In the 1840s, 15 British shillings would have been equivalent to approximately $3.63 in U.S. dollars at the time. Adjusting for inflation, this amount is equivalent to about $123.24 in today’s U.S. dollars.
If someone earned an amount equivalent to $123.24 per week in today’s dollars, the daily rate for this income would be approximately $17.61 in today’s U.S. dollars.
In the 1840s, 15 British shillings would have been equivalent to approximately $3.63 in U.S. dollars at the time. Adjusting for inflation, this amount is equivalent to about $123.24 in today’s U.S. dollars.
If someone earned an amount equivalent to $123.24 per week in today’s dollars, the daily rate for this income would be approximately $17.61 in today’s U.S. dollars.
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This was a beautiful comment on the topic of wage disparity and how businesses use tips to pay their staff.