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Han & Xin · Money & Society

A Clamp on the Left Foot: Why the Han State Took Salt and Iron

Han salt and iron made merchants as rich as kings; under Emperor Wu the state appointed the magnates as officials, issued the boiling pans, and clamped the left foot of anyone who boiled salt privately.

Han & Xin · Money & Society

A Deer Hide Worth 400,000 Coins: Han China's Money Experiments

A foot-square of white deer hide priced at 400,000 coins and required at court; silver pieces valued at 3,000, 500 and 300 by their designs; a red-edged coin passing for five. All of it failed.