509
PAPERS OF itrnABEAU BuONAPARTE LAM:AR
Alabama totally unsaleable we shall be doing well in these times to obtain this price. As I assure you American Credits are totally pros- trate.- My Contract with Messrs. Laffitte & Co.- provides as soon as it can be done that 5 Millions of acres of the public Domain of Texas shall be laid off sectionized & sold in Europe under a judicious system of emigration and the proceeds applied to the sinking Fund & ultimate reimbursement of the Loan. As this Land must be laid. off in some portion of Texas suited to European Colonization it will have to be above Austin. By applying therefore a small part of the proceeds of the Loan to the building of a chain of Blockhouses & keeping in the Field a 1000 Mounted Rangers you will recover from the Indians Land enough to pay off the whole Loan and giYe security to your whole Northern and Western Frontier.- For the location must. be made be- yond the reach of Congestive & Fever & Ague. To enable you however to make the Loan really efficient, a National Bank is indispensable and a good Land system for Europe adapted to the wants of Emigrants at the same time productive to your own Treasury. For both objects I have the best heads at Work in Europe, and shall at a future period transmit the requisite plans for each.- The delay attending my negotiations with the French Government will prevent Messrs. Laffitte from bringing out the Loan until June, and of any part of it being realized until Augt. in New York.- Do not authorize any Drafts on me until you hear further from me. I must take leave of absence from mv mission at St. James to return to Rettle all my a/cs. I will return t~ Europe in the Spring of 1842 to put your Land System here in operation & will go cheerfully to Madrid to make a Treaty to secure vou the Cuba Trade. I wish to compleat before I close ~:V business with your Republick to compleat the circle of your European Commercial & Diplomatic intercourse-- with esteem Dr. Sir Vice President Burnett.-- -Respecy. &c- J Hamilton P. S. I had to send yon my proof copy of the dispatch in consequence of an accident occuring to the original & my not having time to write it over from the instant departure of the Mail- -I hope by the Steamer of the 4th. :May to write the Secy. of the Treasury of State that my business iR closed her [ sic J successfully. -With the view of having powerful individuals engaged in our affairs let me request you to appoint -Taylor Cornml for Liverpool -Herckenrath. for Amsterdam & send the Commissions to Col. Bee I will fill fill [sic] up the Blanks with their Christian Names- Respcy.- JH. P. S. Bv placing- the Proof read it without difficulty [ Addressed] His Excellencv- Vice President Burnet.- Austin -Texas- copy on a sheet of white paper you will [Endorsed] Genl. J. Hamilton Paris- France Apl 14th. 184.1
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