FREE BOOKS

Author's List




PREV.   NEXT  
|<   415   416   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   432   433   434   435   436   437   >>  
ng James, the bow was wholly forgotten. Guns have from that time been the weapons of the English, as of other nations, and, as they are now improved, are certainly more efficacious. Ascham had yet another reason, if not for writing his book, at least for presenting it to king Henry. England was not then, what it may be now justly termed, the capital of literature; and, therefore, those who aspired to superiour degrees of excellence, thought it necessary to travel into other countries. The purse of Ascham was not equal to the expense of peregrination; and, therefore, he hoped to have it augmented by a pension. Nor was he wholly disappointed; for the king rewarded him with a yearly payment of ten pounds. A pension of ten pounds granted by a king of England to a man of letters, appears, to modern readers, so contemptible a benefaction, that it is not unworthy of inquiry what might be its value at that time, and how much Ascham might be enriched by it. Nothing is more uncertain than the estimation of wealth by denominated money; the precious metals never retain long the same proportion to real commodities, and the same names in different ages do not imply the same quantity of metal; so that it is equally difficult to know how much money was contained in any nominal sum, and to find what any supposed quantity of gold or silver would purchase; both which are necessary to the commensuration of money, or the adjustment of proportion between the same sums at different periods of time. A numeral pound, in king Henry's time, contained, as now, twenty shillings; and, therefore, it must be inquired what twenty shillings could perform. Bread-corn is the most certain standard of the necessaries of life. Wheat was generally sold, at that time for one shilling, the bushel; if, therefore, we take five shillings the bushel for the current price, ten pounds were equivalent to fifty. But here is danger of a fallacy. It may be doubted whether wheat was the general bread-corn of that age; and if rye, barley, or oats, were the common food, and wheat, as I suspect, only a delicacy, the value of wheat will not regulate the price of other things. This doubt, however, is in favour of Ascham; for if we raise the worth of wheat, we raise that of his pension. But the value of money has another variation, which we are still less able to ascertain: the rules of custom, or the different needs of artificial life, make that revenue little at one
PREV.   NEXT  
|<   415   416   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   432   433   434   435   436   437   >>  



Top keywords:
Ascham
 

pounds

 
pension
 

shillings

 

twenty

 

contained

 
wholly
 

bushel

 
proportion
 
quantity

England

 

necessaries

 

standard

 

generally

 

supposed

 
periods
 

purchase

 

commensuration

 

adjustment

 

numeral


perform

 

inquired

 
silver
 

doubted

 
favour
 

variation

 
regulate
 

things

 

artificial

 
revenue

custom
 

ascertain

 

delicacy

 

danger

 

fallacy

 

current

 

equivalent

 

general

 

common

 

suspect


barley

 

shilling

 

wealth

 
aspired
 
superiour
 

literature

 

capital

 

justly

 

termed

 
degrees