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
We are now come to the most important portion of our task, the
development of the Greek and Italic systems. In the Homeric Poems we
found the Talanton (or value of a cow in gold) the sole unit of weight,
and that only employed for gold. This Talanton has been shown to be the
same in weight as the light gold shekel of Asia Minor, which, under the
form of coin, we have just been discussing as the Croesean stater and
Persian Daric. It was therefore nothing else than the Euboic or Attic
stater of historical times, which at all periods and at all places that
fall within our knowledge formed the sole unit for the weighing of gold.
Besides the Talanton based on the ox, there was in all probability
another higher unit in occasional use in Greece Proper. This was the
threefold of the ox-unit. We have already had occasion to notice the
small gold talent, called by some writers the Macedonian, which was equal
to three Attic staters. The same weight under the name of the Sicilian
talent was employed likewise for gold only in the Greek colonies of
Sicily and Southern Italy. The conservatism of colonists is too well
known to need illustration, and we may with high probability infer that
the Greek settlers in Magna Graecia brought the small talent from their
original homes. What was the origin of this weight? We have seen that
everywhere all over our area the slave is the occasional higher unit.
Thus the Irish slave (_cumhal_) was a unit of account equal to three
cows. The slave in the Welsh Laws is equal to 4 cows, whilst in Homer we
found a slave woman valued at 4 cows also. From the way in which this
notice of her price occurs, it is probable that Achilles did not give a
woman of the most ordinary kind as a prize, for had she been the ordinary
slave-woman of account, there would have been no need to mention the
price, as any one would have known how many cows exactly she was worth.
It is then not improbable that three cows were commonly reckoned as the
value of a slave, and accordingly the small gold talent, which is the
multiple of the ox-unit, is simply the metallic representative of the
slave, just as the Homeric Talanton itself is that of the cow.
What the exact weight of this unit was on Greek soil we are now enabled
to ascertain by the aid of the treatise on the Constitution of the
Athenians known to the ancients as the work of Aristotle, and the
brilliant discovery and identification of which by the officials of the
British Museum reflects much credit on British scholarship.
Public-domain text, read in full here on John Shaqi.
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