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Financial School

Financial School image
Parent Issue
Day
6
Month
December
Year
1895
Copyright
Public Domain
OCR Text

The skins of animáis were the earliest forms of money. Sneep and oxen among the old Romans took the place of money. Oxen form the circulating medium among the Zulus and Kaffirs. Tin to-day forms the standard ot value at the great fairs of Nishni Novgorod. In the retired districts of New Guinea female slaves form the standard of value. Iron spikes, knives and spear heads and brass rods are employed in certain parts of Central África, Chocolate is still used in the interior of South America for a currency, as are cocoanuts and eggs. The archalc Greek money was In the form of thick, round lumps of metal, stamped with the given value. Whales' teeth are used by the Fijians, red feathers by some of the South Sea Islanders, and salt in Abyssinia. The Icelandic and Irish laws yet have traces of the use of cattle for money. Many Teutonic fines were paid in cattle. In the early colonial times of 1752 tobaoco and tobáceo receipts were legal tender, corn and beans and codfish also being employed. The small, hard shell known ns the cowrie is still used in India, the Indian Islands and África, in the place of subsidiary coin.

Article

Subjects
Old News
Ann Arbor Democrat