Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-03-12

curing pacicaicn with Mexico; aud iie 'h'tr' TOT
The reciprocal suppression OF the African n'ase i,""e
| trc7 achieving these important International Con
,.o,ons returned 10 ilolanc ba: unfortunately 'he
clouds were beginning then to gather over America"
4 d,, and the Bankers with whom had been previ-
,mIy ,,e,,ins deemed the eio. 10 place the Texan
pn5s ON The Amsterdam Market, al that PERIOD as a.
,,,.ber homeless returned II London, IN Decenioer,
where both ms colleague aud ny sell, alter oeing ceef
~ nv many iia;erinr prospects, were at last des''neo
IA RECOGNISE the cause oil failure JUST Us s"ceees
! .,s s,ru,nrlv about TO be contaminated
,c- :. ,l- conference with Lord pumerston. and
,.cn,;ng his best officers with Mr.. Packeniam, Her
v,;,stys Minister at Mexico, for placing Mr. Burny
IN direct communication with this innctonary, 1t was
agreed that he should return to Texas. and Oh his
s,y nrocure at Washington passport as citizen of
the ni,ed States, and repair to Mexico, Tor the pur
nose Of privately cooperating in any medatorla efforts
! Of the British unctlonary, i'll bringing about paclhca
ton between Mexico and yourselves You are aware
that the action of your Government, previous TO the
arrival of Mr.. Burny, prevented thus plan (Which
would in no degree have committed lt) from being
| ried into effect
After the departure of Mr.. Burnly, repaired to Pa
ris had all along been reluctant to select France as
the sphere of my negotiations This the result OF
delicacy as well policy Policy from the apparent dis
ficulty of obtaining any investment OF American stock
in the French market Dellcacy, from my possessing
written pledge the part OF the Frencl Government
pven IN 1889 aid in the negotiation oil the loan, winch
knew might have to be purchased by further CONNER
cal concc ssons and which determined TO hold as the
last card in my hand On arrival IN Pars, through
the introduction Of gentleman who has proved Jealous
and intelligent friend OF Texas IN Europe, was placed
IN communication with the Banking House OF messrs
La,ie Il Co. In Il few days agreed upon the preli-
mnaries for The negotiation OF the loan In
reading the pledge ofthe French Government 10 Aesss
Iaite X CO., they were OF opinion that ought 10 up
pv for the guarantee of the French Government, and
our contract was framed in the alternative as to the
rate nj which the loan was be brought out, If with
or wi,hou, the guarantee. Immediately opened me-
collation. with NJ Guizot, and besides the concessions
made already, BY the reduction OF duty on the
hrandies silks and wines oil France, | proposed, as
an equivalent for the direct endorsement by the
Government of France o, the bonds Of the kepub-
lie Of Texas that these articles should be ADMITTED
free of all duty, until every Bond issued under
the loan, and endorsed by France, finally extin-
gushed and paid OF. Apparently, very favorable ear
was given these proposals both by NJ Gu'zot, Mar
shall Sout and the Minister Of Commerce. My pro.
Jet was transmitted by Nj. Gurzot to the Minister oil
Finance, NJ Human: and had the honor of being in
vited 10 personal interview with the King, who
on reading the proet Of the treaty had submitted
to his Ministry, remarked that whilst Tue measure
was calculated to sustain the public credit OF Tex
as the advantages manifest to France, he
would support, IN his own Council OF the Ministry,
the proposition that the guarantee might he prompt
" afforded. The assurances which NJ Laiitc re-
crived almost daily from NJ. Guzot III the Chamber
Of Deputies, equally encouraging AS with the
guarantee of the French Government, the bonds IN
the French Market could have been n. par consider
ed that possession of The assurance Of the king
negotiation OF the Texan Bonds at par had been Sc.
cured These negotiations with The French Govern
ment were proracled until the first of March, when
received note from NJ Guizot, informing me, that IT
was necessary should see The Minister of Finance
without DELAY. accordingly repaired to the Bureau
of that officer who informed he that France having a
very large loan TO contract for herself the guarantee oil
the Texan loan out OF the question then, IN
the most respectful terms informed this gentleman,
that Texas had conceded 10 France very valuable
mcrcial advantages, as consideration Tor her anu IN
procuring the loan IN question, pledge oil when
held in 4 letter bearing date September H. lc5o,
from Marshal Sout then Minister Of Foreign Affairs;
and that the King had positively and unequvocay as
sured me, that he 1eon support Tie guarantee m TIE
Cabinet al has ministers. Ihls last declaration seemed
to disturb the equanmity oil NJ Human temper lie
immediately replied that Marshal Soult had right to
give such pledge and If the King attempted 10 force
han TO support the guarantee the Chamber OF Depu
ties he would resign replied, that, as ANXIOUS as
might be of distinction, did not covet the noorety oil
producing a Ministerial crisis in France. would
: therefore instantly withdraw my application for pc
ouniary guarantee, as would not for It's value embar
rass his MAJ esty by any which in momen,
e of personal kindness he had gwen TO me. NJ ilu
= mann 3 good temper seemed Immediately TO return
: He assured me, he recognised my good disposition with
a most friendly appreciation, and that the French Co
vernment would do every thing short Of direct pecu
mary goarantee 10 aid me in my negoations-that he
would speak the leading French Bankers in favor o.
Eo'N
i faith Of Texas 10 meet her obligations
y Having thus withdrawn the proposition Tor a pecu
- mary guarantee the part Of the French Govern
It ment determined, II | could obtain no substantial
equivalent for the concessions which Texas had made
}. France at Austin, by additional s,puatlons to the
treaty concluded by General Henderson, the faith
i of Marshal Souts letter Of the Eth September
1889, against my earnest circumstances with the thef
# Administrations the ground that 1t was dangerous te
pay for an article before 1t delvered that would
y take the bare good will OF the French Government TO
l. wards my contract with LATTE and Company as al
If equivalent for concessions could not revoke, as the
}, MEANS least supposed, OF protecting the nego
!. ,ieioa Of The loan against the hostility OF the French
j., Minister of Finance which, very strongly suspect
j. cd, arose from apprehension, however absurd anc
unounded on his part that the Texan stock would in
r teriere with the issue of his on the Paris Bourse
$ | therefore addressed the following letter to Nj
r Guzot:
. PARIS, April 81, lS4l
II 10 us EtccNency " Gui-ot
/. Sir have had the honor 10 receive your Excellen
If des?atch Of tc }lst ut Whilst regret that the
l. Government Of his Majesty is prevented from aording
its direct pecunary guarantee To The loan, for The he
public Of Texas Of - millions of francs TO be brought
l. out by Messrs. Lalite 4 Co, nevertheless appre
n ciac fully the circumstances which induced IL, al thu
crisis, 10 withhold this favor, notwithstanding the I'M
Y poant concessions and advantages 20 French indus
try aud commerce was prepared to offer as It's eIuya
ii lent
estimate, however, 80 highly the magnanimous anc
enlightened policy OF ms Majesty, I'D oelng he hIst
the governments OF Europe 10 recognize the lndcpend
Il oil Texas, and the friendly disposition Of Marsha
i Sou disclosed IN his letter Of September 12,h, 1889
n to myself in behalf Of the loan then, | an
now, authorized to negotiate for the Republic TO in
u ducc declare 10 your Excellency that these ia
= vorable demonstrations, together with the further as
l. surances which your Exceency has afforded me- il
your favor of the 3st ult of the entire willingness
Ut his Maies:ys Government to tacItae the negotiation
Of my loan by any no, involving the pecunary
d guarantee in question, as spcifcaHya full eqn'vaen
for the concessions and advantages granted TO French
commerce, under The Eth article of the treaty between
e his Majesty the King Of the French aud The Republic
e of Texas signed Paris, 18th Sept 1882 which
superaddod at AUSTIN previous 10 It's ratification, III
faith II lie c0ntaaed IN the later ot his Et
n eesnry ne H"eci Dai,rntie then .nster Of Fordg,
If Affairs ySeE beariag date Of Sp'embor ~, 1889
e | be- raye u add that however arpey The direc