1860

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Events

In 1860 the population of Albemarle County was 26,625 – consisting of whites (12,103); blacks (13,916); and free blacks (606).

The Virginia Advocate newspaper, successor of The Central Gazette, changed title to the Charlottesville Advocate briefly before ceasing publication at the start of the Civil War.

• March 7 – John H. Bibb, Alexander F. Terrell and S. M. Keller took the office and duties of Aldemen for the Corporation of Charlottesville this day until the 4th Saturday in February 1861.
• September 6 – Monticello Bank issued U.S. $50 (fifty dollar) bank notes.

1860 election

• May 18 – Abraham Lincoln, a one-time U.S. representative from Illinois, is nominated for the U.S. presidency by the Republican National Convention meeting in Chicago, Illinois. Hannibal Hamlin of Maine was nominated for the vice presidency.

• November 6 – The 1860 United States presidential election in Virginia took place. Virginia was the only one of the eleven Southern states, that would later declare their secession from the Union and be controlled by Confederate armies, where any ballots for Abraham Lincoln were distributed.

Births

• May 28 – Paul Goodloe McIntire in Charlottesville to GGeorge M. McIntire and Catherine Clark McIntire.

Images

Monticello Bank of Charlottesville, issued U.S. currency, September 6, 1860

According to the Bureau of Labor Statistics consumer price index, prices in 2019 are 2,926.90% higher than prices in 1860. The dollar experienced an average inflation rate of 2.17% per year during this period. In other words, $50 in 1860 is equivalent in purchasing power to $1,513.45 in 2019, a difference of $1,463.45 over 159 years.