Abstract
It is widely believed that bronze coins appeared in China during the Spring and Autumn period and that their circulation expanded rapidly during the Warring States period.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
In Greece during this period, there existed close to 1,000 polis (Greek city states). Outside the polis were the berber (βάρβαροι, non-Greek) and the xenoi (ξένος, Greeks who were outside the polis’ authority). Inside the polis were citizens, metoicoi (resident foreigners), slaves and women. For example, for Athenians, those who were Greek outside Athens were called xenoi, and those who were non-Athenian in Athens were called metoicoi (μέτοικο). According to Herman, the term xenoi had two meanings, ‘an unacquainted foreigner’ and ‘a visitor, or a foreigner with whom they share mutually hospitable relations’. Since the time of Homer, the term customarily held the latter meaning, in particular amongst the xenia. Xenia was a practice particular to the social elite and referred to the ‘bonds of affection that connected people from a different society or community’. It was a ‘ritualised friendship’ formed with mutual vows, the shaking of hands, favours and appeal. Participants exchanged goods and services with one another and provided mutual assistance. Each polis (e.g. polis A), would select a person from among the foreigners living in a foreign state (e.g. polis B) and call him the proxenos (πρόξεινος). The citizens of polis A would treat him as having relations with all citizens of polis A based on the ritualised friendship, and when citizens of polis A visited polis B, the proxenos was responsible for their care (Herman 1987). The similarities and differences between this special human relationship and the guest culture of ancient China have become points of discussion in our meetings. Certainly, the two are both ‘relationships with foreign companions based upon a custom of reciprocity’ and can be seen to contribute directly and indirectly to the construction of information networks between cities. Also, when the two parties of a xenia relationship came into conflict with the polis to which they belonged, they would agonise about whether they should prioritise their personal relations with the xenia or the profit of various kinds for the polis. This debate was the same for the guests of state in China. For example, at the end of the Warring States period, Hán Fēi (韓非), one of the Han royalty viewed as an excellent lawyer, was in the Qin as a guest, but the Qin king feared that Hán Fēi would ultimately submit policies to profit the Han. Because of this, the Qin killed Hán Fēi. The Qin king later attempted to promulgate the order for guests to leave (逐客令) because of the likelihood that guests would place greater importance upon their native state’s profit. However, in contrast to the xenoi who resided in the foreign state, the guests stayed only temporarily in the state. Also, in contrast to the xenia relationships being affectionate, based on one-to-one meetings, many guests in the political field gathered around the high prestige and economic power possessed by a lord, and thus, if the lord lost his prestige or political power through morally deviant acts, the guests suddenly took flight to distance themselves from the lord. For example, when Mèngcháng jūn (孟嘗君) was the prime minister of Qi, he hosted as many as 3,000 guests, but attracted the envy of the king. After being stripped of his rank, Mèngcháng jūn’s guests disappeared Afterwards, due to the great efforts of Féng Huān (馮驩), one of Mèngcháng jūn’s guests, he was reinstated as prime minister, and once again 3,000 guests gathered in his halls. Mèngcháng jūn meant to scold his guests, but Féng Fuān stated: ‘It is natural that those with wealth and rank will have many followers and that the poor will have few. It is natural too that when you lost your rank, your esteemed guests took their leave. Therefore, it would do no good to resent your guests or reject them in vain’ (see Record of Mèngcháng jūn). This differs from the xenia. However, on the other hand, there also existed during the Spring and Autumn and the Warring States periods the principle of communication known as Rènxiá (任侠), chivalry. This required that ‘civilians depend upon their own swords, set up groups, adhere to the groups staking their lives in a single pledge, and, especially, endeavour to save their friends and family irrespective of life, death, and personal interests’. These requirements sometimes encompassed unlawful acts. This mindset is what underlies at least a part of modern gangs, the mafia and the yakuza, but in the Spring and Autumn and the Warring States periods, many possessed this mindset (Miyazaki 1934; Masubuchi 1996). That is not to say it was a value supported by everybody at the time, but rather that it was one principle of communication alongside family, rank and money. This value’s importance depended upon the person, but those who made little of the traditional clan system in ancient China looked upon chivalry as important (Kakinuma 2011). Among the Chinese guests of state, too, there were many who viewed this ethos as important. For example, the abovementioned Féng Huān assisted Mèngcháng jūn, who had lost his title and all of his guests. For doing so, Féng Huān gained favour. In the Spring and Autumn and the Warring States periods, many assassins, starting out as guests of state, tried to attain retribution for their murdered lords (see Record of Assassins in Shiji). This kind of human relationship rooted in chivalry also involved foreigners. For example, in the last years of the Spring and Autumn period, the son of Fàn Lí (范蠡) of Yue was deemed a criminal in the Chu. Fàn Lí sent a dispatch to his old friend, Zhuāng Shēng (荘生) of the Chu, and a large sum of money. Zhuāng Shēng, not touching the money, decided to secretly save his friend’s son without compensation. Fànlí had known that Zhuāng Shēng did not want his money, but Fàn Lí’s emissary had doubted Zhuāng Shēng. When Zhuāng Shēng found out, he refused to save Fàn Lí’s son (see Biography of the Yue). This indicates that a chivalrous relationship existed between Fàn Lí and Zhuāng Shēng. This story has a strong legendary element, and there are doubts about whether the incident actually occurred in the Spring and Autumn period. Yet, because it is recorded in the Han dynasty’s Shiji and there were probably other original sources before the Han period, it is certain that the story and its contents were viewed as important from the Warring States period to the Han period. This was an interpersonal relationship similar to xenia and, in this, there can be seen a resemblance between China and Greece. At the very least, chivalry differed from xenia in that (1) it was not limited to foreigners; (2) it encompassed a mindset powerful enough that people would stake their lives; and (3) those involved were inclined to refuse an exchange of money. Please refer to Schap’s paper for more information regarding the xenia.
References
Adachi, K. (1990). Sensei Kokka to Zaisei & Kahei. In Minshin Chūgoku no Keizai Kōzō (pp. 345–73). Tokyo: Kyūko Shoin, 2012.
Aglietta, M., & Orléan, A. (Eds.). (1998). La Monnaie Souveraine. Paris: Odile Jacob.
Akerlof, G. A. (1970). The market for lemons: Quality uncertainty and the market mechanism. Quarterly Journal of Economics, 84(3), 488–500.
Benveniste, È. (1969). Le Vocabulaire des Institutions Indo-Européennes, 1, Economie, Parenté, Société. Paris: Èditions de Minuit.
Chén, W. (1996). Bāoshān Chŭjiàn Chūtàn. Wŭhàn: Wŭhàn Dàxué Chūbǎnshè.
Coase, R. H. (1937). The nature of the firm. Economica, 4, 386–405.
Cook, R. M. (1958). Speculation on the origins of coinage. Historia, 7, 257–262.
Crawford, M. H. (1970). Money and exchange in the Roman world. Journal of Roman Studies, 60, 40–48.
de Montesquieu, C.-L. (1748/1989). The spirit of the laws. Cambridge: Cambridge University Press.
Dèng, C. (1994). Xiānggǎng Dàwān Chūtŭ Shāngdài Yázhāngchuàn Chūlùn. Wénwù, 12, 54–63.
Emura, H. (2000). Syunju Sengoku Shinkan Jidai Shutudo Moji Shiryo no Kenkyū. Tokyo: Kyūko-Shoin.
Emura, H. (2011). Syunju Sengoku Jidai Seido Kahei no Seisei to Tenkai. Tokyo: Kyūko-Shoin.
Fujita, T. (1996). Shinkan bakkin Kō. In Umehara, K. (Ed.), Zenkindai Chūgoku no Keibatsu. Kyoto: Kyoto Daigaku Jinbun Kagaku Kenkyūjo.
Fujita, K. (2005). Chūgoku Kodai Kokka to Gunkensei. Tokyo: Kyūko Shoin.
Fukuda, T. (1889). Fukujo to Kahei no Kankei ni tsukiteno Gukō. Kokka Gakkai Zasshi, 24(7), 89–100.
Fukui, S. (2005). Kandai Jukyō no Shiteki Kenkyū. Tokyo: Kyūko Shoin.
Gibson, H. E. (1940). The use of cowries as money during the Shang and Chou periods. Journal of the Northern China Branch of the Royal Asiatic Society, 71, 33–45.
Gù, J., & Shǐ, N. (Eds.). (1938). Zhōngguó Jiāngyù Yángéshǐ. Chángshā: Shāngwùyìn Shūguǎn.
Hamada, K. (1912). Shina Kodai no Baika ni tsuite. In The collection of Hamada Kosaku , 3, Kyoto: Dōhōsha, 1989.
Hara, M. (1994). Kodai Chūgoku no Kaihatsu to Kankyō: ‘Kanshi” Chiyin-Hen Kenkyū. Tokyo: Kenbun Shuppan.
Hara, M. (2004). Sengoku En no Kankyō to “Ryōiki Kokka” Gainen & Sobyō. Kumatsushū, 11, 285–308.
Hara, M. (2005). “Nōhon” Shugi to ‘Kōdo” no Hassei. Tokyo: Kenbun Shuppan.
Hashimoto, A. (2006). Sengoku Cho no “Kohuku Kisha”. Nagoya Daigaku Tōyōshi Kenkyū Hōkoku, 30.
Hayek, F. A. (1976). The denationalization of money: The argument refined—an analysis of the theory and practice of concurrent currencies. London: The Institute of Economic Affairs.
Herman, G. (1987). Ritualised friendship and the Greek city. Cambridge: Cambridge University Press.
Hicks, J. R. (1967). Critical essays in monetary theory. Oxford: Clarendon Press.
Hirao, Y. (2001). Kodai Higashi Asia Seido no Ryūtsū. Tokyo: Tsuruyama-Dō.
Hirschman, A. O. (1970). Exit, voice, and loyalty: Responses to decline in firms, organizations, and states. Cambridge: Harvard University Press.
Hisamura, Y. (1956). So & Shin no Kanchugun ni tsuite. Shigaku Zasshi, 65(9), 46–61.
Huáng, X. (2001). Xiānqín Huòbì Tōnglùn. Bĕijīng: Zǐjīnchéng.
Hume, D. (1742). Of the Rise and Progress of the Arts and Sciences. Reprinted in Haakonssen, K. (Ed.), David Hume: Political essays (pp. 58–77). Cambridge: Cambridge University Press.
Inaba, I. (2007). Nangun no Kensetsu to Sengoku Shin no Kahei Seido. Shirin, 90(2), 1–29.
Kageyama, T. (1984). Chūgoku Kodai no Shōkōgyō to Senbaisei. Tokyo: Tokyo Daigaku Shuppankai.
Kakinuma, Y. (2009). Gokan Jidai ni okeru Kahei Keizai no Tenkai to Sono Tokushitsu. Shiteki, 31, 64–101.
Kakinuma, Y. (2010a). Shindai Kahei Keizai no Kōzō to Sono Tokushitsu. Tōhōgaku, 120, 18–33.
Kakinuma, Y. (2010b). Sangoku Jidai no Sōgi ni okeru Zeisei Kaikaku to Kahei Keizai no Shitsuteki Henka. Tōyō Gakuhō, 3, 1–27.
Kakinuma, Y. (2011). Chūgoku Kodai Kahei Keizaishi Kenkyū. Tokyo: Kyūko Shoin.
Kakinuma, Y. (2012). Shŭhàn de Jūnshì Zuìyōuxiānxíng Jīngjì Tǐxì. Shǐxué Yuèkān, 9, 28–42.
Kakinuma, Y. (2013). Sengoku Chō Bureio no Shokaikaku. Nihon Shinkanshi Kenkyu, 13.
Kant, I. (1784). Idea of a universal history from a cosmopolitan point of view. In P. Gardiner (Ed.), Theories of history (pp. 22–34). New York: Free Press, 1959.
Katō, S. (1926). Tōsō Jidai ni Okeru Kingin no Kenkyū. Tokyo: Tōyō Bunko.
Kim, B.-J. (1997). Jungguk Godae Jiyeok Munhwa Wa Gunhyon Jibae. Seoul: Iijogak.
Kimura, M. (1955). Chūgoku Kodai Kaheisei. Tōyō Shigaku Kenkyū, 4.
Kraay, C. M. (1964). Hoards, small change and the origin of coinage. Journal of Hellenic Studies, 84, 76–91.
Kudo, M. (2006). Shin no Hashoku Shihai to Hōsei and Gunkensei. Asia Chi’iki Bunkagaku No Kōchiku: 21 Century COE Programme Kenkyū Shūsei (pp. 24–52). Tokyo: Yuzankaku.
Kuroda, A. (2003). Kahei System no Sekaishi: ‘Hi Taishōsei” wo Yomu. Tokyo: Iwanami Shoten.
Kuroda, A. (2008). What is the complementarity among monies? An introductory note. Financial History Review, 15, 7–15.
Lasch, C. (1995). The revolt of the elites and the betrayal of democracy. New York: W.W. Norton.
Laum, B. (1924). Heiliges Geld. Tübingen: J.C.B. Mohr.
Lévi-Strauss, C. (1962). La Pensée Sauvage. Paris: Librairie Plon.
Li, F. (2006). Landscape and power in early China: The crisis and fall of the Western Zhou 1045-771BC. Cambridge: Cambridge University Press.
Lù, H. (1986). Zhànguó Shíqī Zhōngshān de Jiāotōng. Hébĕi Xuékān, 5.
Lǚ, C., & Méi, L. (1994). Ānhuī Féixīxiàn Xīncāngxiāng Chūtŭ Yǐbíqián. Zhōngguó Qiánbì, 3, 45–46.
Lucassen, J. (Ed.). (2007). Wages and currency: Global comparisons from antiquity to the twentieth century. Bern: Peter Lang.
Mǎ, F. (Ed.). (1988). Zhōngguó Lìdài Huòbì Dàxì: Xiānqín Huòbì. Shànghǎi: Shànghǎi Rénmín Chūbǎn.
Mǎ, F. (Ed.). (2002). Zhōngguó Lìdài Huòbì Dàxì 2: Qínhàn Sānguó Liǎngjìn Nánbĕicháo Huòbì. Shànghǎi: Shànghǎi Císhū Chūbǎn.
Makino, T. (1950). Chūgoku Kodai no Kazoku ha Keizaiteki Jikyu Jisokutai ni Arazu: Chūgoku Kodai Kahei Keizai no Hatten. In The collection of Makino, Tatsumi, 6: Chūgoku Shakaishi No Shomondai. Tokyo: Ochanomizu-Shobō, 1985.
Marx, K. (1872). Das Kapital. In Karl Marx—Friedrich Engels Werke (4th ed., Vol. 23). Berlin: Dietz, 1961.
Masubuchi, T. (1996). Chūgoku Kodai no Shakai to Kokka. Tokyo: Iwanami Shoten. (New Edition).
Matsui, Y. (1995). ‘‘Ōke” to Sai’. In Shūdai Kokusei no Kenkyū (pp. 94–121). Tokyo: Kyūko Shoin, 2002.
Matsumaru, M. (1963). Inkyo Bokujichū no Denryōchi ni tsuite: Indai Kokka Kōzō Kenkyū no tameni. Tōyō Bunka Kenkyūjo Kiyō, 31.
Matsumaru, M. (1992). Seishū Jidai No Jūryō Tan’i. Asia No Bunka To Shakai, 2. Tokyo: Kyūko Shoin.
Matsumaru, M. (2001). Yin Shū Shunjushi Sōsetsu. Yin Shū Shinkan Jidaishi no Kihon Mondai. Tokyo: Kyūko Shoin.
Menger, C. (1923). Grundsätze der Volkswirtschaftlehre (2nd ed.). Wien: Holder Pichler Tempsky.
Miyake, K. (2006). Kansho no Nijuttō shakusei: Seidoshi teki Kōshō. In Chūgoku Kodai Keiseishi no Kenkyū (pp. 309–346). Kyoto: Kyoto Daigaku Gakujutsu Shuppankai, 2011.
Miyazaki, I. (1934). Yūkyo ni tsuite. In The collection of Miyazaki, Ichisada, 5 (pp. 267–284). Tokyo: Iwanami Shoten.
Miyazaki, I. (1940). Ko no Kigen ni tsuite. In The collection of Miyazaki, Ichisada, 5 (pp. 264–325). Tokyo: Iwanami Shoten, 1991.
Miyazaki, I. (1962). Sengoku Jidai no Toshi. In The collection of Miyazaki, Ichisada, 3 (pp. 164–181). Tokyo: Iwanami Shoten, 1991.
Miyazaki, I. (1964). Rikuchō zuitō no Shakai’. In The collection of Miyazaki, Ichisada, 7 (pp. 119–132). Tokyo: Iwanami Shoten, 1992.
Momiyama, A. (1985). Shakuseiron no Saikentō. Atarashī Rekishigaku no Tameni, 187, 1–12.
Momiyama, A. (1995). Kotei Shihai no Genzo: Minshaku Shiyo wo tegakarini. In M. Matsubara (Ed.), Oken no Isō (pp. 354–376). Tokyo: Kobundo.
Nishijima, S. (1961). Chūgoku Kodai Teikoku no Keisei to Kozo. Tokyo: Tokyo Daigaku Syuppankai.
Ogura, Y. (2003). Saden ni okeru Ro ni tsuite. In The collection of Ogura Yoshihiko, 3, Tokyo: Ronsōsha.
Ōta, Y. (2007). Chūgoku Kodai Kokka Keisei Shiron. Tokyo: Kyūko Shoin.
Peng, K. (2000). Coinage and commercial development in Eastern Zhou China (Ph.D. Dissertation). The University of Chicago.
Quán, H. (1941). Zhōngguó Zìrán Jīngjì. In Zhōngguó Jīngjìshǐ Yánjiū, 1, Taipei: Dàoxiāng, 1980.
Rajan, R. G., & Zingales, L. (2003). Saving capitalism from the capitalists: Unleashing the power of financial markets to create wealth and spread opportunity. New York: Crown Business.
Rawson, J. (1989). Statesmen or barbarians? The Western Zhou as seen through their Bronzes. Proceedings of the British Academy, 75, 71–95.
Rawson, J. (1999) Western Zhou archaeology. In M. Loewe, E. Shaughnessy (Eds.), The Cambridge history of ancient China: From the origins of civilization to 221 B.C. (pp. 352–449). Cambridge: Cambridge University Press.
Schaps, D. M. (2007). The invention of coinage in Lydia, in India, and in China. Bulletin de Cercle d’Etudes Numismatiques, 44(3), 281–300.
Scheidel, W. (2009). The monetary systems of the Han and Roman empires. In W. Scheidel (Ed.), Rome and China: Comparative perspectives on ancient world empires. Oxford: Oxford University Press.
Schumpeter, J. A. (1949). Theory of economic development. Cambridge: Harvard University Press.
Sekino, T. (1962). Senshin Kahei Zakko. In Chūgoku Kokogaku Ronko (pp. 55–102). Tokyo: Doseisha, 2005.
Shí, Y. & Wáng, S. (1987). ‘‘Jiānshŏudāo” Huà de Chūbù Yánjiū’. Kǎogŭ yŭ Wénwù, 1, 82–91.
Shimoda, M. (2008). Chūgoku Kodai Kokka no Keisei to Seido Heiki. Tokyo: Kyūko Shoin.
Shirakawa, S. (1955). Sakusatsu Ko. In The collection of Shirakawa Shizuka: Bekkan Kokotsu Kinbungaku Ronso. Tokyo: Heibonsha, 2008.
Silber, W. L. (1983). The process of financial innovation. The American Economic Review, 73(2), 89–95.
Skinner, W. G. (1964/1965). Marketing and social structure in rural China. Journal of Asian Studies, 24 (1–3).
Tierry, F. (1997). Monnaies Chinoises, I: L’antiquite Preimperiale. Paris: Bibliothèque Nationale de France.
Tomiya, I. (1998). Shinkan Keibatsu Seido no Kenkyū. Kyoto: Dōhōsha.
Utsunomiya, K. (1950). Seikan Jidai no Toshi. In Kandai Shakai Keizaishi Kenkyū (2nd ed., pp. 107–140). Tokyo: Kōbundō Shobō, 1967.
Vaubel, R. (1977). Free currency competition. Weltwirtschaftliches Archiv, 113(3), 435–461.
von Falkenhausen, L. (1997). Yŏuguān Xīzhōu Wǎnqī Lǐzhì Gǎigé jí Zhuāngbái Wēishì Qīngtóng Qìniándài Xīnjiǎshuō: Cóng Shìxì Míngwén Shuōqǐ. Zhōngguó Kǎogŭxué yŭ Lìshǐxué zhī Zhĕnghé Yánjiū (pp. 651–675). Taipei: Academia Sinica.
von Glahn, R. (1996). Fountain of fortune: Money and monetary policy in China, 1000–1700. Berkeley: University of California Press.
Wáng, G. (1921). Shuō Juépéng. In Guāntáng Jílín. Bĕijīng: Zhōnghuá Shūjú.
Wáng, X. (1979). Zhōngguó Gŭdài Huòbì Tōngkǎo. Jǐnán: Qílŭ Shūshè.
Wáng, J. (1998). Jiānshŏudāo Fēnqī Yánjiū. Bĕijīng Wénbó, 3, 17–26.
Yamada, K. (2000). Kahei no Chūgoku Kodaishi. Tokyo: Asahi Shinbunsha.
Yáng, S. (2003). Bèi Shì Shāngdài de Huòbì. Zhōngguóshǐ Yánjiū, 1, 29–40.
Yoshida, T. (1933). Shina Kahei Kenkyū. Tokyo: Tō’a Keizaishi Kenkyūkai.
Yoshimoto, M. (1991). Seishū Kōhanki no Shū’ōchō: Sakumei Kinbun no Bunseki. In Chūgoku Senshinshi no Kenkyū. Kyoto: Kyoto Daigaku Shuppankai, 2005.
Yoshimoto, M. (1997). Mōshi Syokō: Sengoku Chuki no Kokka to Shakai. Ritumeikan Bungaku, 551, 257–271.
Yúnmèng Shuìhŭdì Qínmù Biānxiĕzŭ. (1981). Yúnmèng Shuìhŭdì Qínmù. Bĕijīng: Wénwù Chūbănshè.
Zelizer, V. A. (1994). The social meaning of money. New York: Basic Books.
Zhāng, C. (1997). Zhōngguó Dāobì Rénmín Huìkĭo. Shíjiāzhuāng: Hébĕi Rénmín Chūbănshè.
Zhào, D. X. (1996). Chŭguó de Huòbì. Shíjiāzhuāng. Jiàoyù Chūbănshè: Húbĕi.
Zhèng, J. (1958). Zhōngguó Gŭdài Huòbì Fāzhănshĭ. Bĕijīng: Shēnghuó, Dúshū, and Xīnzhī Sānlián Shūdiàn.
Zhōu, N. (1979). Zhōngshānguó de Yùqì. Gùgōng Bówùyuàn Yuànkān, 2, 95–96.
Zhū, H. (1984). Gŭqián Xīntàn. Jŭnán: Qílŭ Shūshè.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Kakinuma, Y. (2014). The Emergence and Spread of Coins in China from the Spring and Autumn Period to the Warring States Period. In: Bernholz, P., Vaubel, R. (eds) Explaining Monetary and Financial Innovation. Financial and Monetary Policy Studies, vol 39. Springer, Cham. https://doi.org/10.1007/978-3-319-06109-2_5
Download citation
DOI: https://doi.org/10.1007/978-3-319-06109-2_5
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-06108-5
Online ISBN: 978-3-319-06109-2
eBook Packages: Business and EconomicsEconomics and Finance (R0)