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
The _as_, having been once subjected to weight, its hundredfold,
the _centumpondium_ or “hundred weight,” became the highest Roman
weight-unit. Thus the _as_ and the _centumpondium_ of the Italians
correspond to the mina and talent of the Greeks. But it will be observed
that the Italians obtained their higher unit by the old decimal system,
whereas the Greeks had borrowed the mina and its sixtyfold from Asia. The
_centumpondium_ must be regarded as a true-born Italian unit, not one
borrowed from Greece or Asia, and of this there is further proof. We saw
by the ancient Roman law that the cow was estimated at 100 _asses_, the
sheep at 10 _asses_. No doubt from time out of mind 100 of the bars of
copper, which formed the chief lower unit of barter, made one cow, just
as in Annam 280 little hoes make one buffalo (p. 167). When copper came
to be weighed, the amount of copper which formed the equivalent of the
highest unit of barter, the cow, was taken as the highest weight-unit.
From what I have said above it is not improbable that the Roman libra
and the Sicilian litra of copper were almost equal in weight. The fact
that the Greek writers always employed the Sicilian word litra (λίτρα),
to translate the Latin _libra_, likewise indicates that in the Greek
mind there was a tradition of their identity. And if the doctrine here
put forward of the original nature of the _as_ be right, nothing can
be more likely than that the Italians who had crossed into Sicily and
their kinsfolk who had remained behind employed rods of similar size,
and that when they began to weigh the latter, the “weight” (libra or
litra), derived from the standard copper rod, should be the same in
each region, until certain modifications occasioned by new monetary
conditions according to the needs of different communities had caused
some divergency in _coin_ weights, although as a _commercial_ weight the
litra remained unchanged. As Aristotle identified the Aeginetic obol
and _chalcus_ with the Sicilian litra and _onkia_, we may with some
plausibility suggest that the ancient Greek copper obol or spike and the
Italian _as_ or rod were identical in dimensions and in origin.
In Greece the copper obol rapidly fell in weight, for, when once silver
currency had been introduced, copper was thrust aside, and it was not
till the fourth century B.C. that copper coins came into use. When the
copper obol appears as a coin it is but a small piece, being in fact a
mere token.
[Illustration: FIG. 50. As (_Aes grave_). (Before 2nd Punic War.)]
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