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:
“That which costs little is less valued.”
—Miguel De Cervantes (1547–1616)
“The present war having so long cut off all communication with Great-Britain, we are not able to make a fair estimate of the state of science in that country. The spirit in which she wages war is the only sample before our eyes, and that does not seem the legitimate offspring either of science or of civilization.”
—Thomas Jefferson (1743–1826)