| Subject: | Re: [socialcredit] Historic accuracy? | | Date: | Monday, April 2, 2007 11:07:04 (-0600) | | From: | Martin Hattersley <hattersleyjm @.........com>
|
I'm thinking of that account in the Book of Genesis (23.16), where there is
a clear record that Abraham "weighed out 400 shekels of silver" in order to
purchase a cave as a burial place for his deceased wife Sarah. It seems to
me that that shows that at that time and place, specific weights of silver
were used as a measure of value in exchange.
David Astle wrote a book, "The Babylonian Woe", which mentioned that in
ancient times, the equivalent of our modern paper money was clay tiles made
in the moulds used for casting coins - e.g. when the Athenians exhausted
their silver mines during the Peloponnesian War. Easier than running up the
National Debt!
Martin Hattersley
5929 - 189 St.,
EDMONTON AB CANADA T6M 2J1
e-mail: ----- jmartinh@shaw.ca
Original Message -----
From: <william_b_ryan@yahoo.com>
To: <socialcredit@elistas.com>
Sent: Monday, April 02, 2007 9:26 AM
Subject: Re: [socialcredit] Historic accuracy?
> Then I take it you do not agree with this from Innes'
> 1913 paper
> http://www.geocities.com/new_economics/innes
>
> "...there is overwhelming evidence that there never
> was a monetary unit which depended on the value of
> coin or on a weight of metal; that there never was,
> until quite modern days, any fixed relationship
> between the monetary unit and any metal; that, in
> fact, there never was such a thing as a metallic
> standard of value."
> ------------------
>
> Here's the thing. Douglas' theory makes no sense
> whatsoever from the orthodox money is a medium of
> exchange perspective. His theory makes perfect sense
> from the creditary perspective expressed by Innes.
>
>
> --- William Hugh McGunnigle <wmcgunn@maxnet.co.nz>
> wrote:
>
> With due respect the Innes papers were designed to try
> to demonstrate that there was no control of coinage in
> the dark ages. They ignored to a large extent the fact
> that monarchs used the "tally stick" to keep track of
> finances and these were used for "tax assessment".
> Coin value was related to these. I therefore stand by
> my previous statement that, although it appeared that
> coinage was not really under control there was a rigid
> value system related to weight of Gold, Silver and
> Copper metal in coins. The methods of assessing coin
> purity had been established long before the advent of
> the Roman Empire by Archmeides of Greece. Although it
> appeared crude by modern methods of assey it was still
> adequate for practical purposes. Contrary to popular
> belief the men who did this type of assey work were
> skilled and generally honest because they were
> appointed by Royal decree. The penalty for incorrect
> assey was death. Innes work, while skilled and
> undoubtedly honestly conducted, suffered from an
> obvious bias. He was selective in his choice of
> primary sources and tended to ignore sources that
> contradicted his basic premises. In all fairness he is
> not the only historian to do this, but he is open to
> strong critisism because of it. I personally cannot
> condemn him as a charletan he was too good an
> historian for that, but do regard his work with a
> great deal of reserve. You are however correct in
> quoting his work as a valid source of contradiction to
> my own research.
>
> W.H.McGunnigle
>
>
>
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