.MzEzMg.MjYxMDc

From Georgian Papers Programme Transcription Wiki
Revision as of 12:29, 5 April 2018 by RuthH (talk | contribs) (Created page with "20. The Rate of necessarys subservient to life is the true Estimate of Money. deletion & /deletion add and /add as Wheat Corn seems of all them the mo...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

20. The Rate of necessarys subservient to life is the true Estimate of Money. deletion & /deletion add and /add

        as Wheat Corn seems of all

them the most important, our best method of valuing Corn will be by the price of Wheat in the several Ages.

Thus a Bushel of Wheat soon after the Norman Invasion was worth a penny equal to our three pence, at present a Bushel of Wheat one Year with another may be valu’d at four shillings, sixteen times as much as it was 600.Years ago; from whence we infer a person might live at that time on twenty shillings a Year of our Money as well as upon sixteen pound a Year at present.

‘Tis remarkable that the salaries at present of Curates follow this proportion in several ages, for tho they were in the earliest times a Norman Mark a Year, equal to forty of our Shillings, deletion & /deletion

                                                   add and /add their present

allowance is about thirty two pounds a Year.

Nothing is more common than the Idea of Labour being cheap 600.Years ago, whereas in truth wages were much higher than at present; a day Labourer had then a penny a day when Wheat was at a