In 1838, Lincoln was Again Elected to the Legislature.

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In 1838 Mr. Lincoln was again elected to the Legislature. At this session, as the nominee of the Whig party, he received thirty-eight votes for Speaker. Wm. L. D. Ewing, his successful competitor, the Democratic candidate, received forty-three votes, and was elected. Besides retaining his place on the Finance Committee, Lincoln was assigned to the Committee on Counties. The enthusiasm and zeal of the friends of internal improvements began to flag now in view of the fact that the bonds issued were beginning to find their true level in point of value. Lincoln, together with others of kindred views, tried to bolster the “system” up; but soon the discouraging fact became apparent that no more money could be obtained, and the Legislature began to descant on what part of the debt was lawful and what unlawful. Repudiation seemed not far off. Mr. Lincoln despaired now of ever becoming the “DeWitt Clinton of Illinois.” We find him admitting “his share of the responsibility in the present crisis,” and finally concluding that he was “no financier” after all. No sooner had the Legislature adjourned than he decided-if he had not already so determined-to run for the same place again. He probably wanted it for a vindication. He was pursued now more fiercely than ever, and he was better able to endure the vilification of a political campaign than when he first offered himself to the voters in New Salem.
By William H. Herndon,Jesse W. Weik “Herndon’s Lincoln: A True Story of a Great Life” 

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