as five times less than at the death of
Solon.
Though it may not be possible to arrive at any satisfactory conclusion
respecting the quantity of gold and silver taken from the mines,
employed in objects of art and luxury, or in circulation as money in
Egypt and other countries, we shall introduce a few facts derived from
the accounts of ancient authors, relating to the amount of wealth
amassed, and the purposes to which those precious metals were applied.
We shall also show some of the fluctuations that have taken place in
the supply of them at various periods; and shall endeavor to establish
a comparison between the quantity said to have been in use in ancient
and modern times.
When we read of the enormous wealth amassed by the Egyptian and
Asiatic kings, or the plunder by Alexander and the Romans, we wonder
how so much could have been obtained; for, even allowing for
considerable exaggeration in the accounts of early times, there is no
reason to disbelieve the private fortunes of individuals at Rome, and
the sums squandered by them, or even the amount of some of the
tributes levied in the East. Of ancient cities, Babylon is
particularly cited by Herodotus and others for its immense wealth.
Diodorus (ii. 9) mentions a golden statue of Jupiter at Babylon 40
feet high, weighing 1,000 Babylonian talents; another of Rhea, of
equal weight, having two lions on its knees, and near it silver
serpents of 300 talents each; a standing statue of Juno weighing 800
talents, holding a snake, and a sceptre set with gems; as well as a
golden table of 500 talents weight on which were two cups weighing 300
talents, and two censers each of 300 talents weight, with three golden
bowls, one of which, belonging to Jupiter, weighed 1,200 talents, the
others each 600; making a total of at least 6,900 talents, reckoned
equal to $55,000,000. And the golden image of Nebuchadnezzar, 60
cubits, or 90 feet high, at the same ratio would weigh 2,250 talents,
or $17,934,820.
David, who had not the Indian and Arabian trade afterwards obtained by
Solomon, left for the building of the temple 100,000 talents of gold
and 1,000,000 of silver; and the sum given by him of his "own proper
good," "over and above all prepared for the holy house," was "3,000
talents of gold" and "7,000 of refined silver;" besides the chief
men's contributions of 500 talents and 10,000 drachms of gold, 10,000
talents of silver, and an abundance of brass, iron, and precious
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