Page:Origin of metallic currency and weight standards.djvu/37

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covered with wickerwork like the bottom of our cane chairs. . . . At Moko and Utuan they use another kind of money as well as this, the other being a little bivalve shell, through which they bore a hole and string it on pieces of native made twine[1]. It is also chipped all round until it is a quarter of an inch in diameter and then smoothed down into even discs with sand and pumice. Here we find strings of shells, which undoubtedly in the first instance were used for personal adornment, converted into a true currency. The simple savages whose possessions were exceedingly few and scanty, equated their fish to strings of shells which formed their only ornament, and when they got a more valuable possession in the pig, they quickly learned to appraise that animal in shell worth, just as the North American Indians learned to estimate the horse in Wampum. Instead of shells the natives of Fiji are said to have employed whales' teeth as currency, red teeth (which are still highly prized) standing to white ones somewhat in the ratio of sovereigns to shillings with us[2]. Passing on to the mainland of Asia we shall find that the Chinese, who in the course of ages have developed a bronze coinage of their own apart from the influences of the Mediterranean people, had in early times an elaborate system of shell money. Cowries appear in the Ya-King, the oldest Chinese book, 100,000 dead shell fishes being an equivalent for riches. Tortoise shell currency is also mentioned in the same book. The tortoise of various kinds and sizes was used for the greater values which would have required too many cowries. Tortoise shell is still elegantly used to express coin. Several kinds of Cypraea were used, including the purple shell, two or three inches long; all the shells except the small ones were employed in pairs. A writer of the second century B.C.[3] speaks of the purple shell as ranking next after the sea tortoise shells, measuring one foot six inches, which could only be procured in Cochin China and Annam, where they were used to make

  1. For shell money in the Caroline Islands cf. Kubary's Ethnographische Beiträge zur Kenntnis des Karolinen Archipels (Leipzig, 1889); in the Pelew Islands cf. Karl Semper, Die Pelau Inseln (Leipzig, 1873), p. 60; and for shell money in general cf. R. Stearn's Ethno-conchology (Washington, 1889).
  2. Jevons, Money, 25.
  3. Terrien de la Couperie, Coins and Medals, p. 193.