Franklin and the Philadelphia strike of 1786
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Title: Franklin and the Philadelphia strike of 1786

Essay Details:

Subject: History
Author: Colin C
Date: October 25, 2013
Level: University
Grade: A
Length: 3 / 607

Essay text:

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." 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 $6.00 a week to about $4.33 a week. On May 31st, 1786 the printers gathered and decided to strike until their employers went back to paying them $6 a week...

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