stock among our friends, they again among theirs from hand to hand in thr shape of obligations, to convey when received it has passed into various hands, in cvry state in the Union, all of the holders having been induced in some degree to purchase from a feeling of sympathy for your cause, besides the Government in your favor, and begets a confidence in your success, and consequently gives additional value to your obligations. I will venture to say no Enemy of Texas in the United States holds any of her stock, and I know as second purchasers, many of the most wealthy and influential men in the union, who are holders, and the failure to obtain the Scrip "according to the compromise" will cause innumerable disappointments, heart burnings, ill feelings & enmity-But leaving out of such considerations and putting the matter on the score of interest it would surely be wise in the government of Texas to comply with the compromise littcrally & promptly all deaJy must operate to her injury. 1 beg leave to offer an illustration of my position. The amount of land claimed by the loan contractors, for the whole amount paid and the bonus amounts to about sixty four leagues. The number of persons who arc now interested in this land in the United States, arc able to give some sensation in favor of or against the stock in Evry State in the Union. To say that their influence in its favor would make it worth 25 els, pr acre, more than it would be worth with their opposition, would I think he saying little less than 1 am sure might be said. If this be true then if Texas would square six hundred miles or two hundred leagues she would contain forty thousand leagues, and as all value of land would seek its level, the effect in the United States would Extend to Texas, and pervade the whole of this land, causing a difference of twenty five cents per acre, or forty four millions of Dollars, and possibly the salvation of the country might depend upon it, for your means of carrying on your war, must mainly be drawn from your land, if you create a disgust among your most Generous advocates, and they abandon the market, declaring they have no faith in the government, and would give nothing for a title to land under it as a matter of course, others will be infccted by the same feeling and you will not be able to sell at any price, nor to raise money at all, confidence is a plant of slow growth and of a lender nature, easily destroyed loo much care cannot be taken to nourish and protect it for if once injured the wound is vcrry difficult lo cure, and yet upon its life depends the~ Existence of almost Evry Government. · I repeal Sir, for myself, and I believe I might speak for all the
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