Lex Anteinternet: The Suit Rule

Monday, August 29, 2022

The Suit Rule

Yesterday we ran this:

Lex Anteinternet: Monday, August 28, 1922. The dawn of electronic a...:

Page 8 of the same newspaper noted above was advertising suits for boys now that school was back in session.

A viewer of this noted, with surprise, that suits were $17.00 in the advertisement.

At that time, gold was $20/ounce.

Today gold is about $1700/ounce. A Brooks Brothers suit, on the net, is about $1200.

There's an odd rule of economics, which we mentioned here once before, that the price of a good suit is just about always the same as the price of an ounce of gold.

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Lex Anteinternet?

This blog has been around since 2009. In the very first post, we asked the question: "What the heck is this blog about?"

Our answer to the question was: "The intent of this blog is to try to explore and learn a few things about the practice of law prior to the current era. That is, prior to the internet, prior to easy roads, and the like. How did it work, how regional was it, how did lawyers perceive their roles, and how were they perceived?"

We also noted: "Part of the reason for this, quite frankly, has something to do with minor research for a very slow moving book."

All of this is still true, but the focus of the blog has changed somewhat. It now focuses on the era from 1890 to 1920 in general, rather than on the law and lawyers specifically, although that may be far from obvious. It's also become the location where we comment on anything we feel moved to comment on.

We hope you'll feel moved to comment as well. While we moderate every comment, so as to weed out Spam, we greatly appreciate the comments where they are offered, and hope to see more.

Thank you for stopping in!