Incumbent TreasurerJohn C. Martin, a Democrat serving his second nonconsecutive term, did not seek reelection, instead opting to run for United States congress. Democrat Louie E. Lewis was elected to succeed him.
The Illinois Banking Amendment, a proposed legislatively referred constitutional amendment to Sections 5, 6, 7 and 8, of Article XI of the 1870 Illinois Constitution, failed to meet the threshold for approval. In order to be approved, legislatively referred constitutional amendments required approval equal to a majority of voters voting in the entire general election.
If approved, this amendment would have made modifications to state banking rules that would have reduced the liability of bank stockholders.
One advisory referendum ("question of public policy") was put before voters.
National Draft for War on Foreign Soil QuestionEdit
An advisory question was voted on, which asked voters whether the states United States congressmen should vote against a national military draft. Those who voted overwhelmingly instructed congressmen to vote against a national military draft.
National Draft for War on Foreign Soil Question