I missed the staff meeting but the minutes show snipped-for-privacy@chromisdesigns.com (Bob Edwards) wrote back on 23 Aug 2004
06:31:29 -0700 in rec.crafts.metalworking :That is the rub. The real change wasn't just cheap iron, but cheap steel. I've been told that prior to the 1600s, iron cost like silver, steel like gold - at least in terms of comparable purchasing power. We've dropped the cost of steel from where it was just used for cutting edges, to now we make nails of it, and other "disposable" items.
tschus pyotr