THE AUSTIN PAPERS. 577 grent importance to us I lose not a moment in answering it which I had hoped to have done by means of the kindness of a Gentleman who I had expected would have left this place for your part of the country in which I nm however dis:1ppointed- At some paragraphs _contained in your letter I am I confe~s surprized but shall neither quote them nor make any remark since as I ever have stated [to] you I[t] shall never be my fault if in every transaction and correspond- ence which passes between us we do not act setting aside interested motives unworthy of either of us as Gentlemen and friends as such I am convinced we shall ever meet and trust hereafter travel over a great part of Europe together-I most anxiously wait your next letter containing the confirmation of your claims when I shall im- mediately take steps for effecting the sale of some part of the land in order to create a capital If you do not receive gooc.ls a·s soon as you expect you have only to blame the ill luck which has prevented your letters reaching me since I cannot doubt your having written very often and as I so anxiously solicited you by every channel, the Havannah, Jamaica, and the United States-In my former letters written when I was over head and ears in business, and bother I probably omitted stating to you the co.uses of my not forming a Com- puny as soon as I had at first intended and you will I am convinced most fully coincide with me in [my] opinion relative to the pro- priety of the determination I announced to you in them of unless something offered more favorable than the aspect of affairs promised entering into no agreement except indeed it were on most advan- tageous terms or to a friend but rather await your advices and then sell land to create a Capital-The fact is the very day after my arrival in London I laid all ou,· Documents before a friend one of the best informed and most respectable merchants there I subse- quently fully explained the business and he made every requisite enquiry when we found that in consequence of the numerous Piracies which checked the Spirit of Speculation in that quarter by render- ing the seas beyond measure p~rilous, nnd owing to the unfavorable impression made by false reports (representing :Mexico as on the eve of a civil war and one general distress and confusion) which I in some measure did but owing to the silence of my correspondents in Mexico could not wholly do away to form a company even on fair terms would be beyond measure difficult and even when effected would require a vast sac-rifice • of -inte1·est since in order to procm-e 60 or 100,000 Dolla1·s we must give 1tp land which selling at the rate that of Poyais fur inferior in every respect then brought in the market worth at least four or fi1_1e possibly ten twenty or tltfrty times
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