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→Marx's personal economy
* “Your accounts, dear Karl, are... disconnected and inconclusive. If only they had been shorter and more precise, and the figures properly set out in columns, the operation would have been very simple. One expects order even from a scholar, and especially from a practical lawyer.... I enclose a money order for 50 talers [equivalent to approximately $900 today]...”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl1.htm Letter from Heinrich Marx to son Karl], 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 648-652. A Prussian taler or thaler (whence we get the word "dollar") was ~16.7 grams (about 0.6 ounces) of silver. At the current price of ~$30 per ounce, each taler would therefore be worth ~$18 today, so 50 talers would be worth ~$900.</ref>
* “Your accounts, dear Karl, are... disconnected and inconclusive. If only they had been shorter and more precise, and the figures properly set out in columns, the operation would have been very simple. One expects order even from a scholar, and especially from a practical lawyer.... I enclose a money order for 50 talers [equivalent to approximately $900 today]...”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl1.htm Letter from Heinrich Marx to son Karl], 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 648-652. A Prussian taler or thaler (whence we get the word "dollar") was ~16.7 grams (about 0.6 ounces) of silver. At the current price of ~$30 per ounce, each taler would therefore be worth ~$18 today, so 50 talers would be worth ~$900.</ref>
* “I sent... 50 talers. With what you took with you, that makes 160 talers [~$2,880].... I am convinced that it is possible to manage with less... But no more under any condition... I enclose a draft on... the lottery office in the university building; you will get money there, as m[uch as] you need.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl2.htm Letter from Heinrich Marx to son Karl], March 18, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 652-653</ref>
* “I sent... 50 talers. With what you took with you, that makes 160 talers [~$2,880].... I am convinced that it is possible to manage with less... But no more under any condition... I enclose a draft on... the lottery office in the university building; you will get money there, as m[uch as] you need.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl2.htm Letter from Heinrich Marx to son Karl], March 18, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 652-653</ref>
* “You are receiving 100 talers [~$1,800]herewith and, if you ask for it, you will receive the rest... You have not kept your word to me—you remember your promise... At the moment I could not send you any more. In the next few days you will probably receive 20 talers [~$360] through Rabe.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl3.htm Letter from Heinrich Marx to son Karl], ca. May-June 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 652-653</ref>
* “You are receiving 100 talers [~$1,800] herewith and, if you ask for it, you will receive the rest... You have not kept your word to me—you remember your promise... At the moment I could not send you any more. In the next few days you will probably receive 20 talers [~$360] through Rabe.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl3.htm Letter from Heinrich Marx to son Karl], ca. May-June 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 652-653</ref>
* “Please, dear Karl, write at once, but write frankly, without reserve and truthfully. Calm me and your dear, kind mother, and we will soon forget the little monetary sacrifice.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl4.htm Letter from Heinrich Marx to son Karl], July 1, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 655-656</ref>
* “Please, dear Karl, write at once, but write frankly, without reserve and truthfully. Calm me and your dear, kind mother, and we will soon forget the little monetary sacrifice.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-fl4.htm Letter from Heinrich Marx to son Karl], July 1, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 655-656</ref>
* “For the time being I am sending you herewith 50 talers. You must at present be able to estimate approximately the amount you absolutely need each year, and that is what I should like to know.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-flb1.htm Letter from Heinrich Marx to son Karl], November 9, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 661-663</ref>
* “For the time being I am sending you herewith 50 talers. You must at present be able to estimate approximately the amount you absolutely need each year, and that is what I should like to know.”<ref>[http://www.marxists.org/archive/marx/letters/papa/1836-flb1.htm Letter from Heinrich Marx to son Karl], November 9, 1836, in Karl Marx and Friedrich Engels, ''[http://www.marxists.org/archive/marx/works/cw/ Collected Works]'' (Moscow: Progress Publishers, 1975), [http://www.marxists.org/archive/marx/works/cw/volume01/index.htm Vol. I] (Trans. Robert Dixon), pp. 661-663</ref>