Papers Of Abraham Lincoln

1Executive Department,
Vandalia, December 31st, 1836.To the Honorable, the Speaker of the House of Representatives:Sir:—In compliance with a resolution of the House of Representatives of the 29th inst.2 calling upon this department for information relative to the execution of the Bond of the State Bank of Illinois, for the payment of the loan made by the State to Samuel Wiggins, I have the honor to state that the bond was duly executed by the Bank in conformity to act of the last Legislature. And by the enclosed letter from the President, it will be seen what arrangements have been made in relation to the interest.3I have the honor to be, Sir,
Your obedient Servant,JOSEPH DUNCAN.

1On December 30, 1836, the House of Representatives adopted a resolution requesting the Governor to relay information relative repayment of a loan obtained from Samuel Wiggins.
Illinois House Journal. 1836. 10th G. A., 1st sess., 142.

2The resolution was actually passed on the 30th.
Illinois House Journal. 1836. 10th G. A., 1st sess., 142.

3In 1831, the General Assembly had authorized borrowing $100,000 from Samuel Wiggins to replenish the school fund, from which the legislature had borrowed to pay state expenses, and to redeem State Bank of Illinois bank notes, which the state had purchased at a heavy discount and which became due in 1831, at face value in specie. Section four of the act required the bank to redeem the loan and interest before receiving the benefits of the act.
Reg Ankrom, Stephen A. Douglas: The Political Apprenticeship, 1833-1843 (Jefferson, NC: McFarland, 2015), 79-80.