628 



APPENDIX. 



rnao-e 630), ffold wages ;* and diagram VII. (page 631), gold wages and gold 

 pric^es combined. Diagram VIII. (page 632), shows the course of the price of 

 silver as a commodity, as compared with English gold prices of commodities 

 by Sauerbeck's tables. . . xv • ^ i, . 



In considering the question of wages, the important thing is not what 

 money is received, but what comforts the day's labor will procure. I find the 

 following table in Waldrnn's Handbook, evidently computed from the Aldnch 

 Report. Diagram IX (page 633), which follows, is prepared from 

 column showing the relative purchasing power of ten hours' labor, 



PURCHASING POWER OF A DAY'S LABOR. 

 [All figures are in percentages, with the year 1860 as 100.] 



the 



I'^rcTangefrom^hec^irr^ncy n^^^^^^^^ follow his figures. I 



have prepared from these taV)les the diagram for combined wages and prices, by 

 adding prices and wages and dividing by two. 



i 



