Monday, January 5, 2015

Modern Pricetags

“The work was completed in December 1903, at a cost of three hundred and twenty five thousand dollars.”  Pg 375-376 The History of Newburyport


This quote taken from my most recent read The History of Newburyport refers to the old-fashioned cost towards the surrounding towns of the bridge connecting Newburyport and Salisbury. This cash total goes to show how the cost behind general necessities was greatly lower around a hundred years ago than it is today. For example the new bridge connecting Groveland to Haverhill, a little shorter than the one that passes over Newburyport harbor, cost 49.7 million dollars to construct. The cost to build the bridge was divided up between companies, states, counties and towns; with the country paying the largest chunk out of all at 250k. The old bridge was completely removed, pillars and all. This was all part of a plan thought out by the Haverhill & Amesbury Street Railroad Company. Constructed with a drawbridge, iron truss system and fixed pillars this bridge was thought to be one of the more technologically advanced bridges of its time. Although this same bridge does not stand today, the original pillars and channels are still in action with only a few minor repairs from over the years.



Going back to the original quotes purpose, I find it so hard to understand how a project of similar nature could cost close to 150 times more now than it did back then. Is it because of more skilled labor being put into this workplace? Is it because of the cost of higher quality materials that may not be in the same abundance of what they used to be? Going off my knowledge I can’t formulate an honest response to that question as I have not studied the economics behind construction. But what I do know is that the engineering and materials used in order to complete this task are of much higher quality than what they were back then. When a new bridge is built in this present day, it is said that because of the advancements in technology the new bridges last far far longer than the old ones, which really doesn’t surprise me. They say things aren’t built to last anymore? Looks like that doesn’t apply to bridge building! Bridges back then used to be in trouble if the ice got too thick, now, troubles like that are no longer troubles. With fixed pillars (pillars that are dug into the riverbed) the ice, current and wind don’t stand a chance! It’s not the cost of the fixed pillar itself that boosts the modern bridge build price tag up, but it’s what you need to build it. The surrounding area on the riverbed has to be bare in order to dig accurately. The cost of pumping all of that water out and the equipment to keep water from coming in in the first place is what makes this a multimillion dollar endeavor.




1 comment:

  1. John-Luc,
    This is a really interesting topic and one I've pondered myself. I did not take economics in college, so I don't know exactly what causes inflation. I do understand that modern technology is more expensive based on what goes into creating the necessary supplies, but sometimes costs just seem so exorbitant as to be nearly impossible to imagine! Obviously, though, with something like a bridge, people are likely going to err on the side of safety. Anyway, it's been quite an eventful few years for the bridges around here all needing to be replaced at basically the same time!

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