THE HISTORY OF OLD ROME

IV. The Revolution

From: The History of Rome, by Theodor Mommsen
Translated with the sanction of the author by William Purdie Dickson

Chapter XI - The Commonwealth and its Economy

» Contents of this Chapter

Page 45

Only in Narbonese Gaul the right of coining silver could not be withdrawn from the old-allied and considerable free city of Massilia; and the same was presumably true of the Greek cities in Illyria, Apollonia and Dyrrhachium.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.

47. Cf. III. XII. Coins and Moneys

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-.

Previous / First / Next Page of this Chapter

Do you see any typos or other mistakes? Please let us know and correct them

The History of Old Rome: Contents ||| The Medieval West | The Making of Europe | Constantinople Home Page

Receive updates :

Reference address : https://ellopos.net/elpenor/rome/4-11-commonwealth-economy.asp?pg=45