Dear Nick,
Yes, yes, yes to all of what you say, still I wanted to know.
As for the last, yes he did stump up £10,000 and as the Endeavour only cost
£2834 it was obvious he not only got to go but was well appreciated on the
voyage.
Peter Breis
Nick Hudd wrote:
> Peter
>
> I agree with Jo. If you read Munby's book, it makes it clear that there is
> not a straight ratio - it depends on the varying availability of different
> goods and services as well. The social habits and values are totally
> different now. You could not, say, quote a value for claret in Australia in
> 1760 - you would be overlooking reality.
>
> And Banks had purposes of his own - I'll bet few others would have been
> prepared to pay £100.00 to go to Oz then. It is not a straight market
> economy question at all
>
> Are you sure that £10,000 is not a figure already updated to the present?
> It sounds to me as if Banks was actually financing the trip full stop if he
> paid £10,000 of 1768 money.
>
> Nick Hudd
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