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W. C a r e w H a z l i t t Coinage of the European Continent

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Introduction 49<br />

Immense quantities <strong>of</strong> those strange unwieldy discs <strong>of</strong><br />

copper, stamped with a value representing only <strong>the</strong> cost <strong>of</strong><br />

<strong>the</strong> metal, once existed in Sweden, where <strong>the</strong> buyer <strong>of</strong><br />

old days must have carried his money, not in a purse,<br />

but in a cart, and where weight was almost evidently given<br />

for weight a daler's worth <strong>of</strong> provisions or goods balancing<br />

a daler itself in <strong>the</strong> scales. The output and circulation <strong>of</strong><br />

gold and silver were extremely circumscribed.<br />

The introduction <strong>of</strong> this heavy and barbarous medium<br />

into <strong>the</strong> Swedish dominions was not, however, an abrupt<br />

step or a rudimentary effort for from <strong>the</strong><br />

;<br />

reign <strong>of</strong> Gustavus<br />

Adolphus (161 1-32) <strong>the</strong> kingdom had possessed <strong>the</strong> denomination<br />

known as an or and its divisions. The original<br />

<strong>the</strong> common<br />

or resembled in fabric, and equalled in weight,<br />

Russian 5 -kopeck piece current from 1758 to 1804, or<br />

<strong>the</strong>reabout; and <strong>the</strong> ponderous dalers <strong>of</strong> Charles XII. and his<br />

successors amounted to an extension or exaggeration <strong>of</strong> this<br />

currency. Prior to <strong>the</strong> or <strong>the</strong> Swredes had had nothing in<br />

copper larger than <strong>the</strong> mark <strong>of</strong> John<br />

same metal and <strong>of</strong> <strong>the</strong> same reign, called <strong>the</strong> New Stockholm<br />

money (1573). In o<strong>the</strong>r words, <strong>the</strong> abnormal dalers<br />

III. and a coin in <strong>the</strong><br />

<strong>of</strong> <strong>the</strong> fifteenth century corresponded with an epoch, not<br />

<strong>of</strong> numismatic infancy or <strong>of</strong> rising power, but with one <strong>of</strong><br />

decline, when <strong>the</strong> country reverted temporarily to primitive<br />

methods <strong>of</strong> finance, and after about half a century (1697-<br />

1747) <strong>of</strong> trial relinquished <strong>the</strong>m, perhaps from <strong>the</strong>ir sheer<br />

impracticability.<br />

In <strong>the</strong> time <strong>of</strong> Ca<strong>the</strong>rine I. <strong>of</strong> Russia (1725-28) an<br />

experiment was made in <strong>the</strong> same direction and from a<br />

similar motive <strong>the</strong> motive which actuated <strong>the</strong> primitive<br />

rulers <strong>of</strong> Sparta but no fur<strong>the</strong>r ; progress was made in it,<br />

and two or three patterns <strong>of</strong> <strong>the</strong> square copper rouble and<br />

kopeck <strong>of</strong> 1726 appear to be all that survives <strong>of</strong> <strong>the</strong><br />

attempt to emulate Sweden.

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