We have now had a survey of the monetary and weight systems of China, Annam, Cambodia and Laos, and everywhere found that the nên or bar of 10 taels is the highest known metallic unit, and that except in Laos the counting of money even by the catty or pound is unknown, the Chinese themselves only employing the tael as their highest monetary unit, the catty being kept as in Annam and Cambodia itself for ordinary goods. This is borne out by the practices in the weighing of gold. In Attopoeu, the region where gold is found, 8 chi (= 2 ticals or bats = 4 slings = 30 grammes) are exchanged for a bar of silver (= 100 chi = 375 grammes). M. Aymonier thinks that the gold bat, that is to say the weight in gold of a tical (15 grammes, 234 grains Troy), must have been the unit for weighing gold, as formerly it was necessary to give a gold bat in order to marry a girl of the blood royal. This gets considerable support from the fact that in Sieng-Khan the gold bat has only the weight of a sling or chi (58½ grains Troy), that is the quarter of a tical, and the weight of the tical or bat is called a damling. In fact they hardly reckon gold in any other way than by this small damling which is only the weight of a tical (234 grains Troy). In reference to my argument that as gold is the first of all things to be weighed, the primitive weight unit is certain to be small, as no man has, as a rule, any need to weigh his gold by the hundredweight or large mercantile talent, this fact that the highest unit for weighing gold in Attopoeu is so small, not even reaching the weight of the Graeco-Phoenician heavy gold shekel or double ox-unit of 260 grains, is of considerable importance.
This region supplies us with yet another point which can help to clear up the history of early metallic currency. The iron ingots which come from the Cambodian provinces of Kompong Soai form a special kind of money. These ingots are not weighed, but they have the length of the space between the base of the thumb and the tip of the forefinger, they are in breadth two fingers, and one finger in thickness in the middle, thinning off to either end. Three of these ingots = 1 chi = 1 sling = 1 string of cash; thus 12 ingots = 1 tical of silver. These ingots are also counted by bags of 20; thus 1 nên or bar of silver = 15 bags = 300 ingots of iron.
At Bassak the iron ingot is replaced by the lat, the copper ingot of Laos, which varies in value in the different moeungs (provinces) according to its size. Here is a remarkable confirmation of my contention that it was only at a period considerably later than the weighing of gold that the scales were employed for copper and iron, the catty being kept as in Annam and Cambodia for ordinary goods.
We can now make a further advance in our quest of the first beginnings of money and weights in this interesting region. There are many wild tribes in Annam and Laos, who still employ no method save that of barter, when dealing one with another, although when they touch on the more civilized regions they have to conform their native systems in some degree to the more developed currency of their neighbours, from whom they have to procure the few luxuries of their simple life. We saw above that among the wild tribesmen all articles have a well-defined relationship to each other, some particular article being usually taken as the common measure of all the rest, or rather two or three so that they may have units for estimating their more common as well as their more valuable possessions. So in Annam the buffalo often serves as the general unit of value for the more valuable articles. Thus a large chaldron is worth three buffalos, a handsome gong two buffalos, a small gong one buffalo, six copper dishes one buffalo, two lances one buffalo, a rhinoceros horn eight buffalos, a large pair of elephant’s tusks six buffalos, a small pair three buffalos[219]. Thus the buffalo which takes the place of the ox in China and South-Eastern Asia, is used as the commercial unit in like fashion as we found the ox employed among the Homeric Greeks, the ancient Italians, the ancient Irish, and the modern Ossetes. But the Annamites themselves employ as currency the silver bar and string of cash as we saw above: accordingly when the hill tribes have dealings with the people of the plain the full grown buffalo is reckoned at a bar of silver, or, its equivalent, 100 strings of cash[220], while the small buffalo is set at fifty strings.
Thus the Orang Glaï have often to buy a pair of elephant’s tusks at the cost of eight buffalos or eight bars of silver. Taxes are paid in buffalos; thus the Tjrons of Karang pay a buffalo for each house, or compound for the whole village by a payment of ten buffalos whose horns are at least as long as their ears[221]. Here then we find that exactly as the ancient Irish when they borrowed the Roman system of unciae and scripula (unga and screapall) equated the ounce of silver to their own unit, the cow, so we find these wild tribes of Annam forced to adapt their primitive unit to the metallic unit of their more cultured neighbours. Again, the Bahnars of Annam, who dwell on the borders of Laos, have much the same system. With them the highest unit is the head, i.e. a male slave, who is estimated, according to his strength, age and skill, at 5, 6, or 7 buffalos, or the same number of kettles, as the buffalo and the kettle have the same value, which naturally varies with the size and age of the animal and the quality of the kettle. A full grown buffalo, or a large kettle, is worth seven glazed jars of Chinese shape with a capacity of 10 to 15 litres each. One jar is worth 4 muks. The muk was originally the name of some special article, but now is simply used as a unit of account. Each muk is worth 10 mats, or iron hoes, which are manufactured by the Cédans, and which form the sole agricultural implement of the wild tribes of all these regions. This hoe is the smallest monetary unit used by the Bahnars, and is worth about one penny in European goods. This mat or hoe serves them as small currency and all petty transactions are carried on by it. Thus a large bamboo hat costs 2 hoes, a Bahnar knife 2 hoes, ordinary arrows are sold at 30 for 1 hoe and so on. A large elephant is worth from 10 to 15 “heads” or slaves, whilst a horse costs 3 or 4 kettles or buffalos. When we read of such a state of human society we seem to be transported back into that far away Homeric time, and as we hear of slaves, and kine, chaldrons and kettles we think of the old Epics with their tale of slaves valued in beeves, and “crumple-horned shambling kine, and tripods” and “shining chaldrons.” In the light of such analogies we at last can understand the significance of the 10 axes and 10 “half-axes” which formed the first and second prizes in the Iliad[222] when Achilles “set out for the archers the dark-hued iron, and put down 10 axes and 10 half-axes.” Who can doubt that these axes and half-axes played much the same part in the Homeric system of currency as the hoes do at this present moment in that of the Bahnars of Annam? Probably such too were the 12 axes which Penelope[223] brought out from the treasure chamber to serve as a target for the suitors in their contests with the bow of Ulysses. The hoe is thus the lowest unit of currency among the Bahnars. From the known interrelations of all the articles of daily life it is easy to estimate how many hoes any even of their more costly possessions is worth. Thus the full-grown buffalo = 7 jars = 28 muks = 280 hoes, or about £1. 3s. 4d. of our money. All these transactions require no use of weights, being reckoned by bulk or tale. But now comes the most interesting feature for us, a people in the complete stage of barter, but who actually possess, work and traffic in gold.
In all the streams on the side next Laos the wild people wash gold, men, women and children all alike joining in this laborious industry, and employ as ‘cradles’ little baskets made of bamboo. The gold is sold in dust at the rate of the weight in gold of one grain of maize for one hoe. Here then we have finally run to ground one of the principal objects of our quest. We have a primitive people, who carry on all their trade by means of barter, who have no currency in the precious metals, but who employ as their most general unit of small value the iron hoe. They are found to weigh one thing and one only, namely gold, and for that purpose they do not employ any weight standard borrowed from China or Annam, but equate a certain amount of gold to the unit of barter, and then fix as a constant that amount of gold by balancing it against a grain of the corn that forms one of the chief staples of their subsistence. Nature herself has supplied man with weights of admirable exactitude ready to his hand in the natural seeds of plants, and as soon as he finds out the need of determining with great care the precious substance which he has to win with toil and hardship from the stream, he takes the proffered means and fashions for himself a balance and weights.
We saw that a buffalo was worth 280 hoes; it is therefore an easy task for a Bahnar to tell its worth in gold. It was equally simple for the first Aryan or Semite who framed the gold shekel standard to compute the exact amount of gold which would represent the value of an ox. But perhaps we have not reached the earliest stage of all in the development of a standard for the sale of gold. I ventured to put forward in 1887 the suggestion that the way in which the amount of gold which represented the value of a cow was first fixed approximately was by measuring it in some way, as for instance by taking the amount which would fit in the palm of the hand, somewhat in the fashion that rustics measure gunpowder or shot for a gun. What was then but a mere guess may be now regarded as fairly certain. That excellent observer, M. Aymonier, notes that the Tapak tribe, who live at a distance of six days’ journey from Attopoeu, wash gold. The women wade into the streams (after having first carefully placed five flowers or five leaves at the foot of a tree close by the stream to ensure good luck). Each dips a water-tight bag into the sand at the bottom of the stream, and after a long series of rewashings and cleansings at last gets the gold dust in a state of purity[224]. The savages carry it to Attopoeu, and sell it at the rate of 9 chi of gold for a nên or bar of silver (= 100 chi). The relative value in Attopoeu is 8 chi or two bats of gold to one bar (= 100 chi) of silver, or as they express it one tical of gold is changed for 12 ticals of silver. “The tical of gold is,” it is said, “equivalent to the weight of 32 grains of a peculiar kind of rice of the country, with large grains and of a red colour, which is called ivory rice.” Here we have the weighing by natural grains as before, but Aymonier adds (p. 35) that “the natives relate that gold was formerly so abundant that without weighing it people were content to measure it. A little stick of gold an inch broad and a span long was exchanged against a buffalo.”
We found the Bahnars equating a small quantity of gold to their smallest unit of barter, the hoe; now we find that in the wild parts of Laos the unit of gold, before weights of natural grains were employed, was based by measurement upon the buffalo, the chief unit of barter. Thus we have found among the remote peoples of Further Asia the very method of fixing a metallic unit, which I have endeavoured to prove was that followed by the Aryan and Semitic races in arriving at that shekel of gold, which was the common standard of all the civilized peoples of the ancient world, and which was the parent of all our mediaeval and modern systems.