The Stone Money of Yap - Smithsonian Institution
The Stone Money of Yap - Smithsonian Institution
The Stone Money of Yap - Smithsonian Institution
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Foreign Interpretation <strong>of</strong> Value<br />
When foreigners became involved in exchanges <strong>of</strong><br />
rai with the <strong>Yap</strong>ese, size became a dominant feature<br />
<strong>of</strong> valuation and questions <strong>of</strong> equivalence developed.<br />
Precedent for the exchange and thus the evaluation<br />
that had formerly been established suddenly had no<br />
bearing on the situation, for one <strong>of</strong> the parties had no<br />
knowledge or concern for the customary but unspoken<br />
tradition.<br />
Captain Tetens, one <strong>of</strong> the earliest observers, did<br />
not place a definite trading price on the stones.<br />
Writing in the 1860s, he injected a qualifying note<br />
by saying that the stones were considered to be <strong>of</strong><br />
"great value." 145<br />
Kubary must have searched for a set limit by<br />
which to define the value <strong>of</strong> the stone. It appears<br />
that he was concerned with a translation <strong>of</strong> <strong>Yap</strong>ese<br />
value into one that could be comprehended by the<br />
European. What he saw and learned had to be<br />
understood by the Godeffroy family and the cosmopolitan<br />
readers <strong>of</strong> their museum publications.<br />
During his first visit he stated that the stones were<br />
<strong>of</strong> "high value." 146 Later in 1889 he said, "even<br />
after O'Keefe the value <strong>of</strong> a stone measuring three<br />
hand spans remained constant, that is a stone that<br />
size was worth one pig." 147 In the next century this<br />
valuation remained the accepted foreign rate.<br />
Kubary further observed that a six foot [1.8 m]<br />
piece might be valued at one common big canoe<br />
or Palau necklace. Later in his paper, when discussing<br />
<strong>Yap</strong>ese loan interest rates, he qualified his statements<br />
by observing that values in all exchanges depend upon<br />
who is the lender and who is the borrower. 148 He<br />
was not the first to note this phenomenon, for<br />
Kotzebue in 1821 commented on marriage presents:<br />
"<strong>The</strong> value <strong>of</strong> the gift is according to the rank <strong>of</strong> the<br />
father <strong>of</strong> the bride." 149<br />
O'Keefe introduced the wholesale trade in transporting<br />
rai, which he rendered in exchange for<br />
marketable goods, such as copra and beche-de-mer.<br />
He was not "buying" or "selling" with the stones.<br />
He only retained them until they were collected by<br />
their owners and he was paid for his service in copra.<br />
<strong>The</strong> value placed on stone money pieces by the<br />
foreigners is the only indication we have today <strong>of</strong> the<br />
13<br />
foreign "rate <strong>of</strong> exchange" <strong>of</strong> these items. Sliding<br />
scales <strong>of</strong> local value have been discussed in the previous<br />
chapter. It is interesting to look at the foreign values<br />
placed on rai over the years.<br />
In 1877, Captain Ravnkilde gave to the Danish<br />
National Museum a piece <strong>of</strong> stone money 29 by 24<br />
centimeters. At that time the estimated value placed<br />
on the piece was ten Danish crowns. 150 One year later,<br />
Miklucho-Maclay, the Russian traveler who visited<br />
<strong>Yap</strong>, wrote that "many <strong>of</strong> the stone pieces have a<br />
value <strong>of</strong> many hundred dollars." 151 <strong>The</strong> Museum fur<br />
Volkerkunde at Frankfurt, Germany, has a piece that<br />
was collected by August Mockel, who visited <strong>Yap</strong><br />
between 1879 and 1883. He commented:<br />
<strong>The</strong> <strong>Yap</strong>ese Islanders fetch the stone from Conore and<br />
woik it into discs <strong>of</strong> different size. <strong>The</strong>se are then taken to <strong>Yap</strong><br />
by raft and the big ones <strong>of</strong> high value are put up at the houses<br />
<strong>of</strong> their possessors. <strong>The</strong> stone in question, 28 cm. in diameter,<br />
represents a value <strong>of</strong> about 40 mark. <strong>The</strong> stone is aragonite.<br />
In Palau-language it is called palony. 152<br />
Not all visitors, <strong>of</strong> course, placed a European value<br />
on rai. Carl Edward Meinicke, who published his<br />
Die Inseln des Stillen Oceans in 1876, only described<br />
them. 153 In 1885 Don Emilio Butron y de la Serna<br />
merely remarked that "money satisfies the king his<br />
tribute." lo4 Christian was concerned with the "great<br />
price" paid for the mispil by the men <strong>of</strong> the/az/u. 155<br />
Consul Hernsheim wrote in the 1880s that a small<br />
stone might purchase a family's food for one month. 156<br />
In 1897, when making a gift <strong>of</strong> a stone measuring<br />
38 centimeters to the Museum fur Volkerkunde in<br />
Berlin, he equated its value to that <strong>of</strong> "a piece <strong>of</strong><br />
shell money <strong>of</strong> the value <strong>of</strong> DM10 [ten Deutsche<br />
mark]." 157<br />
A piece measuring 24 centimeters was given to<br />
the Rijksmuseum voor Volkenkunde, Leiden, in 1896<br />
by Mr. P.K.A. Meerkamp van Embden, Consul <strong>of</strong><br />
the Netherlands in Manila. Remarks made at that<br />
time, perhaps by Mr. Meerkamp, in relation to the<br />
payment for the piece equate the value as that "<strong>of</strong><br />
a sack <strong>of</strong> copra equalling an amount <strong>of</strong> ca. D.F1. 1,50<br />
[about one and one half Dutch florin]." 158<br />
In 1903 Senfft spoke <strong>of</strong> rai in relation to burial<br />
rites. "Gifts represent the value <strong>of</strong> thousands <strong>of</strong>