[Pramāṇa](https://indike.org/pramana/) › [Studies](https://indike.org/pramana/ins) › [General history and culture](https://indike.org/pramana/ins.general) › [The Cambridge History of India, Vol. I: Ancient India](https://indike.org/pramana/ins.general.rapson-1922) › v1.c19.s9.352 # The Cambridge History of India, Vol. I: Ancient India v1.c19.s9.352 The Cambridge History of India, Vol. I: Ancient India v1.c19.s9.352 - **Language:** English ### [v1.c19.s9.352](https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9.352) Of substitutes for money, such as instruments of credit, we read of signet rings used as deposit or security⁵, of wife or children pledged or sold for debt⁶, and of IOU’s or debt-sheets (\*iṇa-paṇṇāni\*)⁷. The bankrupt who, in the Jātaka tale, invites his creditors to bring their debt-sheets for settlement, only to drown himself before their eyes⁸, appears in a Milinda simile anticipating the crisis by making a public statement of his liabilities and assets⁹. The entanglement and anxieties of debt as well as the corporate liability belonging to communistic life in a religious order rendered it necessary to debar any candidate from admission to the \*Saṅgha\* who was a debtor¹⁰. And the sight of a deposited security recalling the past circumstances of the pledging is instanced in the Milinda as a case of the psychical process of recollection (\*sati\*)¹¹. - [Previous: v1.c19.s9.351](https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9.351) - [Next: v1.c19.s9.353](https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9.353) - [Up: v1.c19.s9](https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9) --- Source: [https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9.352](https://indike.org/pramana/ins.general.rapson-1922.v1.c19.s9.352) · Pramāṇa