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
for this hypothetical _nomos_ is that at Syracuse the Corinthian stater
of 135 grs. was called a _decalitron_, that the Tarentine didrachm of
128 grs. (max.) was similarly divided into 10 _litras_, that the Romans
employed the tenfold of the _as_ (_decussis_) and when they coined silver
called their silver unit a _denarius_ as representing 10 copper _asses_,
and the fact that certain copper coins such as those of Arpi, called
_nomi_, were evidently regarded as containing 10 units, the half being
the _quincunx_. But, as we have already seen, the real explanation of
these coins seems to be that they represent reduced _asses_. We must
remember that the heaviest Roman _as_ yet known is only 11 ounces, whilst
the great proportion of the earliest specimens are only 10 _unciae_
or (_dextantals_). When the idea of a real copper currency for local
purposes gained ground, and it was found that it was not necessary to
have the _as_ of account of full weight, and at the same time to enable
the state to make a profit of this copper currency which was solely for
home use (just as our Mint makes a large profit of our silver coins),
the first stage in reduction was to take off an ounce, or much more
frequently two full ounces. I have already pointed out the vitality and
universality of the _uncia_ as an unit, and have given the reasons for
this. Hence arose _asses_ or _bars_ of 10 ounces. The number 10 had of
course great advantages, and presently, when further reductions in the
copper currency took place, certain communities clave fast to the decimal
system and, instead of taking off some more whole ounces, simply reduced
the ounce itself, and retained the denomination, continuing to place
the marks of value as before. In those Hellenized states of Apulia just
referred to this reduced copper _as_ or _litra_ was the _legal_ unit, and
therefore denominated a _nomos_, especially as it probably corresponded
in value (at least as money of account) to the silver unit or _nomos_ in
circulation in each district. But whilst Mr Soutzo seems wrong in his
view of the _nomos_, there can be no doubt that there was a consensus
among the Sicilians and Italians in favour of making an intermediate
unit between 1 and 100, the tenfold of the _litra_ and _as_, into a
higher unit. The Syracusan _decalitron_ and the Roman _decussis_ and
_denarius_ are incontrovertible facts. For the latter at least a most
interesting connection with a unit of barter can be proved. We saw that
by the Lex Tarpeia (451 B.C.) a cow was counted at one hundred _asses_
(_centussis_, _centumpondium_) whilst a sheep was estimated at 10 _asses_
(_decussis_). The reader will observe that, even if the theory were
true that the Roman _centumpondium_ is the starting-point of the Roman
weight system, and that it was borrowed from the East, the cow all the
same plays a most important part in the founding of the system. It would
be another instance to prove the impossibility of framing a weight
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