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Goldsmith was determined to demonstrate that nothing was impossible when the courage and skill of British seamen were engaged. The Logan Rock fell and was caught in a narrow chasm.

This upset the local residents considerably, since Logan Rock had been used to draw tourists to the area. Sir Richard R. Vyvyan (1800-1879) was particularly unhappy. They demanded that the British Admiralty strip Lieutenant Goldsmith of his Royal Navy commission unless he restored the boulder to its previous position at his own expense. However, Mr. Davies Gilbert, persuaded the Lords of the Admiralty to lend Lieutenant Goldsmith the required apparatus for replacing the Logan Rock. The Admiralty sent thirteen captains with blocks and chains from the dock yard at Plymouth, and contributed £25 towards expenses. Gilbert also raised more funds

After months of effort, at 4.20pm on Tuesday, the 2nd of November, 1824, in front of thousands of spectators and with the help of more than sixty men and block and tackle, the Logan Rock was finally repositioned and returned to "rocking condition" (Michell 1974). Apparently the total final cost of this enterprise was £130 8s 6d. However, it is not clear how much of the remaining £105 Goldsmith had to make up out of his own pocket.

How much was £130 worth in 1824?

According to this page, a Bank of England Clerk made £75 to £500 per year as late as 1837.

I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS

by Migeru (migeru at eurotrib dot com) on Mon Dec 31st, 2012 at 04:31:46 AM EST
[ Parent ]
According to this UK Parliament pdf, the spending power of a 2001 £ was 2% of an 1821 £.

That would put £130 in the 1820s at £6,500 in the 2000s.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 31st, 2012 at 05:48:03 AM EST
[ Parent ]
Which seems ridiculously out of proportion with the work described.

Depends no doubt on your definition of spending power. Parliamentary research probably didn't include putting rocking stones back in place.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 31st, 2012 at 05:53:41 AM EST
[ Parent ]
Looking at Mig's link unskilled workers in 1837 appears to have made 0.5-1 £ a month, mostly depending on gender. Minimum wage today for ages 21 and up is 6.19£ an hour, which comes to about a thousand pounds a month. So in hiring unskilled male labor for pulling a rock, for the same money you should get a thousand time more workers in the early 19th century then today.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Tue Jan 1st, 2013 at 02:42:03 AM EST
[ Parent ]


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