Collected Works of Abraham Lincoln. Volume 1.

About this Item

Title
Collected Works of Abraham Lincoln. Volume 1.
Author
Lincoln, Abraham, 1809-1865.
Publication
New Brunswick, N.J.: Rutgers University Press
1953.
Rights/Permissions

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Cite this Item
"Collected Works of Abraham Lincoln. Volume 1." In the digital collection Collected Works of Abraham Lincoln. https://name.umdl.umich.edu/l/lincoln/lincoln1. University of Michigan Library Digital Collections. Accessed March 19, 2024.

Pages

February 15, 1841

The first section of the bill providing for the sale of bonds for payment of the July interest was taken up and considered: several amendments were proposed by Messrs. Kitchell, Henderson2Open page and Lincoln, and a lengthy debate took place on the question whether bonds should be sold at par value only, or whether they should be sold at such value as they might bear in the money market. Messrs Lincoln, McClearnand, Peck, and Brown,3Open page of Vermilion, contended that to restrict them to be sold at par value only, was tantamount to prohibiting their sale, and would, therefore, defeat the whole object of the bill, and amount to an entire abandonment of the good faith of the State. . . .

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