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

AS coon as tnese ARTICLES appeaTeO the tHIee Catai-
sls sgnifed TO Messrs Late that they declined sub.
scrbing the loan-tha he had assured them of the
good will and patronage Of the Government, which 1t
seemed withheld Messrs Laffite ~ Co.,
consequently issued in the gazetes Of Paris the follow
ing note
"Messrs LATTE < Co. have assumed The obligation
to issue Loan Of - millions francs OH account OF the
Government Of Texas in consideration Of The decara-
ton inserted in their contract, Art 10. The present
treaty made consideration Of the formal assurance
given bv the Envoy of Texas that the adhesion OF the
French Government had been obtained, as we'll as the
promise In facilitate, by lis moral support, the negoha'
lion of the loan of which the Envoy of Texas has
given 10 Messrs Laffte & Co. the material proof The
observations published in the Monlteur and Messenger,
the usual organs of the Government, being OF nature
to inspire the public mind with doubts as to the secur'-
y that the loan offers, the opening of the
10 the loan advertised 10 take place The 10th INST,
is postponed until further notice.
With every of The kindness and confidence oil
Messrs l.aifte X Co, nevertheless cannot refrain
from expressing my regret, that the opening OF the
books postponed; this measure, together with
the severe blow the negotiation had received from the
hostility of the French Minister of Finance, proved at
last decisive gifts fate. prospectus was issued
for the opening Of subscriptions the LIST July, upon
the condition that it not to be declared definite,
unless one fourth Of seven millions OF dollars sub
scrlbed.
| Immediately left Paris for Holland, Germany and
England and was encouraged by the prospect and hope
of procuring amount sufficient, with the subscrp-
tons Messrs Lafite x Co, had might receive 10
the definite sum, and authorize the issue OF the
Bonds The appalling accounts which came to me by
every arrival from the u. s., augmented from time TO
time, my diicntes-prostrated my efforts, and was
finally constrained to cancel my contract with Alessrs
J. I.afii;e x Co.
], however, meaced series of negotiations for
an international guarantee of Loan by one of the
powers OF Europe founded certain commercial
talents, and the sales and security OF your rub
lie Domain and, the strength of these arrange.
ments, opened treaty with one Of the first houses
in London for advance OIL the Bonds. ! CONNIE need
this negotiation i'll November in consequence OF my
receiving the most authentic information that Mexico
medated vigorous invasion Of your territory, both
by land and sea. desired 10 bring out with me the
means of placing the country in state Of security and
defence. | thought that | had certainly succeeded,
from the assurances of of the leading partners OF
of the first banking houses in London but adverse
pecuniay advces continued 10 flow in from America,
and the intelligence that 4 civil war existed among
yourselves, which reached London early in December,
and was decisive of the fate of these overtures
| embarked from London on the 10Th December, By
the Royal Mail West India Steamer bringing with me
the prod of Legislative compact, for international
guarantee OH your Bonds, and with we'll .matured bills
be passed by Congress for the sale and settlement Of
your Public Domain, and for raising money on tine Sc
cnrity of the by Bonds commuable into termna-
BILE annuities.
Unfortunately the steamer in which embarked did
not arrive at New Orleans unit, the Goth OF January
and did not reach this place until the LIST Of Febru
ary-fve days previous to the adjournment of Con.
gress.
That body decided that sufficient time was not al
lowed, previous TO the period fixed for their adjourn
menl, 10 act on these measures decision in which
more readily acquiesced as-om the disastrous picture
presented by President Houston, his message of the
10Th December of the condition. credit and resources
of the country. and the passage by both branches of
vernment" hy violation Of the condition on the face
Of their contracts although successfully vetoed by the
rresident-the procurement, of the guarantee
dered if not altogether hopeless 10 say the least, emf
nently difficult and doubtful. The Land and Emigrs.
ton bills brought with prepared b. these best