REPORT IN RELATION TO AN INCREASE OF DIRECTORS IN THE STATE BANK OF ILLINOIS.
[Springfield]: January 16, 1841. 4pp. Caption title, as issued. Disbound, loose. Else Very Good. Illinois Legis. H.R. 12th Assem. 2d Session.
A member of the Sangamon County delegation in the Illinois House of Representatives since 1837, and a Whig Party leader, Abraham Lincoln "fought hard to save the state bank and its various branches, which the Democrats sought again to eradicate" during this session. [Oates, With Malice Toward None 56 (Harper Paperback 1994)]. Declaring "his share of responsibility" for Illinois' improvident internal improvements program, he "helped enact emergency measures to raise money and pay the interest on the state debt" [id.] With Lincoln's help, the Session revived the Charter of the State Bank of Illinois, which had been forfeited for refusing to pay its notes.
The Report is from the Committee on Banks and other Corporations. Lincoln was not a member of the Committee. The Report recommends increased governmental oversight of the Bank's activities. Item #35838
Price: $75.00