Page:Origin of metallic currency and weight standards.djvu/34

 attention is paid to the size and make of the copper, which should be of uniform but not too great thickness, and should give forth a good sound when struck with the hand. At the present time spurious coppers have come into circulation, and although these are easily detected by an expert, the value of the copper is somewhat reduced and is often more nominal than real. Formerly ten slaves were paid for a good copper as a usual price, now they are valued at from forty to eighty blankets". It is obvious that such costly imported articles, though now used as occasional higher units of account—much as we employ fifty-pound notes—must have had some definite use, owing to which they were so highly prized. The attention paid to their tone would lead us to conjecture that they were employed as a kind of gong, and further on we shall find certain peoples of Further Asia paying a large price in buffaloes for gongs.

Before we quit finally the northern latitudes, it is worth our while to observe the method of currency employed by the Icelanders. As metals and other products of the land were scarce in their bleak home, the stockfish (dried cod) formed naturally their chief commodity, and hence it appears on the arms of Denmark as the emblem of Iceland. There is still extant a proclamation for the regulation of English trade with Iceland issued sometime between 1413 and 1426. As, ''mutatis mutandis'', it affords admirable insight into the methods by which trade was carried on between men of different nations in the emporia of the Mediterranean, and in fact everywhere else, it is worth giving it in extenso.

"I, N. M. do proclaim here to-day a general market between the English and the Icelandic men, who have come here with peace and fair dealing, and between the Icelandic men and the men of the islands who wish to carry on their trade here.

"First I proclaim this market on conditions of peace and lawful security between one and the other, so that each can entirely dispose of his own if he buy or if he sell. Price list in