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TEXAS STATE LIBRARY pacific news brought by the ,v estern. Correspondents write me that whilst it would be useless for me to attempt to open the negociation before that time I have a very_ firm conviction that I shall be able -soon after that period, satisfactorily to close it, at least in a, form to grant you some relief by advances on the Bond's.- I shall have a messenger ready to take Bank N"otes if the advances are made in this form or transmit Post Notes for negociation in Kew Orleans by Express l\Tail.- I have received a Letter from l\Ir. Biddle under date the 11th. of April in which he says-" In relation to the Texian Loan all I can say now is, that what I could have done while in the Bank, I think I can do as well if not better while out of it. I am now at liberty to widen the sphere of negociation with other Insti- tutions that might be disposed to embark in it.'' I shall leave this on the first week in 1\fay & reach Philadelphia on the 10th. ready to meet the Exs. by the Steamship, Liverpool which I have no doubt will be favorable.- With a sincere desire to promote the interests of Your Republic let me my Dear Sir urge ·upon you the necessity of the utmost economy in your naval & mil~tary expenditures,. They will absorb the whole Amt. of your Loan in 12 months if sufficient restraints are not early imposed.-'- I am convinced you will have to anchor the Charleston or rather Zavala for. Harbor Defense at Galveston or run her ,vith 3 officers on board as a 1\Iail Packet.- Forgive this suggestion for from the course of mangement I saw that the Boat was under at Ne,v Orleans that she would burn a -dreadful hole in your resources.- As I must look to Europe for finally placing our Loan in invest- ment whatever advances we may obtain here, I cannot but repeat the importance of a recog·nition of the Independence of Texas by France. I wish no diplomatic honors or emoluments for myself but some ,official testimonial to show that I am in your confidence that I may ,approach Louis Phillip & his l\Iinisters,-as one having at least some :authority to speak.--- I transmit you a Newspaper showing you that Texas begins to be toasted in the U. S'.-a favorable augury.- You may depend on my zealous exertions & be of good cheer I must succeed without some very ·untoward event occurs.-
I remain with sincere esteem very respectfully & faithfully Yours.- J. Hamilton [rubric]
His Excellency 1\1. B. Lamar
Presdt. of Texas
P. S. I think it vastly important the moment Capt. Moore has concluded his business at the North that he should repair to Texas & arrange your naval concerns. His expernce will be of infinite con-
sequence.- f Addressed] His Excellency M. B. Lamar. Houston
[Endorsed]
J. Hamilton,
Apr. 19. '39
-Texas.-
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