4 ms·
> By 4 p.m., more than 40,000 people had arrived For anybody else that was curious, in 1896 $2*40k = $2.4M in 2019 http://www.in2013dollars.com/us/inflation/1
by hanniabu 7y ago
> By 4 p.m., more than 40,000 people had arrived
For anybody else that was curious, in 1896 $2*40k = $2.4M in 2019
http://www.in2013dollars.com/us/inflation/1896?amount=80000 http://www.in2013dollars.com/us/inflation/1896?amount=80000
- black_puppydog 7y agothat doesn't sound like an awful lot for two locomotives and logistics...?
- jopsen 7y agoProbably the locomotives had to be scrapped regardless. But putting down the rail sounds expensive, could it be that this was cheaper back then?
- jl6 7y agoProbably the track they laid would have needed to meet only the most basic requirements, with minimal consideration of reliability, safety, longevity, etc.
- bluGill 7y agoPutting down rail would have been cheap. Since it was one time use they could take a lot of shortcuts - who cares if the next frost will twist the rails when you will be done before the next frost.
- ataturk 7y agoPeople labored 16hrs a day for pennies. There was no OSHA and no governing bodies because there was nobody to complain about where the tracks were laid, etc.
- mywittyname 7y agoFor further context, I found a table of wages from that era (since the CPI calculator only goes back to 1913). https://libraryguides.missouri.edu/pricesandwages/1890-1899#collapseThree https://libraryguides.missouri.edu/pricesandwages/1890-1899#... It looks like $2 was the daily wage for many skilled people during that era. Train conductors made about $3 a day, a carpenter would get $2.05, and an unclassified worker made $1.65.
- nkurz 7y agoI think some people may be misintepreting this number. The actual event was free to attend. The $2 charge was not the admission price, but the cost of a round trip train ticket to the event from anywhere in Texas. Other possibly more reliable sources say that this ticket varied in price and was as much as $5 depending on origin: http://www.lsjunction.com/facts/crush.htm http://www.lsjunction.com/facts/crush.htm. So while there was a lot of economic activity associated with the crash, it wasn't the equivalent of a modern event with $2.4 million of gate receipts.