Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-02-24
EDITORS CORRESpO ,DE,CE

N""oHp, FeDTuarS ~, lS42.
Later acc'unts have been received from Gen lianil
ton since m, notice OF his msa ppcati,n ,f tn. h,.d.
OF tho James River and kanawha Company in one Of
my letters, which place him in m IRE i.yIr,5l Ggb,
before the community is to be regretted tbs. hi, lat
letter. received few days ago. giving t4I c,rl.n.,.a
oi the affair, was not sent by him directly J., Nj Cab
ell, Instead OF through his brother in Law. Nj. Crugsr
by whom II has been lately iorwal,,l-..n?e ,huyh j,
nigh. dot have relieved the Directors Of the Canaan
the necessity Of making disclosure Gifts ent,tr,s.
nens + the Lo-.atpre II thor causes +, roen h,,.
enabled ,hcm made that disclosure in ,.ns 80
dcrogaory 10 the reputation Of Gen. 1Iala.n II ap
pears that he received fr the $50 900 orb nj, h,r,he
Gated in Holland. x5nCU0 in money, which he used
not for his individual purposes. had bceu surl.~.l.
but II, Tie scrrice othe Ieri, government! ,nd at
time when lc was morally certain tia, he w.s,d !. on
abled 10 negotiate large lan for ,ha, government.
with the house of Latte Co. Of Paris with which !,
was his n'cntoh to redeem these bonds Tho ncgo.
ton OF that loan, may be ecollec,cd wa, Il. far con-
summated that Gen Hamilton in letters to this coun.
try, last snn'er announced its successful termination
but after. as he had supposed. the necessary arrange
mcnts had been completed. it was defeated, through
the hostility of NJ, Human, the the Frenc, minis.
ter Of finance, and he was thus involved in the
miscons,ructon and himself as he acknowledges, to
the pain and notification As SOON as he be-
satisfied that the expectation Of replacing the money
borrowed upon the sledee Of the stocks Of the COMPANY
by the negotiation Of tho Texan loan was blasod no
determined to To secure the Compar
and thereby prevent disclosure of has ldi.cretio,
which. to mind like his, "itelng as,ainlikc wound"
must necessarily be cxcrucatingy painful and huna.
| H. his br,,,h ;,la AZ
York, securities, which he held in the hope tina, he
might be enabled to raise upon them the money in New
York; and make the necessary rcmanccs to Europe to
redeem the bonds Mr.. c. however, was unable 10 do
in consequence of the pecuniary pressure and forth
with started to South Carolina and Georgia. with the
hope of obtaining from Gen. lis friends there the nces
sary amount. But the causes led to disappoins
there ALSO and this fact led to the failure of Mr.
Cruger reply to the letter of the President of the COM
pany, addressed to him in New York On his way from
England, Gen. Hamilton ais, cxccted deeds to his pro.
pery in South Carolina, and stepped at Cuba, fr the
purpose OF having them duly authenticated which have
been forwarded to the Company for farther sccun,yso
that it is probable, though may be embarrassed by the
pledge Of stocks, will sustain ultimately no loss Geu
Hamilton states that he by tho way Of Cuba and
New Orleans, not TO avoid Richmond. but bcrausc /,
was necessary to avail himself of the shortest and most
expeditions route. order reach Texas before the ad
Joumment Of Congress. under the belief and hope that
the government OF the country would take instant
and effectual for his extrication from the
unfortunate dilemma in which he has been pla
ced by his jealous devotion 10 its interesis-that
would not permit him TO be sacrificed for act.
which, however indiscrect cupable in itself. was
committed in fur,heancc of the objects of his mission
and under the firm belief from the state Of his ncgotia
tons with Lae, that he hazardcd nothing by pursuing
that course What effort the recent disclosure may
have upon Gen Hamilton it is not sassy 10 foresec.
late letter from Texas lin the ~ Y Herad) written
before any ntmaton of the kind could have reached that
country, speaks of him being very much depressed IN
appearance Another letter from Galveston, after an
nouncns his arrival at that place. in company with the
Belgian Minister, says: Gen. Hamilton informed I'VE
he as made arrangements 10 dispose Of five millions "
Texas bonds at ninety four provided the endorse
mcnts of the King Of Belgium is obained and that tho
endorsement can be had if cur (thc Texian) Congress
will gran, certain extensive commercial privileges 10
Belgium, the nature Of which Gen Hamilton did mol
tell me. 1t is not improbable thai Gen. H. relied upon
this contingent loan for his ultimate security. Inc
affair is painful one in all its aspects
The bill authorizing loan OF s2D,oN 10 the James
River ard kau1uha Company hls NJ, yet ,'u 'l,'l