The Papers of Mirabeau Buonaparte Lamar, Volume III

82

TEXAS STATE LIBRARY

with it the reffutation that it was the intention of the Legislator [Leg- islature J to confer such voluntary privalige- The principle when once established would involve the government already sinking under the weight of a great national debt with depreciated currency & credit almost in dispair-in a greater debt than miriads of successful Ad- ministrations will be able to cancel-according to such construction the goverment would have to pay interest on all her-debt that might here- after be contracted 20-or 100-year hence from the first of Sept. 1838- The argument that it was for "the purpose of inducing holders of the goverment Liabilities to fund them falls to the ground when we reflect that the ten per cent per annum is inducement enough in al[l] conscience-and that no other person look for any more but Dr. Smith You are aware that such injustice should not be done to the goverment & that it is your province to obs[t]ruct the opperation of such Laws as would be oppressive alike to the people En-Mas and the goverment To you I have thought proper to make this final appeHL In accordance with your instructions will I act- I have differed with the Aty Gnl & secretary of the Treasury on this subject-but with due defference to thers r their]. ability- & firmnes- I know they are gentlemen of more Experience than myself but feeling as I must do the injustice of such a Law & the evils that it is calculated to bring on the country I have thought proper to make this final appeal-to you- knowing that in you the people have a friend & the goverment-a director who will do Justice betwen the goverment & its subjects

Yours. With high regard

Jackson Smith

[Addressed]

[Endorsed]

His Excellency

Official Jackson Smith Augst 26th 1839

M. B. Lamar -President of Texas

l\fr.

No. 1423

1839 Aug. 29, OLIVER K. FREEMAN, HOUSTON, TEXAS, TO M[IRABEAUJ B[UONAPARTEJ LAMAR, [HOUSTON, TEXAS] Volunteering for "the ensuing campaign." A. N. S. 1 p. No. 1424 1839 Aug. 29, J. HAMILTON, PARIS, [FRANCE], TO M. B. LAMAR, HOUSTON, TEXAS 31 Paris Augst. 29t. 1839- (Private) My Dear Sir.- I did not write you by the return of the Great West- ern because I was anxious to inform myself still more accurately of the State of the Money Market in England and the progress of Genl. Hendersons negociations with this Government.-

"A. L. S.

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