts instead of 60. We shall find hereafter that this
is an untenable position, but meantime it is interesting to find the
Centupondium, or sum of 100 _asses_ taken by an unprejudiced writer as
the basis of the Roman system in the light of the fact that the ancient
Roman value of the cow is likewise 100 _asses_. If Mr Soutzo was right,
our thesis finds complete support, as it would plainly appear in that
case that, although the Italians received their weight-unit ready made,
they found it nevertheless necessary to equate the new metallic unit so
obtained to the cow, the older unit of barter.
In Sicily we have an opportunity not merely of finding the approximate
value of a cow in gold without having to deal with the disturbing
question of the relative value of copper and silver, but also of showing
that Soutzo’s relation of 120:1 as that between silver and copper in
early Italy must certainly be wrong, and that Mommsen’s view is in the
main correct. The famous Sicilian poet Epicharmus has left us a line:
“Buy me straightway a nice heifer calf for ten _nomoi_[188].” As regards
the value of the _nomos_, or _nummus_ (νόμος or νοῦμμος), Pollux supplies
us with some definite information.
Public-domain text, read in full here on John Shaqi.
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