In a passage of the Odyssey, we find that the Suitors, when they try to make terms with Ulysses in his wrath, promise as follows by the mouth of Eurymachus[177];
τιμὴν ἀμφὶς ἄγοντες ἐεικοσάβοιον ἕκαστος,
χαλκόν τε χρυσόν τ’ ἀποδώσομεν, εἰσόκε σὸν κῆρ
ἰανθῇ.
This has been rendered as a double engagement to pay the oxen and the metals. It seems to me, from the construction of the passage, as if it would be more properly understood to be a declaration, that they would each of them bring him a compensation of the value of twenty oxen in gold, and in copper. If Eurymachus had meant to express the restoration of the live stock of Ulysses, it is not likely that he would have spoken of oxen only, especially in the goat-feeding and swine-feeding Ithaca.
There is another passage in the poems, which seems to carry a similar testimony one point further. When Euneus sends ships with wine to the Greek camp, the Greeks pay him for his wine, some with copper, some with iron, some with hides, some with slaves, and some with oxen. Slaves, as we have seen, would probably be redundant in the camp. The same would be eminently the case with respect to hides; since they would be redundantly supplied by the animals continually slaughtered for the subsistence of the army. Even as to the metals, we need not feel surprise at the passage; for they were acquired largely by spoil, and not greatly needed by the force, since wear and tear scarcely constitute an element in the question of supply for those times. But it is certainly more startling that any of the Greeks should have sold oxen to the crews of Euneus. Neither in that age nor in this would any merchants carry away oxen from a vast and crowded camp, where they would be certain to be in the highest demand. I therefore presume the meaning to be as follows; that those particular Greeks, who happened to have more oxen than they wanted at the moment, sold them to the people of the ships; and that the people of the ships took these oxen, in exchange for wine, not intending to carry them away, but to sell them again, perhaps against hides or slaves on the spot, as the live cattle would be certain to find a ready and advantageous market among other Greeks of the army.
Oxen therefore, in that age, seem to have come nearer, than any other commodity, to the discharge of the functions now performed by the precious metals: for they were both used to express value, and probably purchased not for use only, but also with a view to re-sale. Thus the Homeric evidence, with respect to them, is in conformity with the testimony of Æschylus in the Agamemnon, who seems to represent the ox as the first sign imprinted upon money[178].
The precious metals themselves were much employed for both personal ornament and for art. This was, no doubt, their proper and established application; and when they are stored, they are stored in common with other metals not of the same class, and with a view, in all likelihood, to manufacture.
Relative scarcity of metals.
It appears clear, from the Homeric poems, that silver was more rare than gold. It is used, when used at all, in smaller quantities: and it much more rarely appears in the accounts of stored-up wealth. A like inference may be drawn, perhaps, from the books of Moses; and it corresponds with the anticipations we should reasonably form from the fact that gold is found in a native state, and, even when mixed with other material, is more readily fitted for use. The extensive employment of silver only arrives, when society is more advanced, and when the use of money is more familiar and minute. Payments in the precious metals on a somewhat large scale precede those for smaller transactions. We are not however to infer, from the greater rarity of silver, that it was more valuable than gold: the value depending, not on the comparative quantities only, but upon the compound ratio of the quantities as compared with the demand. It would however appear from a passage in the account of the funeral games, that gold, if not silver, was then much less esteemed than it now is. For, while a silver bowl was the first prize of the foot-race, a large and fat ox (perhaps worth three ordinary ones) was the second, and a half talent of gold was only the third[179].