I was just looking at a hospital bill and a burial bill for a great uncle who died in 1924.
Six days in the hospital including medicines came to $ 64. 35
I don't know the illness but he never recovered.
The Burial charges from a Dyersburg Tennessee Funeral Home were as follows:
Casket---------------------------------- $ 100.00
Underware, shirt, hose and tie ----------$ 4.75
Cleaning and Pressing of suit-------------$ 1.00
Embalming & incidental services---------$ 25.00
Bathing, Shaving and dressing------------$5.00
Hearse services--------------------------$15.00
Total-------------------------------------$ 150.75
You may say to yourself, "boy, prices have increased"
It's true that medical technology has advanced and therefore has become costly in that respect.
But if we consider the undertaker's business, the cost is about the same.
The only difference from 1924 to today is - It takes a lot more paper money to buy those same goods and services. Since around 1900 the dollar has lost 95% of its worth.
Hold on, you ain't seen nuthin' yet.
Tuesday, October 26, 2010
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