re. From him we learn (see Table D) that:
_Table D_.
A working man with an income of L60 per annum
spends as follows:
Per cent.
of income. Shillings.
/ meat.... 248
1. On subsistence 62 or \ groceries 496
2. " clothing 16 " 192
3. " rent 12 " 144
4. " fuel 5 " 60
5. " sundries 5 " 60
------
Total shillings 1,200
Or L60
Now, referring to Table C, it will be seen that the same man's expenditure
in America would be:
Shillings. S.
1. On subsistence / meat.... 248 - 20 p.c. = 198.4
\ groceries 496 + 16 " = 575.3
2. " clothing 192 + 45 " = 278.4
3. " rent 144 + 89 " = 272.1
4. " fuel 60 + 104 " = 122.0
5. " sundries 60 + 50 " = 90.0
--------
Total 1,536.2
Or L76 16s.
In other words, a workman earning L60 per annum in Great Britain would
receive L99, or 62 per cent. more wages in the States, but living there
would cost him L77, or L17 more than here, giving him a net advantage of
only 28 per cent., instead of 62 per cent., derived from living and
working in America.
But this result does not exhaust the question. The standard of life is
very different among working men in the States and in Great Britain, and
the almost inexhaustible statistics of the report, already so often
quoted, enable us to gauge this difference with accuracy. It has been
proved, by a recent investigation, whose details we need not follow, that
the expenditure of working men's families, of similar size, in
Massachusetts and in Great Britain, stand to each other in the ratio of 15
to 10. By introducing this new factor into our calculations, we find that
a man who spends L60 per annum in England would spend L90, instead of L77,
per annum in the States, paying American prices for subsistence, and
living up to American standards. I
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