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CHAPTER I.
The Ox and the Talent in Homer.

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ἮΜΟϹ Δ’ ΟΎΤ’ ἌΡ ΠΩ ἨῺϹ, ἜΤΙ Δ’ ἈΜΦΙΛΎΚΗ ΝΎΞ.

The object of this essay is to enquire into the origin of Metallic Currency and Weight Standards. Since August Boeckh in his metrological enquiries[1] put forth the idea that the weight standards of antiquity had been obtained scientifically, all subsequent writers with scarcely an exception have followed in the same path. This theory was undoubtedly suggested by the fact that the French Republic had established a new scientific metric system. Yet reflection might have shown scholars that even the French system was not a wholly independent outcome of science, for beyond doubt the mètre and litre and hectare were only varieties of older measures of length, capacity and surface, then for the first time scientifically adjusted. The discovery of certain weights of bronze and stone in the ruins of Nineveh, Khorsabad and Babylon lent force to the theory of Boeckh; the imaginations of scholars were excited by the marvellous remains of Chaldaean and Assyrian civilization which had just been brought to light by Sir A. H. Layard, and they hastened to conclude that in the mathematical science of Mesopotamia the source of all weight-standards was to be found. Egypt however put in her claim to priority, and standards based on the measurements of the Great Pyramid, or on the weight of a given quantity of Nile-water, have entered the lists against the astrologers of Chaldaea. This battle still rages hotly, Assyriologists and Egyptologists hurling at each other statements drawn from tablets and papyri, as regards the translation of which no two of these savants are agreed. In spite of this all modern works on metrology start with the systems of Babylon and Egypt and from these they derive the systems of Greece and Italy. It would at least be more scientific to move backwards from the known to the unknown, but beguiled by the glamour of a “scientific” metrological system, scholars have turned their backs upon scientific method. 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.

As Greece coined money several centuries before Italy, and as its literature reaches much further back than that of Rome, it is plain that any sound enquiry into the origin of weight standards must commence with Greece. We shall therefore without further preface proceed to investigate the evidence afforded to us by the oldest Greek records.

The Origin of Metallic Currency and Weight Standards

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