Historic sites -- England -- Thames Valley; Thames Valley (England) -- Description and travel; Thames Valley (England) -- History
The consideration of but a few sets of prices such as those we have
quoted shows that the ordinary multiple might be anything between 8
and 24, with a prejudice in favour of the higher rather than the lower
figure. But there are other lines of proof which converge upon the
matter, and which permit a greater degree of certitude. For instance,
even after the rise in prices in the early part of Elizabeth's reign,
while sixpence a week is thought low for the board and lodging of a
working man, a shilling is thought very high, and is only given in the
case of first-rate artisans; and if we consider the pre-Reformation
period, when the position of the labourer was, of course, much better
than it was under Elizabeth, or ever has been since, we find something
of the same scale. A penny a day is thought a rather mean allowance,
but twopence a day is a first-rate extra board wage.
Again, in Henry VIII.'s first poll tax it is taken for granted that
many labourers have less than a pound a year in actual wages, and that
wages over this sum, up to two pounds, for instance, form a sort of
aristocracy of labour that can afford to pay taxation. Of course some
part of the wages so counted were paid in part board and lodging,
especially in the agricultural industries, but still, the reception of
240 pence for a year's work in money gives you a multiple of far more
than 20: you will not get a man about a house and garden for less than
thirty pounds though you feed and house him, and the unhoused outside
labourer gets, first and last, over fifty pounds at the least.
When the Reformation was in full swing the currency was debased almost
out of recognition, and before the death of Edward VI. prices are
rendered so fictitious by inflation that they are useless for our
purpose. It is only with the currency of Elizabeth that they became
true measures of value once more.
It is useless, therefore, to follow the inquiry after the Dissolution
of the monasteries, for not only was the currency at sixes and sevens,
but true prices were also rapidly rising with the influx of precious
metals from Spain and America.
I have said enough in this very elementary sketch to show that a
general multiple of 20, when one considers wages as well as staple
foods, is as high as can be fixed safely, while a general multiple of
12 is certainly too low.
But even to multiply by 20 is by no means enough if one is to
appreciate the social meaning of such-and-such a large income in the
first part of Henry VIII.'s reign.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account