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
To sum up then the results of our enquiry into the Assyrio-Babylonian
system, we started with the so-called light shekel or ox-unit as the
basis of the system; and found that gold and silver were weighed by it
and by its fifty-fold, the _maneh_, which may have been itself a natural
measure of capacity, such as the catty used in Eastern Asia, where we
know for certain that this weight was originally a measure of capacity
obtained from the joints of bamboos or the cocoanut; that in a certain
part of the empire a need was felt for a slightly heavier unit for the
weighing of silver and precious commodities such as gums and spices, and
that accordingly the great trading Aramaic peoples used the two-fold
of the ox-unit (260 grains Troy); that at the earliest period copper
would not be sold by weight but would be sold by bars or plates of fixed
dimensions, as is still the practice with iron and copper among the
barbarous peoples of Further Asia and Africa; that with the advance of
culture the art of weighing was extended to copper and other articles
of small value in proportion to their bulk, and that, as the maneh, or
contents of a gourd, and the _load_ or amount that a man could carry
on his back, had been most probably in general use as units for common
merchandise, the time came when under the all-mastering authority of
the Great King a standard based on the ancient ox-unit, but framed on
the new scientific sexagesimal system, was established for copper and
certain other kinds of merchandise; that in this system 60 shekels made
the maneh, and the _load_ (the _kikkar_ or talent) was adjusted to the
new system as the sixty-fold of the maneh; and that in the course of time
this higher unit of the _kikkar_ or talent was added to the gold and
silver systems, sixty manehs in each case making the _kikkar_ as in the
case of the royal or commercial system; that in the case of silver, which
on its first discovery and employment was as valuable as gold, and was
therefore weighed on the same standard, when in course of time it became
about thirteen times less valuable than gold, and there was a difficulty
experienced in exchanging the units of gold and silver; a separate
standard was created by dividing into ten new parts or shekels the
amount of silver which was the equivalent of the gold shekel (ox-unit);
that this was probably developed before the royal commercial mina of
60 shekels had been formed, as in that case the silver mina would have
contained 60 shekels likewise; we were able to give an explanation of the
name _royal_ as applied to the commercial standard by regarding it as of
late origin, created by a supreme central authority for the regulation of
the commerce of a great empire made up of a heterogeneous mass of races,
just as in the present century our own _imperial_ standards have been
fixed for the whole kingdom, being based, as was the Babylonian, on an
ancient unit empirically obtained; and just as the royal arms are stamped
Public-domain text, read in full here on John Shaqi.
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