Saturday, June 1, 2019
The Value of Currency in Eighteenth Century England Essay -- European
The Value of Currency in Eighteenth Century England For most of the eighteenth century, a bobsleigh a day was a sporting wage for most workers. Highly skilled workmen naturally made more unskilled laborers and farm workers fared somewhat less favorably. One shilling would take theatre 5 Ibs.. of meat or four rabbits, 3 quarts of strong ale, or 6 gallons of middling beer (Mays 6). M. Dorothy George relates that the cheapest theatre seat, in the top gallery, was about a shilling. And the weekly tear of a miserable London attic, ready furnished might be 1 shilling six pence (George Hogarth 51 n). John ODonald Mays points out The coin would withal allow the traveler to ride about 4 miles on the re-createcoach in winter, and a slightly greater distance in summer. At a noted Liverpool inn, The Lion, a couple could pay a shilling and enjoy a fine meal consisting of veal cutlets, pigeons, asparagus, lamb and salad, apple-pie and tarts. In London the shilling had a slightly low er purchasing power than in the provinces, but n startheless went a long way in supplying items for the family larder. For twelve pence one could get almost 4 Ibs.. of meat, 1 = Ibs.. of salt butter, almost 3 oz. of tea, 2 Ibs.. of sugar, and 2 Ibs.. of cheese. (quoted in Mays 7) For a country girl traveling to the city, the cheapest, and slowest, figure of travel was the wagon. For a mere shilling a day, which meant a halfpenny a mile, she might even have the luxury of lying in the cushioned straw. Nights however might also have to be spent either in the wagon or in a bam along the way since no respectable inn would lodge someone who rode in a wagon (George, Hogarth 51 ) . Not nearly so comfortable, but much more dignified, was the stage coach. ... ...(Porter 93). A Conversion Table from Roy Porter s English Society in the Eighteenth Century * 12 pennies (d.) = 1 shilling (s.) * 20 shillings = 1 pound * 21 shillings = 1 guinea * 5 shillings = 1 crown 100 pounds in the 18 century = about 6,000 pounds todayTo roughly diversify 18th century pounds to 1990 dollars, multiply by 100(these exchange rates and computations, compliments of Dr. Grove) Works CitedDefoe, Daniel. The Complete English Tradesman. Gloucester Allan Sutton Publ., 1987 - - - . Moll Flanders. Mineola Dover, 1996. George, M. Dorothy. Hogarth to Cruikshank Social Change in Graphic Satire. London Viking, 1987. Mays, James ODonald. The Splendid Shilling A Social History of an Engaging Coin. Burley Pardy & Son, 1982. Porter, Roy. English Society in the Eighteenth Century. London Penguin, 1990.
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