Lincoln, Abraham, 1809-1865; Presidents -- United States -- Biography; United States -- History -- Civil War, 1861-1865
A restless feeling of hazardous speculation seemed to be taking
possession of the State. "It commenced," says Governor Ford, in his
admirable chronicle, "at Chicago, and was the means of building up
that place in a year or two from a village of a few houses to be a
city of several thousand inhabitants. The story of the sudden fortunes
made there excited at first wonder and amazement; next, a gambling
spirit of adventure; and lastly, an all-absorbing desire for sudden
and splendid wealth. Chicago had been for some time only one great
town-market. The plots of towns for a hundred miles around were
carried there to be disposed of at auction. The Eastern people had
caught the mania. Every vessel coming west was loaded with them, their
money and means, bound for Chicago, the great fairy-land of fortunes.
But as enough did not come to satisfy the insatiable greediness of the
Chicago sharpers and speculators, they frequently consigned their
wares to Eastern markets. In fact, lands and town lots were the staple
of the country, and were the only article of export." The contagion
spread so rapidly, towns and cities were laid out so profusely, that
it was a standing joke that before long there would be no land left in
the State for farming purposes.
The future of the State for many years to come was thus discounted by
the fervid imaginations of its inhabitants. "We have every requisite
of a great empire," they said, "except enterprise and inhabitants,"
and they thought that a little enterprise would bring the inhabitants.
Through the spring and summer of 1836 the talk of internal
improvements grew more general and more clamorous. The candidates for
office spoke about little else, and the only point of emulation among
the parties was which should be the more reckless and grandiose in its
promises. When the time arrived for the assembling of the Legislature,
the members were not left to their own zeal and the recollection of
their campaign pledges, but meetings and conventions were everywhere
held to spur them up to the fulfillment of their mandate. The
resolutions passed by the principal body of delegates who came
together in December directed the Legislature to vote a system of
internal improvements "commensurate with the wants of the people," a
phrase which is never lacking in the mouth of the charlatan or the
demagogue.
[Sidenote: "Ford's History," p. 184.]
Public-domain text, read in full here on John Shaqi.
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