From the Russ the word passed into the Slavonic language as
_variag_[12], into the Greek as _barangoi_--where it was often used in
the restricted sense of members of the imperial guard largely recruited
from this nation,--and into the Arabic as _varank_. Dr Thomsen adduces
two happy parallels for the somewhat remarkable history of the terms
'Russian' and 'Varangian.' The term 'Russian' came to be used as their
own name by the Slavonic peoples, who were once ruled over by the Russ,
in much the same way that the term 'Frankish' or 'French' was adopted
by the Gaulish population of France from its Germanic conquerors. The
term 'Varangian,' ultimately the name for a nation or group of nations,
came to be used of a military force once largely recruited from those
nations, much in the same way as the term 'Swiss' was applied to the
Papal guard long after that guard had ceased to be recruited from the
Swiss nation exclusively.
The belief in the Scandinavian origin of the Russ is amply supported
by archaeological evidence. The large number of Arabic coins found
in Sweden (more especially in Gothland) and in Russia itself points
to an extensive trade with the Orient whose route lay chiefly to the
east of the Caspian Sea and then along the valley of the Volga. The
dates of the coins point to the years between 850 and 1000 as those
of most active intercourse with the East. Equally interesting is the
large number of western coins, more especially Anglo-Saxon pennies
and sceatts, which have been found in Russia. They probably represent
portions of our Danegeld which had come into the hands of the Swedes
either in trade or war. Viking brooches of the characteristic oval
shape with the familiar zoomorphic ornamentation have been found in
Western Russia, and one stone with a runic inscription, belonging to
the 11th century and showing evidence of connexion with Gothland, has
been found in a burial mound in Berezan, an island at the mouth of the
Dnieper. Professor Braun says that no others have been found because
of the rarity of suitable stone.
Public-domain text, read in full here on John Shaqi.
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