Long ago, the University Archive of Morris Library photocopied for me the Great Depression reports of the Southern Normal president and the Board of Trustees, 1929-1942. I was looking them over as I prepare lectures for my "Great Depression" course (HIST 364).
Each year they listed "annual salaries," including that of President Henry W. Shryock. For trivia purposes, he earned $7,500 in 1925. According to the "How Much is that Worth" calculator, the venerable President earned the following in 2010 dollars:
If you want to compare the value of a $7500
Income or Wealth
, in 1925 . . .
value of that income or wealth is $449,000.00
value of that income or wealth is $1,200,000.00
And, if you wonder how you compare with the world, check out the Global Rich List. Turns out I'm in the top 1% of the world's income earners. (It only takes $50K to make the top 1%).
2 days ago