CHAPTER VI. The Gold Unit everywhere the value of a Cow.

about some of these statements owing to the imperfect knowledge which we as yet possess. At first sight the reader naturally wonders how it is possible to calculate the value of the ox as here given, which is only 1 ket of silver, that is, the Egyptian ox of 1000 B.C. was only worth 140 grains of silver, whilst an ox hitherto has been worth about the same amount in gold. At first sight this is enough to stagger us, but a moment’s reflection makes the matter very intelligible. We have already noticed (p. 59) that at a certain stage in the history of the metals silver was far scarcer than gold, and that its rarity combined with its beauty no doubt made it to be eagerly sought and held in great esteem. We saw that the Arabs of the Soudan down to the present day prefer silver to gold; whilst in the earlier part of the present century when Japan was opened to European commerce the Japanese eagerly exchanged gold for silver at the rate of one to three, and even less, as they possessed no native silver, and were charmed with the beauty of the little known metal³¹. Marco Polo also tells us that “in the province of Carajan (the modern Yunnan) gold is so plenty that they give a saggio of gold for only six of the same weight of silver;” and of the province of Zardandan, five days west of Carajan, he says, “I can tell you they give one weight of gold for only five of silver³².”