The History of Rome (Volumes 1-5) eBook

This eBook from the Gutenberg Project consists of approximately 3,061 pages of information about The History of Rome (Volumes 1-5).

The History of Rome (Volumes 1-5) eBook

This eBook from the Gutenberg Project consists of approximately 3,061 pages of information about The History of Rome (Volumes 1-5).

As to the provinces, in accordance with the setting aside of gold money on principle, the coining of gold was nowhere permitted, not even in the client-states; so that a gold coinage at this period occurs only where Rome had nothing at all to say, especially among the Celts to the north of the Cevennes and among the states in revolt against Rome; the Italians, for instance, as well as Mithradates Eupator struck gold coins.  The government seems to have made efforts to bring the coinage of silver also more and more into its hands, particularly in the west.  In Africa and Sardinia the Carthaginian gold and silver money may have remained in circulation even after the fall of the Carthaginian state; but no coinage of precious metals took place there after either the Carthaginian or the Roman standard, and certainly very soon after the Romans took possession, the -denarius- introduced from Italy acquired the predominance in the transactions of the two countries.  In Spain and Sicily, which came earlier to the Romans and experienced altogether a milder treatment, silver was no doubt coined under the Roman rule, and indeed in the former country the silver coinage was first called into existence by the Romans and based on the Roman standard;(46) but there exist good grounds for the supposition, that even in these two countries, at least from the beginning of the seventh century, the provincial and urban mints were obliged to restrict their issues to copper small money.  Only in Narbonese Gaul the right of coining silver could not be withdrawn from the old-allied and considerable free city of Massilia; and the same was presumably true of the Greek cities in Illyria, Apollonia and Dyrrhachium.  But the privilege of these communities to coin money was restricted indirectly by the fact, that the three-quarter -denarius-, which by ordinance of the Roman government was coined both at Massilia and in Illyria, and which had been under the name of -victoriatus- received into the Roman monetary system,(47) was about the middle of the seventh century set aside in the latter; the effect of which necessarily was, that the Massiliot and Illyrian currency was driven out of Upper Italy and only remained in circulation, over and above its native field, perhaps in the regions of the Alps and the Danube.  Such progress had thus been made already in this epoch, that the standard of the -denarius- exclusively prevailed in the whole western division of the Roman state; for Italy, Sicily—­of which it is as respects the beginning of the next period expressly attested, that no other silver money circulated there but the -denarius—–­Sardinia, Africa, used exclusively Roman silver money, and the provincial silver still current in Spain as well as the silver money of the Massiliots and Illyrians were at least struck after the standard of the -denarius-.

Copyrights
Project Gutenberg
The History of Rome (Volumes 1-5) from Project Gutenberg. Public domain.