Jimbo, DON, Russell discussed on Best of Jim Bohannon

Automatic TRANSCRIPT

Phony express type of some romance at least as the story was told there were other aspects to this and jim day police has dug into them one eight six six five o jimbo is the author of west like lightning is with us tonight along with don in albany oregon north of where the terminals we're fine thank you doing great myself i was just gonna ask you guess what the four hundred dollars for one of those mustangs back then would be in today's money it'd be it would be quite a lot of money today i it's a little bit hard to kinda deal trance transfer things well give you let me put it this way if you wanted to send a letter than it would cost you five win when the pony express started with cost you five dollars now that in today's in today's money is is a hundred and thirty eight dollars her brother so you know so we multiply that you had to really want to get a letter to the west coast in a hurry you did now i have to admit that they actually lower the price as a service as a service goes on and i believe at one point gets as low as fifty cents so that's you know which would be about you know a little more than thirteen dollars and that's not i mean we can kinda you know think about that today you know for i guess a fedex overnight letter might be comparable so but the four hundred dollars for a horse let's put intend to yell ten thousand dollars today it's a little hard to kind of transpose that because you know just because values are are so different today but it was it was a huge amount of money the company spent an enormous sum but but they knew that they were going to lose money that was actually kind of baked into russell's plan now now what kind of a business plan and thank you for your call what kind of a business plan all concludes losing money being quote baked in unquote well you see russell's plan wasn't just to deliver the mail russell's plan remember was to create this huge empire and what he ordered to get capital to to.

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