1
Resolved by the House of Representatives, the Senate concurring therein, That it is expedient and necessary for the best interests of the State to ratify the negotiation for the sale of Canal Bonds made by the Hon. R. M. Young with Wright & Co., of London.
1On December 18, 1839, Governor Thomas Carlin sent the House of Representatives a letter from Richard M. Young concerning a loan Young negotiated. The House referred the communication to the
Committee on Finance, of which Abraham Lincoln was a member. On January 15, 1840, the Committee on Finance issued majority and minority reports regarding the loan, and Richard Murphy of said committee introduced the resolution at the conclusion of the minority report.
The House tabled the reports and resolution, ordering that 150 copies of each be printed.
Journal of the House of Representatives, of the Eleventh General Assembly of the State
of Illinois, at Their Called Session (Springfield, IL: William Walters, 1839), 54-55, 167-76.
Printed Transcription, 1 page(s), Journal of the House of Representatives, of the Eleventh General Assembly of the State of Illinois, at Their Called Session (Springfield, IL: William Walters, 1839), 176