Inflation Through History Outstrips Modern Rates
The article contrasts current inflation of about 14 to 16 percent with colonial era prices. It notes Revolutionary War inflation devalued state and Continental currency, led to Maryland printing money in 1781, and forced payment in coins or commodities like rice, corn, and tobacco. It cites 1778 butter at the equivalent of $2.40 a pound and tea at $45 a pound in today’s money.
MENTIONED IN THIS ARTICLE
Washington
United States
National Geographic Society
Philadelphia
Continental Congress
Maryland
Virginia
Canada
America
England
Congress
George Washington
Valley Forge
Dartmouth bonfire tradition in peril from rising tie costs
Inflation squeezes the Dartmouth Friday night bonfire, once towering with railroad ties. Coordinator Ken Jones says ties cost 2.50 to 4.50 dollars each and supply is tight as railroad prestige fades. A graduate donor and a past barn mishap highlight a tight budget and resource challenges for the 60 to 70 tier star structure.
MENTIONED IN THIS ARTICLE
Hanover
N.H
Dartmouth
Princeton
Edward Miller
Maine Central Railroad
Jones
Bob Graham
College
Graham
Missionary of mercy in Cambodia's civil war
GAY PAULEY profiles June Magnardi of Redwood City California a CARE relief worker one of five on the Cambodian mission amid civil war refugee movements five million 8 million population ongoing CARE aid coordinated with Khmer Republic government focuses housing feeding and eventual repatriation agricultural recovery education and resettlement Magnardi fluent in Greek and French describes war as hell yet finds purpose in helping displaced Cambodians in Phnom Penh hotel room life among refugees and families highlights personal commitment to aid work and humanitarian ethics.
MENTIONED IN THIS ARTICLE
Gay Pauley
UPI
New York
June Magnardi
Redwood City
Calif
Mercy
Cambodia
Phnom Penh
CARE
International Aid and Development Agency
Magnardi
Khmer Republic
Luke Magnardi
Phnon Penh
Also Mentioned on This Page
Chandlers
Monument Plaza
Prell
RTE
Bennington
WilkInson
Blades
Carlton
Secouds
Pepto
Vick’s
Nyquil
Oracin
VICK
Vaporub
Vicks
Formula
Errecve
Strenee
P “Tore
Victor
Chestnut Hill Nuts
KOTEX
Band Corning Electric
Brazil
Stadr
Elit
Palmer
HI Mark
Myadec
Tray
Missionary of Mercy
Ment
Greece
Miss Magnardi
William T. Sherman