1
Resolved, That the committee on Finance be instructed to inquire into the expediency and
propriety of repealing so much of an act, entitled “An act regulating the interest
on money,” approved February 28th 1833, as limits the rate of interest to twelve per
cent. per annum, where a higher rate of interest shall have been agreed on; and that
they report by bill or otherwise; which was not agreed to.
1On December 11, 1838, Harvey T. Pace introduced the resolution in the House of Representatives.
Journal of the House of Representatives of the Eleventh General Assembly of the State
of Illinois, at Their First Session, (Vandalia, IL: William Walters, 1838), 56.
Printed Transcription, 1 page(s), Journal of the House of Representatives of the Eleventh General Assembly of the State of Illinois at their First Session (Vandalia, IL: William Walters, 1838), 56