The Origin of Metallic Currency and Weight Standards — John Shaqi
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
Arm rings are made from solid brass rod about ⁷⁄₁₆ in. thick and are
usually 2½ in. to 3½ in. in diameter—they are also made in large
quantities from brass tubes of ½ in. to ⅝ in. diameter, more frequently
from ⁹⁄₁₆ in., the rings being from 2½ in. to 3½ in. in diameter, and
weighing from 2½ to 4 oz. each[70].
* * * * *
Slaves and ivory tusks form the chief units in the same region. The slave
usually is worth a tusk. In other parts pieces of precious wood of a red
colour, each piece being a foot long, were employed as currency[71].
When we come to regions where the ox can live we at once find that animal
occupying a foremost place. Thus when the Cape of Good Hope was first
colonized, the Hottentots employed cattle and bars of iron of a given
size as currency[72], and at the present moment the cow is the regular
unit among the Zulus, ten cows being the ordinary price paid for a wife,
although as in Homeric Greece fancy prices are paid by the chiefs for
ladies of uncommon attractions. But our chief interest must centre in
the peoples north of the Equator, who from time immemorial have been in
contact with the ancient civilization of the Mediterranean.
Thus among the Madis of Central Africa, a pure negro tribe, cattle form
the chief wealth; a rich man may have as many as 200 head, a very poor
one only 3 or 4. The average number possessed by one man is from 30 to
40. They keep the milk in gourds.
“A regular system of exchange is carried on in arrows, beads, bead
necklaces, teeth necklaces, brass rings for the neck and arms, and
bundles of small pieces of iron in flat, round, or oval discs. All these
different articles are given in exchange for cattle, corn, salt, arrows,
etc. The nearest approach to money is seen in the flat, round pieces of
iron which are of different sizes, from three-quarters to two feet in
diameter and half an inch thick. They are much employed in exchange.
This is the form in which they are kept and used as money, but they
are intended to be divided into two, heated and made into hoes. They
are also fashioned into other implements, such as knives, arrow-heads,
etc. and into little bells hung round the waist for ornament or round
wandering cows’ necks. Ready-made hoes are not often used in barter.
Iron as above-mentioned is preferred and is taken to the blacksmith to
be fashioned according to the owner’s requirements. Any tools may be
obtained ready made from a smith, and can be used in barter when new.
“Compensation for killing a woman or any serious crime must be paid for
in cattle. No cowries are used as coins in this district, no measure of
weight, quantity or length is used. The payment for a wife must be made
in cows of a year old, or in bulls of two or three years[73].”
Public-domain text, read in full here on John Shaqi.
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