kev67
06-17-2020, 02:52 PM
There's a bit at the beginning of the book when one of Squire Gresham's tenant farmers says that after years of paying one pound 15 for some acres, he was surprised to be asked for 40 shillings. 40 shillings was 2 pounds. I think previously he was paying 35 shillings. Squire Gresham's estate was worth £14,000 a year. So how many tenants did he have? Two pounds' rent for farm land does not sound much even back then? How often did he have to pay? Was it every week? Was it three times a year? How many acres was the farmer renting him?
Doctor Thorne charges seven and six for a visit (within five miles) which was three-eighths of a pound. He also mixes and sells his own medicines. The customary call out charge, according to the book, was a guinea, which I think was 21 shillings, or just over a pound. So how much does Doctor Thorne earn? I think the most he could earn was £2 a day, which would be £600 a year. A little later on the book says he was not in the habit of saving, but relatively late he had insured his life for £800 in three per-cents. If he died that is what Mary would have to live on, but 3% interest on £800 is £24 a year, which is poverty level subsistence. Maybe I misunderstood something, but I really think he should have saved a bit more money for her.
Doctor Thorne charges seven and six for a visit (within five miles) which was three-eighths of a pound. He also mixes and sells his own medicines. The customary call out charge, according to the book, was a guinea, which I think was 21 shillings, or just over a pound. So how much does Doctor Thorne earn? I think the most he could earn was £2 a day, which would be £600 a year. A little later on the book says he was not in the habit of saving, but relatively late he had insured his life for £800 in three per-cents. If he died that is what Mary would have to live on, but 3% interest on £800 is £24 a year, which is poverty level subsistence. Maybe I misunderstood something, but I really think he should have saved a bit more money for her.