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
Crossing to the eastern side of Africa we find the natives of Madagascar
employing a system, the basis of which is a grain of rice. “The Malagasy
have no circulating medium of their own. Dollars are known more or less
throughout the island: but in many of the provinces trade is carried on
principally by an exchange of commodities. The Spanish dollar, stamped
with the two pillars, bears the highest value. For sums below a dollar
the inconvenient method is resorted to in the interior, of weighing the
money in every case. Dollars are cut up into small pieces, and four iron
weights are used for the half, quarter, eighth, and twelfth of a dollar.
Below that amount, divisions are effected by combinations of the four
weights, and also by means of grains of rice, even down so low as one
single grain—“Vary vray venty,” one plump grain, valued at the seven
hundred and twentieth part of a dollar”[246]. The grain of rice therefore
weighs ⁵⁄₉ gr. troy (·036 gram). As gold is not found in Madagascar[247]
the natives could not weigh it first of all things; but they have carried
out the principle of taking silver, the most precious article they
possessed, as the first object to be weighed.
In this chapter, therefore, we have sought the method by which weight
standards are fixed among primitive and semi-civilized peoples; we have
studied the system or systems of China, Cochin-China, Cambodia, Laos
and the great Islands of the Indian Ocean. Everywhere we have received
the self-same answer, everywhere the lowest unit is nothing more than
a natural seed or grain. We found in two places in the area studied,
amongst the Tapaks of Annam and the Malays of Sumatra, the art of
weighing in its earliest infancy; only one product, gold, as yet being
weighed, and the weight unit employed for it being a grain of rice or
maize. We found that this smallest natural unit of gold was amongst the
Bahnars equated to the smallest unit of barter in use among them, the
hoe, whilst their highest unit was the buffalo; and that by a simple
process based on the known relation existing in value between the
hoe, the _muk_, the jar, and the buffalo, there was no difficulty in
arriving empirically at the exact value in gold of a buffalo. We found
also that the two higher units of weight the _picul_, and the _catty_,
which in almost every case were found to be confined to the ordinary
merchandise, were beyond reasonable doubt not originally multiples of the
lower the _tael_, but were really natural units obtained by a totally
different process; the _picul_ being the amount which an average man can
conveniently carry on his back, the _catty_, as seen especially in the
case of the _neal_ of Cambodia, being nothing more than the cocoa-nut
shell used as the ordinary measure of capacity, as a gourd of a certain
kind is employed at Zanzibar, as the hen’s egg was employed by the
Hebrews and also by the ancient Irish, as the cochlea or mussel shell
Public-domain text, read in full here on John Shaqi.
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