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
Nature herself has supplied man with the simplest and most convenient
of counters in his ten fingers. Hence naturally arises a preference
amongst primitive peoples for counting by tens, and this method, although
it has at times been supplanted partially (seldom altogether) by the
duodecimal and sexagesimal systems, which are superior by possessing a
greater number of submultiples than the decimal (_e.g._ 12 = 6 × 2, 4 ×
3, whilst 10 = 5 × 2 only), was adhered to by the Egyptians all through
their history down to the latest Pharaohs. It may then perhaps be argued
that it was through Egyptian influence with Greece that a large part of
Greece adopted for their silver a standard based on the decimal system,
especially as certain traces of Egyptian influence in very early times
have been discovered of late. But as I have already pointed out above
when discussing the theory of an Egyptian origin for the Aeginetan
standard, because standards of like weight are found in two different
regions, it by no means follows that one has borrowed from the other. If
we can point out that in both Egypt and Greece there was a standard for
gold almost identical in weight, it is at once apparent that there was
no need for the Greeks to borrow from the Egyptians the idea of making
ten silver ingots or wedges equal to one gold; especially as the decimal
idea was next to that of five the simplest and most rudimentary form of
calculation known to mankind. It is certainly preposterous to suppose
that the Greeks were too barbarous at the time when they had attained a
knowledge of silver to devise such a simple process as that of taking
the fifteen ingots of silver, which from the natural laws of supply and
demand they regarded as the equivalent of one gold ingot of like weight,
and redividing them into ten new ingots of silver. This surely will
not seem an incredible feat for the early Hellenes to perform when we
recall to mind the extraordinary skill in arithmetic which is found among
some barbarous peoples. “In West Africa a lively and continual habit of
bargaining has developed a great power of arithmetic, and little children
already do feats of computation with their heaps of cowries[289].” To
imagine that the Greeks could not perform so simple a feat as that which
I propose is to assume that they were in a far lower condition of culture
and intelligence than the negroes of West Africa, rather resembling the
lowest known tribes of men, such as the aborigines of Australia and
the savages of the South American forests. To make such an assumption
respecting a race which has shewn such an unrivalled potentiality of
progress and development as the Greeks is absurd.
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