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
contract to the amount of an ox, the fifth is the contract to the amount
of a man (human being), the sixth is the contract to the amount of a
field, a field in good land, a fruitful one in good bearing[42].”
From these extracts it is plain that the ancient Persians had a system
of clearly defined relations in value between all their worldly gear,
whether the object was a slave or an ox, or a lamb or a field, precisely
like that existing at the present moment among the hill tribes of Annam.
But not simply was it between one kind of animal and another, but they
had evidently strict notions as regards the inter-relations in value
of different animals of the same kind; thus the ox of high value, the
ox of low value, the cow of three years old, or the bull all stood to
one another in a fixed relationship. We may without hesitation conclude
that the same system of conventional values prevailed among the ancient
Hindus. Nor can we doubt that articles of every kind, such as arrows,
spears, axes, and articles of personal use and adornment all had their
regularly recognized prices, and that the less valuable of them were used
as small change. Gold, no doubt, occupied an important place in relation
to the other forms of property in portions of fixed size or weight, as
in the days of Marco Polo. In mediaeval times in parts of India money
consisted of pieces of iron worked into the form of large needles, and in
some parts stones which we call cat’s eyes, and in others pieces of gold
worked to a certain weight were used for moneys, as we are told by Nicolo
Conti, who travelled in India in the 15th century[43]. If iron was so
employed at this late date we may well infer that bronze and afterwards
iron were probably so used by the ancient Indo-Iranian people.
[Illustration: FIG. 6. Fish-hook money (_Larina_).]
[Illustration: FIG. 7. Siamese silver bullet money: A. B. Early form as
simple piece of wire. C. Last stage of degradation.]
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