Collected Works of Abraham Lincoln. Volume 2 [Sept. 3, 1848-Aug. 21, 1858].
About this Item
Title
Collected Works of Abraham Lincoln. Volume 2 [Sept. 3, 1848-Aug. 21, 1858].
Author
Lincoln, Abraham, 1809-1865.
Publication
New Brunswick, N.J.: Rutgers University Press
1953.
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Cite this Item
"Collected Works of Abraham Lincoln. Volume 2 [Sept. 3, 1848-Aug. 21, 1858]." In the digital collection Collected Works of Abraham Lincoln. https://name.umdl.umich.edu/lincoln2. University of Michigan Library Digital Collections. Accessed May 19, 2024.
But, my dear Sir, I understand the land is worth $1200 or $1500. Now deduct credit, and count interest on the note, and you will find that $203.41 cents is the utmost a decree could be rendered for up to Jany. 7. 1856.
Suppose I foreclose, you will bid the same; if nobody bids more, all will be well; but somebody will bid more; and then how will you stand? You will have to let the land go for that sum; or bid higher, and advance the cash for all above that sum. Dont you see? A. LINCOLN
Annotation
[1] ALS, DLC-HW. This note is dated ``Springfield, Ills, Feby 17th 1856,'' but not in Lincoln's handwriting. See Lincoln to Miles, February 14, supra.