[Transcript of Letter from Stephen F. Austin and Branch T. Archer to Henry Smith, January 20, 1836] Page: 1 of 5
This letter is part of the collection entitled: Moses and Stephen F. Austin Papers and was provided to The Portal to Texas History by the The Dolph Briscoe Center for American History.
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Dip. Corr.
New Orleans January 20. 1836.
To His Excellency
Governor Henry Smith
Sir,
We forwarded to you by Capt: Brown of Nacogdo-
ehes, a copy of the contract for the loan of two hundred thousand
dollars, negociated by ue, with Rtbert Triplett and others, and
we now forward two more copies thereof printed with a list of
the numbers of the gcrip taken by each stockholder, also six
copies of the Scrip, which will fully infos* #he Government of
every particular relative to this transaction.
We also enclose a certified copy of the contract for a second
loan, made byj^Erwin and others, and copies of the Scrip issued
in this loan.
By the conditions of these loans, they are to be ratified by
the Convention, the instalments on the first loan, are not to be
paid until after such ratification *s published by the Government
th
iagent in this City, in conformity with the 11. Article. The
faith of the Country is pledged for their ratification, and in
the last loan, we the Commissioners have pledged our individual
property and estates for such ratification. Any failure or deity
in ratifying these-bonus will totally ruin the credit of Texas.
The market price of land is now fixed at half a dollar per
acre, and we are of the opinion that no more land should be dis-
posed of, in future, by the Government, at less than"%*dollar, or
one and a qaarter, ae the minimum.
r
We have appointed M. William Bryan the General Agent of the
Government in this city and Edward Hall purchasing Agent.
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Austin, Stephen F. & Archer, Branch T. [Transcript of Letter from Stephen F. Austin and Branch T. Archer to Henry Smith, January 20, 1836], letter, January 20, 1836; (https://texashistory.unt.edu/ark:/67531/metapth217958/m1/1/?q=%22%22~1: accessed July 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting The Dolph Briscoe Center for American History.