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MONETERY SYSTEM 500BC- 500 AD

MONETERY SYSTEM 500BC- 500 AD. Brig Siri Munasinghe[Retired]. CONTEMPORY WRITTEN EVIDENCE IN THE ISLAND on rock inscriptions . The 3 volumes of Dr Paranavitane & other sources.

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MONETERY SYSTEM 500BC- 500 AD

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  1. MONETERY SYSTEM 500BC- 500 AD Brig Siri Munasinghe[Retired]

  2. CONTEMPORY WRITTEN EVIDENCE IN THE ISLAND on rock inscriptions . The 3 volumes of Dr Paranavitane & other sources. • ANCIENT SINHALA WORDS USED RELATING TO MONEY, TITLES,PROFESSIONS,INSTITUTES ,LOGISTICS ETC RELATED TO THE MONETERY SYSTEM.

  3. The Inscriptions are found on • Inscription of Ceylon Volume I[ IC ] , Volume II[IC 2], Volume IV, V.[IV 4 , 5 etc] • Epigraphica Zeylonica Vol I , II ,III and IV[EZ 1,EZ 2 etc]. • Inscription of Ceylon is placed on the Royal Asiatic Society of Sri Lanka Web site.

  4. WORDS INDICATING TRANSACTIONS COIN OR GOODS- From Inscription 3Cent BC-1 CentAD • DARATA- TO PAY OR INCUR EXPENDITURE,daka-pati-kara-in-come from from water tax [IC2.65.3] • DANA- WEALTH • DARADI, - MONEY LENT ON A SECURITY. darada-aya-[IC 2, 126.1] • DANA GAIYA- ACCEPTED MONEY AS PAYMENT. • PATI- an Income,A TAX [IC 1 1150,1152,1197,1218; IC 2 101,153]

  5. Income and ExpenditureAya – Vaya or Aya Viya • Records kept by scribes on the deed of kings[ Mahavansa], at his death bed King Dutugemunu’s was read out to him.The expenditures during various stages of building Vihares and the Lohapasada and Maha-stupa. The budget during the 14 years of building the Maha-stupa was twenty Koti[ of Silver kahapanas ?]. 200,000,000K

  6. Annual Budget of King Dutugemunu? • To recreate the budget of King Dutugemunu in this manner, will show that his budget for an year exceeded a commodity value of 39 Million gram of Silver.The Mahavansa explains how the Silver currency along with Gold and Copper finds managed to balance the budget. [The Silver Mines of RidI vihare]. • This may be compared with Ceylon’s budget in the early 1900’s when the currency was Silver Rupees and Cents.

  7. OTHER OTHER MEANS OF REVENUE IN AN AGRICULTURAL SOCIETY? • TAX FOR FISHING IN TANKS AND CANALS. • TAX FROM HUNTING OR MEAT TAX-WAHAWARA BAKA.- IC NO 23-KOK EBE. • WATER TAX TO FIELDS- • TAX FORM CROPS-PADDY, ULUNDU, GREEN GRAM ETC

  8. OTHER SOURCES • CUSTOM DUTY- IC NO 23-GODAWAYA • TAX FROM FERRIES IC 45 MINVELA • MONEYS COLLECTED FROM COURTS-FINES, KORAVAKGALA Inscription.Two kahapanas per day.

  9. COINS ARE MAINLY FOR TRADE • SO MUCH WRITTEN AND UNWRITTEN ABOUT TRADE BOTH INTERNAL AND EXTERNAL. • THERE ARE SUPPOSED TO BE 14 INSCRIPTIONS WITH SHIP SYMBOLS ON THEM. • ABOUT TRADE GUILDS, TRADE CORPORATIONS [PUKA OR PUJA] ETC.

  10. Magnitude of expenditure of Kings In Vol I No-1199 “Navalaka [Nine Lakhs] Spent FOR LABOUR [Hata paya kama] by king a construct a tank”

  11. King Wahaba [65-109 AD] • Built large tanks and canals. After this lot of cultivation Paddy, Ulundu, and other cereals in plenty. Cultivation of Cotton and Sugarcane [ sweet meats]. Machine used to crush sugar- King Mahacula Mahatissa[76-72 BC] gone incognito and worked as a labourer[ Mhv ch.xxxiv- para4-5. • All this needed good steel implements. There is evidence of advanced techniques of manufacture,and a demand for exports.

  12. TRANSACTIONS OF KING SABA • AT VIHAREGALA INSCRIPTION NO 43 VOL II.EAST OF ANURHADAPURA. KING SABA PURCHASED A TANK FOR FIVE HUNDRED AND SPENT ANOTHER FIVE HUNDRED TO DE-SILT IT. THE NAME OF VIHARE IS EKADORIKA AND SAME IS MENTIONED IN MAHAWANSA AS EKADAVARA. • WORD KADAVI MEANING CANCELLED IS WRITTEN UNDERNEATH THIS.

  13. VASABA INSCRIPTION AT SINADIYAGALA NO 46 • THIS KING HAS SPENT HUNDRED THOUSAND AND QUARTER KAHAPANAS AT DAKKINA VIHARE. ALSO STATES HAVING PURCHASED A TANK FOR FIVE THOUSAND KAHAPANAS. HE HAS PAID OUT 200 MASAKAS AMOUNG FIFTY FAMILIES.

  14. VILEVAVA INSCRIPTION NO 65INSCRIPTION OF GAJABA MOTHER, THE DAUGHTER OF KING SABA PRINCESS MAHAMATTA HAD SPENT HER OWN WEALTH AND PAID 4000 KAHAPANAS AND DONTED SAME TO HER OWN MONASTERY. THE TANK WAS SOLD BY LEHEYA THE WIFE OF GREAT ACTOR.

  15. PROFFESIONS WHO DEALT IN COINS • EVIDENCE OF THOSE THAT MINTED AND DEALT WITH THEM ARE IN THE INSCRIPTIONS • RUPADAKA-IC 940 • RUPA-VAPARA-IC 1205

  16. THE EQUIPMENT AND MATERIALS REQUIRED • MOULDS, RAW MATERIAL, CRUCIBLES, EQUIPMENT ETC ARE FOUND DURING EXCAVATIONS AND A LOT WITH THE MEMBERS OF SLNS.

  17. MANAGERS OF THE FINANCES?[ 300 BC-100AD] • BADA-KARIKA IC VOL I 3,39,1035,… • GANAKAS-IC 212,419,580,….. • AMATAYA-BADAKARIKA-IC 1192 • PANITA-BADKIRIKA-IC 1035 • GANACADAKA-IC 86? • AYAKA- IC-703

  18. IN MAHAWANSA DEVANAM-PIYATISSA SENT A GANAKA NAMED TISA IN HIS FIRST DELEGATION TO ASOKA. TITLE OF SETTI CONFFERED BY ASOKA, ONE DISTINCTIVE OF HEAD OF BANKING OR OF A MERCENTILE CORPORATION.

  19. GANAKAS.ACCOUNTANT- VERSED IN GANITHA MATHEMATICS • POST HELD BY PARAMUKAS AND GAMIKAS.- over 8 of them [300BC-100 AD] all over the Island. • A chief –Accountant named Vahali [Maha-ganaka- Vol I No 419]. • A SEAL OF A GANAKA- RAJ SOMADEVA

  20. MAHWANSAMAHABODHIWANSA MAHINDA’S MOTHER WAS A DAUGHTER OF A BANKER IN VEDISA. HER 8 BROTHERS ACCOMPLAINED THE BO TREE. MANY MEDIVIAL KING CLAIM RELATIONSHIPS TO SUMITHRA THE ELDEST BROTHER.

  21. Badagarika • A GREAT DIGNITARY OF STATE. BELONGED TO NOBILITY-GAMIKA OR PARAMUKAS.THE KINGS TRESURER.HISTORY OF CEYLON VOL I PT I PG 232. • GOTABAYA WAS THE BADGARIKA OF SIRISANGABO BEFORE HE DISPLACED HIM. • Mahawansa - INSCRIPTION [EZ., III PG 116], REFERS TO GAJABAHU [113-125 AD] .ACCOUNTANTS. BADA-KARIKA

  22. KORAWAKGALA .SITULPAVU INS- CHIEF CEMA SON OF CHIEF SUMANATHE TRESURER OF PITA MAHARAJA -VATTEGAMINI ABAYA

  23. PANITA-BADKIRIKA-INSCRIPTION NO 1035 VOLUME I AT ANURHADAPURA • PANITAMEANS RESERVES OR IN DEPOSIT. TWO TYPES OF TRESURIES- CURRUNT EXPENDITURE AND RESERVES. • PERHAPS ONE WHO WAS RESPONSIBLE FOR THE RESERVE TREASURY.IT IS MENTIONED HE SERVED A KING

  24. RESERVE TREASURY • THEY HELD COINS AND OTHER GOODS AND OBJECTS THAT CAN BE CONVERTED TO CURRANCY. PERHAPS paddy, GEMS, IVORY, GOLD AND SILVER JEVELLARY ETC. Kosthagarika. • LATER INSCRIPTIONS TALK OF DEPOSITS TO MONASTRIES AND THE INTERSET OF WHICH WAS USED TO MAINTAIN MONASTERIES AND MONKS ETC.

  25. GANAC [O] DAKA • PERHAPS A DIRECTOR OF COPORATION.NAMED DATTA. This is no 89 of Volume I, an early inscription[ 3 Cent BC]found at Vessagiriya at Apura. • The coin found in a layer carbon dated to Pre 3 Cent BC, is inscribed as • Da Ta Ha

  26. AYAKA PARAMUKA PUSSADEVA WAS THE REVENUE OFFICER OF THE GREAT KING TISSAMAHARAMA INSCRIPTION.

  27. KOK-EBE INSCRIPTION NO 37 VOL II THALATHA THE DAUGTHER OF PRINCE SANGA THE REVENUE OFFICER OF KING BATHIYA ABAYA II-

  28. DEPOSITED WITH INTEREST • THONIGALA INS-NO 73 EZ III No 17: A SON OF A MINISTER DEPOSITS IN A NIYAMATHANA - PADDY, ULUNDU ETC , AND THE INTEREST ACCRUED TOWARD DANE – DURING KING MAHASEN.

  29. DEPOSITS/INTEREST • AT OTTAPUVA NO IC 104; 100 KAHAPANAS DEPOSITED AND INTEREST UTILISED FOR…….AT MALA-ANULAPA VATTHA MAHAVIHARE. • ALSO IC VOL II NO 10 • IC NO VOL II NO119 • IC VOL II NO 154

  30. NIYAMATHANA • IT IS A BANK OR BOARD OF TRUSTEES Kalamahamata, AT THE NORTH GATE OF ANURHADAPURA CITIDAL. • IN THE INSCRIPTION AT Kekirawa- ASC/ AR 1896.GRAIN WAS DEPOSITED. • The labuatabandigala Inscription a similar Institution NIYAMATHANA at the Eastern Gate.HERE 100 KAHAPANAS WAS DEPOSITED AND INTEREST ACCRUED ……

  31. Money deposited and the Interest to arise- Given on Interest. • The word for Money given Interest was vada [Skt- Vrddhi] in IC 2 nos 104,119, 164.Vadeka-kota given on interest in IC 2 116. • Example- Me kahavana vadi Kotaya [Having made these Kahapanas yield an Interest]- so that the offering to a temple would be continued. This is regarding an deposit of 50 Silver Kahapanas made to Rakkha Vihare by a Municipal Officer named Veamana.- Inscription No 139 IC 2 Voloume II page 231.# Cent AD.

  32. ATANASKT- AYATHANA • THESE IS A REVENUE COLLECTING HEAD QUARTERS. • IC VOL II NO 72[ KING MALI-TISSA ] & NO 92[ MAHALLAKA MAHANAGA], BOTH AT TAMMANKADA- MENTIONS OF ANTANA OR ATENEHA SITUATED AT UTTARAPURA. • Ic No 94 at Apura , anotherAtana a revenue district of Devagama is mentioned during the Time of King Kanita Tissa[ 164-192AD]

  33. BURSER- ATASAMA • VEHERAKETIYA INSCRIPTION IC 165 NEAR KIRINDA.- A BURSER NAMED CAPATAYA OF THE MONASTRY HAS DONATED MONEY.THIS IS DURING THE PEROD OF KING MAHESENA LATE 3 CENT AD.

  34. INSCRIBED COINS • COIN EXCAVATED AT APURA • ……Ya Ra Ja Pu Ta Sa Na Ga’ • BRIG HETTIARACCHI INSCRIBED COIN • ‘KU DA KA TI SA PU TA PA NA YA’ ANOTHER COIN IS INSCRIBED ‘NA TA A TA PA NA YA’ Read as Nata Atrapani , Why not ‘ Na ta A da pa na ya ???

  35. Some early miniature inscriptionof Sri Lanka-Raj Somdeva • A LOCAL KING NAMED CINTA NAME • ‘ RA NA CI NA TA NA MA’ • - A fish -250 BC-’ci’ • A VICEROY HAS ISSUED A COIN ‘SA YA MA HA YA HA’ .

  36. KARA -KANEYAHIREVENUE AGENCY • KING MAHANAGA[ 7-19] AD GRAND CHAMERLAIN’S INSCRIPTION OF KADURUVAVA NO 39 OF VOL II. IN KURUNEGALA DISTRICT- MENTIONS THE REVENUE AGENCY OF GAVIDA-GANAKA. • Kara- Revenue

  37. BADA GABEHIA VAULT WHERE VALUABLES ARE STORED • An Inscription at Ruvanvelieaya No 86 of Vol II, mentions of a document written on Talipot leaf[ Pana], been deposited in the treasury vault of Lohapasda. This is a donation of a tank, dam, and land of 8 karisha granted to the Mahatupa. It is dated the Full moon day of waxing moon, in the month of Pussa in the first year of the raising the Umbrella of King Kanitta Tissa the Son of King Naga.

  38. ArekahiAraksha- Guarding or Security • No 88[ Minvila] & 89[ Somavati- Ceitiya] of Vol II. Time of King Kaniitta Tissa has provided 500 kahapanas for renovating the three Ferries and for Guarding the monastery. • Also of interest is • ‘ …the Kahapanas due on account of the proclamation made to this Vihare is not received………. A fine of 500 kahapanas will be paid..’

  39. AN INSCRIPTIONS THAT STATES THAT MONEY WAS USED TO PY TAX • HABARANA INS NO 99 OF VOL II OF KING KANTTHA TISSA. Here the king gives his overlords income to Abala and to Vesamany the Guard , the Grandson of great soldier, so that they pay money- Rana in return to Kula- amana [ one amana of Paddy for each Kula of Paddy] tax.

  40. RAJA WICKREMASINGHE COINS • THREEGAPATI’s HAVE ISSUED COINS. • SIVA, TISA, NAGA, MAJHIMA , DATA ETC HAS ALL ISSUED COINS-HOWEVER NO RANK OR TITLE OR PROFFESSION IS GIVEN. • SOME TIME THE SON WHO ISSUED COINS HAS GIVEN THE MOTHERS NAME.. EX SUJATHA PUTHA OCCURS TWICE. The word Sujata was queen mother born to seven generation of Kehatriya Blood Royalty.

  41. Factor 1 • Kahapanas has been used to value and to make payments goods and services, also used to pay fines is courts, Taxes and Custom duties etc.. Deposits of kahapanas ,Paddy and Ulundu were made to monasteries and other institutes ,.

  42. Factor 2 • The following officials were in place • Minister to the treasury, Treasurers, Chief Accountant and accountants, Directors of Financial Corporations, Revenue officers, Bursars,etc.

  43. Factor 3 The King had Two types of treasuries 1.One for Routine Expenditure 2.A reserve.

  44. Factor 4 • There were different revenue districts for collection of revenue. • The Headquarters of these are mentioned.

  45. Factor 5 • There Financial Corporations, Banks or An assembly of a Board of trustees. • These banks and revenue collections sections had Bank Vaults where treasures were deposited. • There were Guards or security officers were at the monasteries.

  46. THE ABOVE INSTITUTION BELONG TO • 1. TO THE KINGS AND SUB KINGS • 2.TO PRIVATE ORGANISATIONS OR COPORATIONS. • 3. RELIGIOUS INSTITUTIONS OR MONASTERIES.

  47. INSCRIBED COIN ISSUES • A PANAYA ISSUED BY KUDATISA. • COINS ISSUED BY SUB KINGS. • PRINCES/ HAVE ISSUED COINS. • VICEROYS HAVE ISSUED COINS. • GAPATIES HAVE ISSUED COINS. • NAMES SUCH MAJHIMAHA, NAGA, TISSA, SIVA , GUTA ETC HAVE ISSUED COINS

  48. BUDDHIST MONASTERIES • THEY WERE IN ADDITION TO A PLACE OF WORSHIP, A UNIVERCITY, HAD HOSPITALS FOR MAN AND BEAST, SECURITY … • A BOARD OF TRUST THAT TOOK DEPOSITS OF MONEY[ A BANK] AND MATERIALS THAT CAN BE CONVERTED INTO MONEY. WAS MONEY LENT TO TRADERS AND DEPOSIT OF MONEY was made and INTEREST utilised ?. EVIDENCE OF COIN MINTS , COIN MOULDS, CRUCIBLES AND OTHER EQUIPMENT FOR COINING HAS BEEN FOUND. • They had bursars, Vaults for deposits, and guards for security

  49. LATE ANURHADAPURA PERIOD • THE MOST IMPORTANT OFFICE NEXT TO THE ARMY COMMANDER WAS THE TRESURER. BUT EMPOYEES OF THE TRESURY AS RUVANA- VASSAN, KULATSAM-ARUB AND PITASSAM-ARUB[ THE DE-RUVANA -RATANA-TREASURE] THE INNER AND OUTER TREASURIES.

  50. POLONNARUWA PERIOD • KING PARAKRAMABAHU I HAD A SCRIBE LEKHAKA – VAGGA TO MAKE ESTIMATE OF HIS REVENUE AMOUNG OTHER THINGS. KNOWN AS BHANDARA -POT • Nissankamalle Council Chamber- HAD A PLACE MARKED FOR THE TREASURER

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