in cash and ten dollars in notes. We
compromised on seven dollars, all cash."
"It's a mistake to sell now. The river is going to be deepened and
improved for navigation."
"I've made up my mind that it can't be done, unless you can invent a way
to run a steamboat on moist ground," said Samson. "You might as well try
to make a great man out of 'Colonel Lukins.' It hasn't the water-shed.
To dig a deep channel for the Sangamon would be like sending 'Colonel
Lukins' to Harvard. We're going too fast. We have little to sell yet but
land. The people are coming to us in great numbers, but most of them are
poor. We must give them time to settle down and create something and
increase the wealth of the state. Then we shall have a solid base to
build upon; then we shall have the confidence of the capital we require
for improvements. Now I fear that we are building on the sands."
"Don't you think that our bonds would sell in the East?"
"No; because we have only used our lungs in all these plans of ours. No
one has carefully considered the cost. For all we know, it may cost more
than the entire wealth of the state to put through the improvements
already planned. The eastern capitalists will want to know about costs
and security. Undoubtedly Illinois is sure to be a great state. But
we're all looking at the day of greatness through a telescope. It seems
to be very near. It isn't. It's at least ten years in the future."
Young Mr. Lincoln looked very grave for a moment. Then he laughed and
said: "I don't know but we're all a lot of fools. I begin to suspect
myself. The subject of finance is new to me. I don't know much about
it, but I'm sure if I were to say what you have said, in the House of
Representatives, they would throw me out-of-doors."
"Just at present the House is a kind of insane asylum," said Samson.
"You'll have to stick to the procession now. The road is so crowded that
nobody can turn around. The folly of the state is so unanimous no one
will be more to blame than another when the crash comes. You have meant
well, anyhow."
"You make me feel young and inexperienced."
"You are generally wise, Abe, but there's one thing you don't
know--that's the use of capital. For two years Sarah and I have
been studying the subject of finance."
"I've seen too little of you in the last year or so," said the young
statesman. "What are you going to do now that you have sold out?"
"I was thinking of going up to Tazewell Co
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