Some Modern Monetary Questions Viewed By the Light of Antiquity a Paper Read B
Some Modern Monetary Questions Viewed By the Light of Antiquity a Paper Read B
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Sylla issued an aureus, thirty of which weighed a pound, then 36, which rule Pompey followed. Csesar issued a lighter aureus, divided into 100 sestertii, 40 of which made a pound. Augustus diminished the weight slightly, so that 42 made the pound. The aureus of Nero weighed ?V, and that of Caracalla ?V of a pound. Con- stantine made his aureus, or as it is generally called the solid us (from which come the words sol and sou), of the same weight as the original silver denarius, so that 72 weighe...d a pound. The Merovingian kings, who built up their monarchy upon the ruins of Rome, made their solidus the it part of the Roman pound. It will be seen from these examples that the old idea of money, cor- responding to definite parts of the standard weight of the country, still prevailed, notwithstanding the fact that the silver money was constantly more and more debased, until finally even a trace of silver had almost entirely disappeared, and the imperial despotism had gradually accustomed men to consider the imperial effigy as alone giving value to the pieces of metal.
What to read after Some Modern Monetary Questions Viewed By the Light of Antiquity a Paper Read B?
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To quickly assess the difficulty of the text, read a short excerpt:
Sylla issued an aureus, thirty of which weighed a pound, then 36, which rule Pompey followed. Csesar issued a lighter aureus, divided into 100 sestertii, 40 of which made a pound. Augustus diminished the weight slightly, so that 42 made the pound. The aureus of Nero weighed ?V, and that of Caracalla ?V of a pound. Con- stantine made his aureus, or as it is generally called the solid us (from which come the words sol and sou), of the same weight as the original silver denarius, so that 72 weighe...d a pound. The Merovingian kings, who built up their monarchy upon the ruins of Rome, made their solidus the it part of the Roman pound. It will be seen from these examples that the old idea of money, cor- responding to definite parts of the standard weight of the country, still prevailed, notwithstanding the fact that the silver money was constantly more and more debased, until finally even a trace of silver had almost entirely disappeared, and the imperial despotism had gradually accustomed men to consider the imperial effigy as alone giving value to the pieces of metal.
What to read after Some Modern Monetary Questions Viewed By the Light of Antiquity a Paper Read B?
You can find similar books in the "Read Also" column, or choose other free books by Robert Noxon Toppan to read onlineMoreLess
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