From the September 1918 issue of The Authors’ League Bulletin:
This is a bit difficult to read but it’s as much as I could enlarge it without it degrading into pixels:
Filed under Writing
I also noted with interest that “10 Story Book” paid authors six dollars per story in 1917. According to the Bureau of Labor Statistics, that’s equivalent to $107.53 in 2012. However since the article says they had not changed their rates since 1900, by 1917, authors being paid that $6 had lost almost half of their purchasing power with it. With six dollars in 1900 you could buy about the same as you can with $172.41 today.
Wolfram Alpha is good for this kind of thing:
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
RSS - Posts
Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Join 455 other followers