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
A further difficulty arises in reference to the _Euboic_ standard. No
one who reflects for a moment could venture to assert that Phoenician
trade and influence were limited to Southern Greece. Yet that virtually
is the tacit assumption made by those who derive the standard from Asia.
There is evidence to shew that the Phoenicians from a very early period
frequented Euboea, doubtless attracted by its copper mines (from which
perhaps the famous city of Chalcis derived its name)[288]. Round no
spot in Hellas do more legends cluster which connect it with Phoenician
colonists than Boeotia. It was here that Cadmus settled, and introduced
the Phoenician alphabet, it was here according to Greek tradition that
Herakles, who is so strongly identified with the Phoenician Melkarth,
had his birth. Why then should the Euboeans have been behind the rest of
Hellas in receiving the Phoenician standard, which, according to Mr Head,
as we saw above, did influence so powerfully the Ionic cities of the
Asiatic seaboard, with which their commerce was so largely connected?
From these considerations it follows that before the Greeks came into
contact with either Phoenicians or Lydians they had a weight standard of
their own, the _Talanton_ of the Homeric Poems, based on the _cow_, which
was as yet only employed for the weighing of gold.
This standard we have found to be identical with one of the two chief
standards employed in historical times for _silver_, and which from first
to last was the _only_ standard employed for gold in all parts of Hellas
Proper.
As we have seen that gold was to silver in that region as 15:1, there was
not much difficulty in regarding fifteen _weights_ or staters of silver
as equivalent to one of gold of like weight. Hence there was not the same
need in Greece to devise a separate silver standard as there was in Asia,
where the relation of the precious metals stood as 13·3:1, a fact which
made simple exchange very difficult. On the other hand we have seen that
for the Aeginetans and Greeks, who used the so-called Aeginetic standard,
the decimal system, the simplest and most primitive method of reckoning,
had a powerful attraction.
Primitive peoples perform all their calculations by means of counters,
using for such purposes their fingers and toes or seeds or pebbles.
Public-domain text, read in full here on John Shaqi.
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