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
of weight, so in Cambridge the yard of butter is identical with the pound
of butter[428].
Our next step will be to trace the process by which the _as_ or rod
became the general weight-unit, the pound (_libra_). The term _libra_ is
not the oldest Latin name for _weight_, for _pondus_ or its cognate verb
_pendeo_, which literally means to _hang_, is the true claimant for that
position. _Libra_ seems properly to mean the _balance_, as is seen from
the legal formula (employed in Mancipatio) _per aes et libram_, by means
of copper and the balance. From the fact that its chief use was to weigh
_asses_ of copper, the mass of an _as_ came to be termed the _weight
par excellence_, just as the most usual amount weighed in the Greek
_talanta_ (scales) became the _talanton par excellence_. This process
can be illustrated by modern examples. Thus in the south of Ireland
potatoes are sold by the unit of 21 lbs., which consequently is termed a
_weight_, and instead of speaking of so many stones or hundredweights,
everyone speaks of a weight of potatoes. But, as already remarked, it was
only at a comparatively late epoch that the bars of copper were weighed.
It would be only with the growth of greater exactitude in commercial
dealings that the art of weighing, which was employed for all dealings
in gold and silver, would be applied to copper. Just as the Malays and
Tibetans have been gradually taught by the careful Chinese to employ
weights commercially, so the Italian tribes may have been led to do so
under the influence of the astute Greek traders from Magna Graecia and
Sicily. The system in vogue for gold was that of our old friend the
ox-unit. This is proved from the fact that not only is the oldest gold
coinage of the Etruscans, the close neighbours of Latium, based upon this
standard, but that also in Sicily and Southern Italy there was the small
gold talent, the three-fold of the ox-unit. This three-fold of the stater
was also used at Neapolis. Although the earliest Greek colonies in Sicily
employed at first the Aeginetic standard for silver, we soon find them
reverting to the gold or Euboic standard for that metal, whilst the early
silver coinage of the Etruscans (before 350 B.C.) is also of the Euboic
standard. We may with high probability assume that when the Sicilians
and Italians first essayed to weigh their copper rods, they naturally
employed the standard already in use for gold and silver. The highest
unit of this was the small talent of 3 staters which weighed about 405
grs. The bar was divided into 12 inches, and it was found that an inch of
copper rod closely approximated in weight to the small gold talent. The
weight of the bar, which was the ancient unit for copper before weight
had been employed, now became the standard weight-unit for that metal. It
is to be observed that this ounce of 405 grs., though some 27 grs. less
than the full Roman _uncia_ of later times, is only 15 grs. lighter than
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