Mr HORE-BELISHA [MP for Plymouth Devonport, who was the Secretary of State for War 1937 - 1940 and in the early 1950's was elevated to the Peerage]
asked the First Lord of the Admiralty the average cost of training men and boys of the seamen, signalmen, telegraphist and stoker branches from the time of joining the Royal Navy until they are accepted as efficient ratings from the naval point of view?
Mr. DAVIDSON - This is a little picture drawn to show you how Mr Davidson, The First Lord of the Admiralty, fitted into the overall plan of the Navy. Of course, this was in the days when we had a Navy of size which was still extant [5 Sea Lords] until well into the late 1960's early 1970's.
The average cost of training boys until they are fit to be drafted to His Majesty's ships at sea based on the cost of the Shotley training establishment is £58 for the seaman class and £98 for the signal and telegraphist classes, exclusive of the pay, clothing and victualling of the boys. The training is continued after the boys join the ships, but the boys are available as part of the complement and to make a satisfactory division between the additional cost due to the training and the ordinary running expenses of the ships would be practically impossible. The training of recruits for the stoker branch is carried out at Royal Naval barracks, and it is not possible to ascertain the proportion of the cost of those establishments attributable to training this particular class except at an expenditure of time and labour, altogether disproportionate to the value of the results obtainable.
This website https://www.measuringworth.com/calculators/ppoweruk/ tells us all about the British Pound [GBP] and its purchasing power from the year 1264 until 2007. It has an interactive calculator on which we can do some interesting sums. It gives the answer in two forms, and I have chosen to accept the Retail Price Index [RPI] answers.
If you were a boy seaman, a boy signalman or a boy telegraphist you might find this of interest. It is not accurate but it will give you some idea.
Proceed as follows.
After opening the web page above, under CALCULATORS, click on the line "Purchasing power of the British Pound 1264-2007".
Click on CLEAR.
Using only the left hand box date-range [1264-1970] INITIAL YEAR - you wont need the 1971-2007 box at all - type in the year 1926.
Type into the three money boxes 58, 0 and 0 respectively for SEAMEN, and for COMMUNICATORS 98, 0 and 0.
In the DESIRED YEAR box, type in the year you LEFT Ganges, and then click on CALCULATE. Take the RPI answer.
THEN........ take that figure from this first calculation and RE-ENTER the calculator, remembering to click on CLEAR before you start again. Depending upon which year you left Ganges, enter the first RPI figure into either the 1264-1970 INITIAL YEAR box or the 1971-2007 INITIAL YEAR box ignoring all but the pounds if you chose the 1971-2007 box. Then add 2007 into the desired year box and the new RPI is the cost of your training at 2007 prices.