Feb. 16, 1866: The East Tennessee Union Flag reported that the Franklin Academy, located about six miles from Jonesborough, would âresume operations February 15th under the direction of W.G. Gibbs. Boarding can be had near the Academy at $3 per week.â
âTuition fee ranging from $7 to $15, and payable at the close of the five month session.â
Jonesborough was spelled that way in 1866.
Three dollars in 1866 is now worth about $49.15. Seven dollars is currently worth about $114.67, and $15.00 is worth about $246.00. (Source: www.in2013dollars.com)
Feb. 16, 1888: According to The Comet, âMr. G.E. Swadley, living about eight miles from Johnson City has discovered silver ore on his land. He will examine into the quality and quantity of the ore and if it will justify him to do so he will work the mine at once.â