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To: FightThePower!
A silver dollar was 90% silver at that time. So she was being paid 90 ounces of silver per week. 90 ounces x 40 weeks x $35 per ounce in today’s dollars would be $126,000 per year for a teacher right out of college.

Oops, a silver dollar (Morgan, Peace dollars, two halves, four quarters, ten dimes--all the same amount) is only .72 ounces of silver, not an ounce. $90,720/year would be more correct (still, not bad).

44 posted on 02/25/2012 8:24:29 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Smokin' Joe

Thanks for the info.


46 posted on 02/26/2012 12:32:16 PM PST by FightThePower! (Fight the powers that be!)
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