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Response to A Dime's Worth in the early 1900s

from walley (walleysworld@yahoo.com)
A dime is still woth exactly ten cents.

In 1905, five dollars a day was considered a good wage for a journeyman carpenter (for a ten hour day!). Doing the math, that translates to fifty cents an hour. Taday a carpenter in that same area is lucky to get fifteen dollars an hour, so.... even though a dime is still worth ten cents, the buying power of that 1905 dime is about three dollars in todays market.

Food for thought? Here is a link that gives a good idea about the cost of food from 1890 to 1970.

http:// www.infoplease.com/ipa/A0873707.html

(posted 7363 days ago)

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