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Jim calculates Wm Dudgeon ginseng crop in today's dollars

With this revelation, maybe the CM phone won't be ringing off the hook this morning, as we had fretted about so.

"According to the inflation calculator I use now and anon , $888 in 1907 would be the equvalent of $20,500 in 2010 dollars," Jim writes, to clearify this item from his latest masterpiece, Jim, 103.5 years ago: Some of the news that was fit to print:
Wm. Dulworth, "the largest ginseng cultivator in Adair County," had the previous week hauled to Louisville 148 pounds of the rare root he had grown and returned home $888 richer. About the same time, Clem Banks of Cane Valley sold to R.T. Dudgeon three ginseng roots, weighing in at eight ounces, for the princely sum of three dollars and twenty-two and a half cents, "the largest amount ever paid in Adair for three roots..."
As great an item as this is, there is at least one which eclipses it by miles. It's the notice from Jake Smith posting his pond as off limits to baptizings. -EW




This story was posted on 2011-04-25 04:44:18
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