Dear David,
You wrote:
>Alan Hustak, in his book "Titanic--The Canadian Story" mentions that the Baxter's paid 237 Pounds for their Stateroom. "...the equivalent of $135,000 in today's money". Sounds a pinch overstated. I am no economist, but you have to take into account the value received for contemporary money.<
Just a guess here but wouldn't Alan be speaking primarily to a Canadian audience and, as such, be speaking of Canadian dollars? This, I believe, would lower this estimate considerably when compared to American dollars.
Just an opinion, take it for what it's worth.
Best regards
Cook