Costs and Wages
Wages were low in Britain in the 18th century because of a surplus of labor. The average was about 50 shillings (£2.5) a year for a plowman, and 40 shillings (£2) a year for an ordinary unskilled worker. Ship captains negotiated prices for transporting and feeding a passenger on the seven or eight week journey across the ocean, averaging about £5 to £7, the equivalent of four or five years of work back in England.
Read more about this topic: Indentured Servant
Famous quotes containing the words costs and/or wages:
“Pride can go without domestics, without fine clothes, can live in a house with two rooms, can eat potato, purslain, beans, lyed corn, can work on the soil, can travel afoot, can talk with poor men, or sit silent well contented with fine saloons. But vanity costs money, labor, horses, men, women, health and peace, and is still nothing at last; a long way leading nowhere.—Only one drawback; proud people are intolerably selfish, and the vain are gentle and giving.”
—Ralph Waldo Emerson (1803–1882)
“There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.”
—Benjamin Harrison (1833–1901)