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.
Rights/Permissions: The University of Michigan Library provides access to these materials for educational and research purposes, with permission from their copyright holder. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission.
Link to this Item: http://name.umdl.umich.edu/lincoln2
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 June 15, 2025.

Pages

To George U. Miles1Jump to section

[Springfield Ills. Feby 17th 1856]

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.

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