Collected Works of Abraham Lincoln. Volume 1 [1824-Aug. 28, 1848].
About this Item
Title
Collected Works of Abraham Lincoln. Volume 1 [1824-Aug. 28, 1848].
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 1 [1824-Aug. 28, 1848]." In the digital collection Collected Works of Abraham Lincoln. https://name.umdl.umich.edu/lincoln1. University of Michigan Library Digital Collections. Accessed May 23, 2024.
Pages
Debate in Illinois Legislature Concerning Sale of State Bonds1Jump to section
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, Henderson2Jump to section 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,3Jump to section 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. . . .
Annotation
[1] Illinois State Register, February 26, 1841. Brief mention also in Sangamo Journal of same date.