Title: Personal Finances of Abraham Lincoln
Headings: 
VIII. Savings During the Presidency
Content: The assertion of many authors that he was careless and shiftless in his personal finances is not borne out by a study of his savings during these years. His estate grew from $15,000 in 1861 to more than $85,000 at his death. The increment came principally from his $25,000 yearly salary as President. Lincoln received forty-nine warrants in payment of his salary. Nine|teen of these he deposited in Washington banks; with twenty-six he pur|chased government obligations; four were found in his desk after his death. A fiftieth warrant, issued in payment of his salary for the partial month of April, 1865, was paid to the administrator of his estate. Lincoln opened an account with Riggs & Co., Washington bankers, and deposited his first salary warrant there on April 5, 1861. He depos|ited seventeen other warrants, the last on January 31, 1865.