William Ridgeway

“ Whilst our knowledge of the Assyrian and Egyptian weight systems is most imperfect, being derived from literary monuments, or from inscriptions on weights not half understood, the systems of Greece and Rome are known to us not simply from the vast literatures written in languages thoroughly intelligible, but likewise from the evidence of immense numbers of coins struck in gold and silver, by the weights of which we are enabled to check off and substantiate the literary sources. ”

“ But beyond all doubt already in Egypt at the very dawn of history gold was playing an important part. The question of the relative dates at which the metals were first employed by man is one of great interest and importance in studying the history of human development. Of the four chief metals, gold, silver, copper and iron, we have no difficulty in deciding that iron is most certainly the latest to come into use. It is only within historical time that implements and weapons of iron have superseded those of copper and bronze, at least within the area occupied by the great civilized races. ”

“ We have seen the Siamese piece of twisted silver wire passing into a coin of European style, and we shall find that the Chinese bronze knife has finally ended by becoming a cash, just as we have already found the Homeric talent of gold appearing, in weight at least, as the gold stater of historical times. ”

“ We may then on this ground alone infer that mankind was acquainted with gold and copper before they as yet had learned the art of working silver ore. It next comes to be a question of the priority of gold or copper. The probabilities will undoubtedly be in favour of that metal which is most universally found native, and which is the most likely by its hue to attract the eye, and which is the most easily worked. On all these counts gold can claim priority over copper. Still copper is found native in various countries, Hungary, Saxony, Sweden, Norway, Spain and Cornwall. ”

“ There are mines in Arabia likewise of the gold that is termed ‘fireless.’ It is not refined down from gold-dust as in other countries, but it is obtained straightway on being dug up in size like unto chestnuts, and so fiery in colour that the most precious stones when set in it by the craftsmen make the most lovely of ornaments. ”

“ But when we find that a gold ornament has been found in a dwelling of neolithic age, we have a positive proof not simply of the knowledge, but probably of the skill requisite to manufacture the metal. If any upholder of the negative method urges that gold has been found very sparingly in these lacustrine dwellings, let him remember that the existence of one single object of gold in these remains is sufficient to demolish all his argument. ”

“ It would appear that the Welsh, when taking over the Roman system, had adjusted their own highest barter-unit, the slave [33] (probably female as well as male) , to the libra or pound, the highest unit in the Roman system. Of course slaves of exceptional strength or beauty would always command a higher price. But the regulations for the value of cattle are especially of interest, as shewing the extraordinary minuteness with which pastoral peoples discriminate the values of animals of different ages, and estimate the milk of a cow in proportion to her actual value. ”

“ Could we but fix the inferior limits of this neolithic age, we should at least obtain an approximate date before which gold was already known. But it is most probable that stone, bronze and even iron long continued to be used side by side in the same areas. The man who had no articles to barter for bronze continued to use stone implements of his own manufacture, whilst his more fortunate coeval used weapons made of the superior but more costly material. ”

“ From the literary remains then of the Greeks, Hebrews and Latins, it is beyond all doubt that in the early stages of society nothing is weighed but the metals and wool (for the apportioning of tasks) . In this the records of all three nations agree, whilst from Homer we learn that the Greeks were using gold by weight, when as yet neither silver, copper nor iron was sold or appraised by that process. ”

“ We thus find a people in a highly advanced state of civilization, who had invented a calendar, had devised a system of picture-writing, who had actually a currency in gold-dust, as we have found, and who were skilled and artistic craftsmen in gold, and yet who were scarcely able to make the slightest use of the silver, with which almost every crevice in their native hills was charged. ”

“ The value of ornaments largely consists in the artistic skill displayed in their manufacture, hence weight is not employed in estimating their value except when the material is gold or silver, and therefore possesses a certain intrinsic value apart from the mere workmanship. We may therefore infer that in early times no decorative articles save those in metal were valued by weight. Next comes the question of weapons, one of the most important sides of ancient life. ”

“ The more primitive the condition of life, the more scanty and rude is the household furniture, and as even in modern times timber is not sold by weight, beyond all doubt the same must hold good in a still stronger degree of a time when wood could be had for the mere trouble of sallying forth with an axe and cutting it. ”

“ Since the earth is black and has lodes and veins of quartz of surpassing whiteness, and which excel in brilliancy all those natural objects which are noted for their lustre, those who are in charge of the mining works by the numbers of the labourers prepare the gold. ”

“ The former is the one which has prevailed, and does still prevail, in barbaric communities, such as the Zulus of South Africa, where the sole or principal wealth consists in herds and flocks. For several reasons we may assign to it priority in age as compared with the Talent. In the first place it represents the most primitive form of exchange, the barter of one article of value for another, before the employment of the precious metals as a medium of currency; [3] consequently the estimation of values by the cow is older than that by means of a Talent or “weight” of gold, or silver or copper. ”

“ From the various passages quoted we may draw the probable conclusion that there was a well-defined trade route existing for untold ages between the heart of Asia, the valley of the Danube and the head of the Adriatic. The nameless poets who framed the legends of Herakles and his wanderings would certainly make the hero travel by the routes where both in their own time and from tradition they knew of the existence of highways from nation to nation. ”

“ Hence the hunter form of existence remains almost unaltered. The sole or chief wealth of the people consists of the skins of the fur-bearing animals such as the seal, the beaver, the marten, or the fox, or stores of dried fish, which they exchange with traders for a few scant luxuries, or which form their own sustenance and protection against the pitiless frosts and snows. ”

“ It is difficult to conceive any people, however primitive, employing two standards at the same time which are completely independent of each other. For instance when we find in the Iliad [3] that in a list of three prizes appointed for the foot-race, the second is a cow, the third is a half-talent of gold, it is impossible to believe that Achilles or rather the poet had not some clear idea concerning the relative value of an ox and a talent. Now it is noteworthy that, as already remarked, nowhere in the Poems is the value of any commodity expressed in Talents ”

“ But what is still more important, though the Britons are in the bronze period and are actually using copper money, they have to import that metal, although copper is actually found native in Cornwall. It still remained undiscovered in Strabo’s time to judge by his silence, but as he is equally silent about tin, which was known long before, we cannot press the argument ex silentio. However, it is of great importance to find a people who possess gold and copper in a native state, already working the gold long before they have even discovered the copper. ”

“ When some men began to make weapons of superior material, as for instance axes of jade instead of common stone, such weapons naturally soon became media of exchange; when the ox and the sheep, the swine and the goat are tamed, large additions are made to the circulating media of the more advanced communities; then come the metals; the older ornaments of shells and implements of stone are replaced by those of gold (and much later by silver) and by weapons of bronze as in Asia and Europe, and by those of iron in Africa. ”

“ The selling of live cattle by weight has only lately been adopted in some markets in this country; but go back to a more remote period, and you will find that even dead cattle were not sold by weight. Thus we see that it is only in a comparatively late epoch that two of the chief commodities on which human life depends for subsistence have been trafficked in by weight. Nothing now remains but man’s clothing, weapons, ornaments, fuel and furniture. ”

“ Of course gold and silver are unfit for weapons and implements, save in the case of the gods, as for instance the chariot of Hera, with its wheel-naves of silver and its tires of gold [164] . The spear-head and sword-blade must be made from tougher and cheaper metals. Hence copper or bronze (copper alloyed with tin) in the earlier periods which succeeded the stone age, and iron at a later time, have mainly provided mankind with weapons of offence and defence. But precious as copper and bronze and iron were to the primitive man, we do not find them sold by weight: a simple process was employed ”

“ Let us now turn to the races who both in modern and in ancient times have dwelt around the basin of the Mediterranean and Black Sea, whether in Asia Minor, Central Asia, Europe or Africa. In what did their wealth consist? When we first meet in history the various branches of the Aryan, Semitic, and Hamitic races, they are all alike possessed of flocks and herds. ”

“ The weighing of gold is already in vogue, but the highest unit known is the small talent, the value of an ox, weighing 130-5 grs, or 10-15 grs more than a sovereign. Silver is not yet estimated by weight, although large and handsome vessels of that metal are described and have their value appraised. But it is not by their weight that their value is estimated, but by their capacity. ”

“ But before we cross the Pyrenees, we shall conclude our survey of the ancient gold fields of Europe in the north-west by glancing briefly at Britain. When Julius Caesar invaded the island he found the natives using gold not simply as ornaments, but in the shape of coins, for he says, “They have great numbers of cattle, they use for money [94] either bronze, or coins of gold, or rods of iron of a fixed standard of weight. Tin is produced there in the inland, iron in the coast districts, but the supply of the latter is scanty; the copper which they use is imported [137] .” ”

“ The Italians therefore probably had copper from a very early age. But we have already seen good reason for believing that a knowledge of gold precedes that of copper whenever both are found in the same area. We saw that the Scythians, who got copious store of gold from the Ural-Altai region, made no use of copper in the fifth century before our era, although copper is found abundantly in the same area. From this we may infer with some probability that the Italian stock were acquainted with gold sooner than with copper. We may apply the same argument to gold in Italy as we did to copper. ”

“ Hence the value of cattle would be more or less constant from one end of this entire region to the other. The purchasing power of the cow might be greater in some parts than in others, just as with ourselves a sovereign has the same value from Land’s End to John o’Groats, although the purchasing power of the sovereign as regards the necessaries of life may differ widely in different places within the limits of Great Britain.
It is only when some impassable natural barrier intervenes that there will be a difference in the value of the unit of barter. ”

“ I have thus digressed in order that it may be clearly seen that mankind were not seized with the sacra fames auri from the very first moment when the eye of some wild hunter or nomad first lighted on a gold nugget as it glistened under the sunlight in the stream. ”