enthusiastically admired and pronounced the best thing that could have been done for Texas, inasmuch as it convinces the intelligent of the justice of our cause. I also send you a copy of the ordinance for raising volunteers. The design you will understand lo be Hercules killing the hydra. The monster has two heads, one representing tyranny and the other priestcraft. The man with the club represents the people of Texas beating off the heads and the other man, with the hot iron represents our friends of the United States cauterizing the place and preventing the heads from growing again. The emblem is thought to be a happy hit. I have sent on of my Curtius pamphlets to the president, vice president and every senator and representative in congress. We have twenty or thirty of the ablest men busily operating for us at Washington. It has been a great misfortune that the rivers have been frozen and the roads impassable so as to prevent our progress. My health, too, has confined me lo my room. We will start to-morrow to a certainty, but it is yet more than doubtful whether we can ascend the Ohio. Accounts from Louisville, four day ago, represent it as passable on the ite. It is thought by the ablest financiers here that we can raise all the money we want, in two ways. First by issuing scrip calling for from 150 to 640 acres of land, to be rated at $1.00 per acre. Let this scrip be placed in the hands of the different Texas agents, each purchaser paying $1.00 and acre in cash for what he buys, to select the land when the offices are opened. It might be well to give an option to the holder of the scrip, to demand his money of the government at the end of five years, with 6 per cen interest, if he did not choose to take the land. This, I think, would be best, and in this way a sufficient sum can be raised. This enables a man having $160 which he wishes to invest, to do so. The other plan of borrowing, places us al the mercy of large capitalists alone. Second, the other plan proposed is for Texas to issue treasury notes bearing 5 per cent. interest, redeemable in five, ten, or fifteen years. Our fiend and agent, Mr. Hill, has offered to take $50,000 of such treasury notes. We commissiqners have no power to issue scrip or treasury notes, and I here present the subject for the consideration of the next convention, hoping they will act on it promptly. Either of these plans will, I think, answer all purposes. We must also, in my opinion, have a bank, the capit~I to be raised on the pledged real eastate of the stockholders. Let 1t be
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