CHAPTER XII. The Greek System.

First Punic war, as the state could not stand the expenditure, and it was appointed that asses of the weight of a sextans (2 unciae) should be struck. Thus there was a gain of five-sixths, and the debt was cleared off. The type of that bronze coin was on the one side a double Janus, on the other a ship’s beak, whilst on the triens and quadrans there was a ship. The quadrans was previously termed a teruncius from tres unciae (three ounces). Afterwards under the pressure of the Hannibalic wars in the dictatorship of Q. Fabius Maximus, asses the weight of an ounce were coined, and it was enacted that the denarius should be exchanged for sixteen asses, the quinarius for eight, the sestertius for four; thus the state gained one half. Nevertheless in the soldiers’ pay the denarius was always given for ten asses. The