Business Ethics in History – Abraham Lincoln

… An old acquaintance in Illinois, having organized a bank under the new National Bank Act, wrote offering some of the stock to Lincoln, who replied with thanks, saying he recognized that stock in a good national bank would be a good thing to hold, but he did not feel that he, as President, ought to profit from a law which had been passed under his administration. “He seemed to wish to avoid even the appearance of evil,” said the banker.

Carl Sandburg’s

Abrahm Lincoln – The War Years, 1861-1864

Page 344

Enhanced by Zemanta