Lex Aternia-Tarpeia of 454 b.c. (Rome)
With the Lex Aternia-Tarpeia of 454 b.c., sometimes called the Tarpeian law, the Romans took a
historic step toward replacing livestock money with metallic currency. In 454
b.c. Rome sent three commissioners to Athens to study
Athenian laws. Before Solon’s reform of Athenian law in 600 b.c. the laws of Draco had provided for payment of fines in
cattle and sheep. One of Solon’s contributions to Athenian law was a provision
that allowed fines expressed in cattle and sheep to be paid in metallic money.
Among the outcomes of the Roman commissioners’ visit was the Tarpeian law. Prior
to the Tarpeian law the Romans fixed fines in livestock. Culprits guilty of
minor offenses paid a fine of 2 sheep, while grave offenses drew fines ranging
up to 30 oxen.
According to the Tarpeian law, payments defined in oxen could be paid in
copper asses. The Roman aes or as began as a pound of
copper, although it suffered the fate of many metallic currencies as the copper content was steadily reduced by law. It may have been measured
in lengths of rods and was not coined until the fourth century b.c. The Tarpeian law valued an ox at 100 copper asses, and a
sheep at 10 asses. In 452 b.c. the Romans drew up a
constitution, the Twelve Tables of Law, which again called for penalties to be
paid in copper and gold units without mentioning cattle.
Probably a major factor pushing the Romans toward greater reliance on
metallic currency was the need to pay soldiers and government expenses in a more
acceptable currency. Coins had circulated in Greece since the eighth century
b.c. and Athens had begun coining money at the end of
the seventh century.
Nearly 20 years after the Tarpeian law, in 430 b.c.,
the Roman Senate enacted the Lex Julia-Papiria, which mandated that metallic
currencies replace payments in cattle. According to Cicero, this law came about
because “the Censors had, through the vigorous imposition of fines of cattle,
converted many private herds to the public use,” and therefore “a light tax in
lieu of a fine of cattle was substituted.”
Compared to other Mediterranean societies, the Romans were slow to adopt
metallic currency and coinage. Nevertheless, copper slowly superseded cattle as
the principal standard of value, and the Romans sought to preserve the link
between the cattle standard and the copper standard by stamping the first Roman
copper coins with figures of cattle. The copper standard of the ancient Romans
has left some vestige in modern language. In English the words “estimate” and
“esteem” are derived from the Latin word astimare, which originated from
expressing values in copper asses.
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