433
THE AUSTIN PAPERS
JOHN DILLON TO AUSTIN
[Zanesville, Ohio, October 4~ 1836. See Calendar.]
THOMAS M. DUKE TO AUSTIN [Matagorda, October 5; 1836._ See Calendar.] WILLIAM ·C. PRESTON TO AUSTIN [South Carolina, October 6, 1836. See Calendar.]
HENRY AUSTIN TO AUSTIN
New Orleans 7 Octo-1836
GENL s F AUSTIN MY DEAR Sm
I drop you a line by the Urchin Lo apprise you that I am on my way to Texas, and purpose coming out in the Independence, Capt. Wheelright hav- ing promised me a berth. I regret to find our fiscal concerns in a worse state than when here last- The credit of Texas public and private seems to be entirely prostrate and to make matters worse an unprecedented pressure for money has been occa- sioned by the order for specie payts al the land offices- Yet from-a con- versation with Mr. Breedlove this morning I have reason to believe the sub- scribers to the 200 M Joan would yet renew the contract and pay up on the terms of the compromise as they understand it, that is to be at liberty to locate their scrip when they please, but without a preference-- At Mr Breedloves request I shall Meet some of the parties at his office in the after- noon for the purpose of learning what they will and what they will not do for your information for they consider the honour of the Cornn as pledged lo see the contract complied with- For my own part I see no chance of th~ public credit being restored until this contract is satisfactorily settled No other loan can be effected or other scrip sold until the public faith shall be made good as to this- • Williams I am told could do nothing with Scrip J>ere, and they write me from New York will not be able to do anything with it there-- The Texas fever has subsided all over the country and ·1 have found myself unable to raise inoney enough for the expenses of my family on any terms, or to sell land at any rate-- The statement of Col Willson and Capt Postlewaits [Postlethwaite] damn'd everything·in the upper country-and any person offering Texas lands either for sale or as security rut great hazard of being considered a swindler
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