Franklin and the Philadelphia strike of 1786

Essay specific features

 

Issue:

History

 

Written by:

Marion S

 

Date added:

October 21, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 607

 

Was viewed:

6954 times

 

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Essay content:

Following a sharp drop in the cost of living, employer's saw an opportunity to attempt to reduce wages using the new lower cost of living as justification. It is thought by some that the reduction of wages was only one sixth of a dollar a week. According to Rosemont the writers who argued this have "miscalculated the exchange of rates...
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It is thought by some that the reduction of wages was only one sixth of a dollar a week. According to Rosemont the writers who argued this have "miscalculated the exchange of rates." In reality, the actual reduction was from a 45 shilling week back down to a 35 shilling week. In U.S. dollars, the employers wanted to reduce the weekly salaries of it's employees from $6...
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