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U.S. territorial extent in 1860. April 3, 1860 – Pony Express begins. November 6 – 1860 United States presidential election: Abraham Lincoln elected president and Hannibal Hamlin vice president with only 39% of the vote in a four-man race. December 18 – Crittenden Compromise fails. December 20 – President Buchanan fires his cabinet.
From 1860 to 1900, the wealthiest 2% of American households owned more than a third of the nation's wealth, while the top 10% owned roughly three-quarters of it. [60] The bottom 40% had no wealth at all. [4] In terms of property, the wealthiest 1% owned 51%, while the bottom 44% claimed 1.1%. [4]
The first issue amounted to 242 million dollars. This paper money would supposedly be redeemed for state taxes, but the holders were eventually paid off in 1791 at the rate of one cent on the dollar. By 1780, the paper money was "not worth a Continental", as people said, and a second issue of new currency was attempted.
Keersmaeker estimated that the British Empire's share of world GDP was 24.28% in 1870 and 19.7% in 1913. The empire's largest economy in 1870 was British India with a 12.15% share of world GDP, followed by the United Kingdom with a 9.03% share. The empire's largest economy in 1913 was the United Kingdom with an 8.22% share of world GDP ...
The Boston Transcript published in 19,000 "agate lines" Of advertising in 1860, 87,000 in 1900, and 237,000 in 1918. [ 34 ] In 1893, 104 companies spent over $50,000 each on national advertising; most sold patent medicines, which faded away after the federal food-and-drug legislation of the early 20th century.
History of Transportation in the United States before 1860 (1917). pp 366–72 online; 698pp; Encyclopedic coverage; railroads by state pp 319–550. Perkins, Edwin J. American public finance and financial services, 1700-1815 (1994) pp 324–48. Complete text line free; Porter, Glenn. The rise of big business, 1860-1910 (1973)(ISBN 0690703945)
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May 31 – Peter Vivian Daniel, Associate Justice of the Supreme Court from 1841 to 1860 (born 1784) June 6 – Henry P. Haun, U.S. Senator from California from 1859 to 1860 (born 1815) July 1 – Charles Goodyear, inventor (born 1800) September 12 – William Walker, filibuster, briefly President of Nicaragua, executed (born 1824)