614
AMERICAN HISTORICAL ASSOCIATION
stance of that letter. The immediate establishment of a manufactory o-f a 1000 spindles with a capital of 40,000$ would not only en- courage the cultivation of cotton in the interior but promptly p_roducc a specie circulating medium by furnishing a comoclity for legiti- mate trade with tbe interior of Mexico, and the establishment would be rapidly encreased if suscessful, which appears to me certain unless political disturbances should occur. i:rr "\Vare has not only n large cash capital of his own but ability to command any umount that can be securely and profitably invested. He proposes as I wrote you to embn.rk 40.000$ in the establishment of a Cotton manufoctory in the Colony, provided he can have permission so to do, a.nd your protection and support. that is if he can be assured no impedi- ments will be thrown in his way to defeat the object. Such as priveleges to others, denied to him, excessive taxes etc. I have told him as my opinion that as the establishment of cotton manufactorys is a favorite project with the Govt and the location of one in the colony obviously calculated to promote the permanent inter<.'s~ of the State and people he might safely calculate on your giving the project all the encouragement in your power consistently with your public duty and that I had but little doubt you would obtain for bis henefit an increased grant of land in consideration of the project being carried into immediate effect, perhaps five possibly eleven leagues. He then said if you would do so he would allow you a i-hare of the profits for getting him the land, but on my observing I had doubts whether you would allow your private interest. to in- fluence your public duty he observed then that in case of obt!lining c!even leagues as an encouragement to establish the factory he would consider half of the land as mine for my agency in making the arrangement or it might be estimated ns so much capital on my :1cct and you might participate in the benefits or not as you might judge proper. He also wishes to ei1gage me in the operation, and on my telling him I had no capital to embark in it offered to consider my attention to the business as equivalent to Capital It. is very doubtful whether I can join in this operation. were my solicitation granted, I might be induced to do so as the most secure mode of establishi°ng myself in the colony to secure my lands, but altho two months and an half have elapsed since your arrival in Saltillo, I have not recd a line from you and give up all expectation of getting the land, I have therefore declined entering into any arrangements on the subject until I hear from you. M' ,vare will also wait your reply, before he moves in the matter. 1Vould it not be practicable to get the Govt• sanction to a grant of 11 leagues for the encon.ragemcnt of the establishment of the first fnc-
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