Interesting M14 "historical" article...

"In Fiscal Year 1959, contracts were let after bids from
twelve firms were received. The prices ranged from $68.75 to
$157.10 per unit."

Those were the days.
 
"Estimated useful life
of each unit Unknown"
Only if they knew that they would still be using this design in the 2000's.
:D
LoL!
 
H2O MAN said:
"In Fiscal Year 1959, contracts were let after bids from
twelve firms were received. The prices ranged from $68.75 to
$157.10 per unit."

Those were the days.
Click to expand...

Adjusted for cost of living we get $483.99 and $1105.95 respectively, earmarked to 2007. But of course an average yearly wage for a working man was about $3,600

That rifle would have cost an adult family man, working in a coal mine or factory, at least a weeks wages before taxes, or as much as 3 weeks.:eek:

Those were the days?

Pfft! I don't think so.

This may seem counter-intuitive, but our cost of living compared to wages earned leaves us in a significantly better position than our grandparents. We have substantially greater disposable income than they did. If we were are frugal as they were, even an average working family would have quite a nest egg accumulated by the time they retired. But of course, we aren't, we won't and why should we eh?

I don't mean to preach, taking economics at univ., I just find it interesting how we forget that "tough times" today, are still amazingly good by historical standards.

Cool.:cool:
 
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