National Institute of Informatics - Digital Silk Road Project
Digital Archive of Toyo Bunko Rare Books

> > > >
Color New!IIIF Color HighRes Gray HighRes PDF   Japanese English
0745 The Book of Ser Marco Polo : vol.1
The Book of Ser Marco Polo : vol.1 / Page 745 (Color Image)

New!Citation Information

doi: 10.20676/00000269
Citation Format: Chicago | APA | Harvard | IEEE

OCR Text

 

 

         

CHAP. XXIV. IMITATIONS OF CHINESE PAPER CURRENCY 429

Chinese name Chao was applied to them, and the Mongol Resident at Tabriz, l'ulad Chingsang, was consulted in carrying out the measure. Expensive preparations were made for this object ; offices called Chdo-Khanalzs were erected in the principal cities of the provinces, and a numerous staff appointed to carry out the details. Ghazan Khan in Khorasan, however, would have none of it, and refused to allow any of these preparations to be made within his government. After the constrained use of the Chao for two or three days Tabriz was in an uproar ; the markets were closed ; the people rose and murdered 'Izzuddín ; and the whole project had to be abandoned. Marco was in Persia at this time, or just before, and Sir John Malcolm not unnaturally suggests that he might have had something to do with the scheme ; a suggestion which excites a needless commotion in the breast of M. Pauthier. We may draw from the story the somewhat notable conclusion that Block printing was practised, at least for this one purpose, at Tabriz in 1294.

The other like enterprise was that of Sultan Mahomed Tughlak of Delhi, in 1330-31. This also was undertaken for like reasons, and was in professed imitation of the Chao of Cathay. Mahomed, however, used copper tokens instead of paper ; the copper being made apparently of equal weight to the gold or silver coin which it represented. The system seems to have had a little more vogue than at Tabriz, but was speedily brought to an end by the ease with which forgeries on an enormous scale were practised. The Sultan, in hopes of reviving the credit of his currency, ordered that every one bringing copper tokens to the Treasury should have them cashed in gold or silver. ' ` The people who in despair had flung aside their copper coins like stones and bricks in their houses, all rushed to the Treasury and exchanged them for gold and silver. In this way the Treasury soon became empty, but the copper coins had as little circulation as ever, and a very grievous blow was given to the State."

An odd issue of currency, not of paper, but of leather, took place in Italy a few years before Polo's birth. The Emperor Frederic II., at the siege of Faenza in 1241, being in great straits for money, issued pieces of leather stamped with the mark of his mint at the value of his Golden Augustals. This leather coinage was very popular, especially at Florence, and it was afterwards honourably redeemed by Frederic's Treasury. Popular tradition in Sicily reproaches William the Bad among his other sins with having issued money of leather, but any stone is good enough to cast at a dog with such a surname.

[Ma Twan-lin mentions that in the fourth year of the period Yuen Show (B.c. 119),

a currency of white metal and deer-skin was made. Mr. Vissering ( Chinese Currency,

38) observes that the skin-tallies " were purely tokens, and have had nothing in

common with the leather-money, which was, during a long time, current in Russia.
This Russian skin-money had a truly representative character, as the parcels were

used instead of the skins from which they were cut ; the skins themselves being too bulky and heavy to be constantly carried backward and forward, only a little piece was cut off, to figure as a token of possession of the whole skin. The ownership of the skin was proved when the piece fitted in the hole."

Mr Rockhill (Rubruck, 201 note) says : " As early as B.C. I 18, we find the Chinese using ` leather-money ' (p'i pi). These were pieces of white deer-skin, a foot square, with a coloured border. Each had a value of 40,000 cash. (Ma Twan-lin,

Bk. 8, 5.)"

Mr Charles F. Keary (Coins and Medals, by S. Lane Poole, 128) mentions that

" in the reign of Elizabeth there was a very extensive issue of private tokens in lead,

tin, latten, and leather."—II. C.]

(Klapr. in Mézez. Rel. á l'Asie, I. 375 seqq. ; Biot, in/ As. sér. III. tom. iv. ; Marsden and Pauthier, in loco ; Parkes, in J. R. A. S. XIII. 179 ; Doolittle, 452 seqq. ; Wylie, J. of Shanghai Lit. and Scient. Soc. No. I. ; Arbeiten der kais. russ. Gesandsch. zu Peking, I. p. 48 ; Rennie, Peking, etc., I. 296, 347 ; Birch, in Num. Chron. XI I. 169 ; Information from Dr. Lockhart ; Alcock, II. 86 ; D' Ohsson, I V. 53 ; Cowell, in J. A. S. B. XXIX. 183 seqq. ; Thomas, Coins of Palan Sovs. of

       
       
       
       
       
     

't