New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-02-14
Tidinss OF Annexanon-cH.
Snug giing-Uufafr allowance Vi ~
Public Debt, Lands, &c.


Correspondence OF the Tribune.
Cry OF HorsroS Jan 18Th. ls4o'
-ryo,.cr GREELEY The intelligence OF the maj
If the resolution for the admission OF Texas
,,,o The Union has been received, and hailed as
oil ;ovous events are hailed in this country, win
,,biskv and gunpowder The roar OF cannon an
.onnc.d the progress OF the news from village to
village and the echo of the boundless pralries
bightened expectation ahead OF the mall ffesr
dent Jones has announced his intention OF gaining
The Legislature together the I'd OF Msrcn' winch
is the 10th anniversary day OF the present oo'etN
noent Of Texas A romantic desire 10 inaAe '''e
same dav, which witnessed the oirth Oh leAas
among the nations OF the earth also witness lhe VOL
un,srv extinction OF the Government Is alleged Is
. snqicient reason for this delay. Another and
better reason, however, may be found IN Inc iac'
,bs, o,,inp to the heavy importotio'st from Europe
mn, eo;up on. IN anticipation Of ANNEXATION ne
f,mins stricken treasury of TEXAS Is reaplng an
unusua1 darcest Since the proudes, days OF Rome
tho Ike of this has not been seen-a country OF
100000 square miles, voluntarily surrenderlns lis
national sovereignty, and willingly melting away II
the overgrown bulk OF an ADJOINING hePuo..e
Neither in the T. States nor in Texas has any olnef
for this strange revolution been assigned man
come pecuniary or commercial advantage :! ne
mercenary spirit Of the age overslaughs all pa'llo'
ism and pride Of country and the present dsy s~
bibts TO the world the humiliatlng spectacle. OF
whole nation eagerly oarlefihg tnen oii' So "
mess OF pottege $1,000 ..
Tho allowance of two members OF Congress 10
Texas is a mere gratuity. 10000 votes IS inc ~
most vote Texas give, and the best lnlof iheu
among her citizens do not allow her greater Pop.:
la,ion- than IS 000-white and black But 1e&as ID
apHyx
the recipient of many favors The next P.oposi'.oi
which will be presented TO Congress Will De me AS
snnntion of The Debts of Texas by the GENERA!
Government do not believe that the people mere
care whether this is done or not Ihey are NOT t'e
holders of either the Ellis OF Texas, or her Scrip
~ ber Ended Debt These liabilities of the Gov
eminent have fallen into the hands OF and are now
boarded no by Brokers, Stock jobbers and specuIa
tors in the nted States and all that individual yea.
which was 80 eagerly and inexpllcaoly manifested
during the LAST Presidential campaign VIII SINK INTO
curses not loud but deep. if their Debts should go
un,aid The Annexation of Texasis the bantling OF a
Joint stock company of political gamblers and private
The nossession OF power, and the division OF spos
from the guilty gains Of the one already enjoyed ana
the other backed by the influence OF The Execu'
rive will shortly be clamoring at the doors OF Con-
gress for its reward The debt of Texas was Gre
ated upon her credit when that credit was low IN
decd and her bills and funded debt were alike
created at enormous discounts Ii the Government
owed you 500 in par funds. she would pay you
according to the time from $500 TO $1,000 OF her
own bills and from time 10 time, these bills were
funded at 10 per cent. Texas never intended to re-
deem such debt par but only for so much as they
were paid out. II, therefore you scale the debts OF
Texas down TO their par value, when they were
created twill be found this country Is not so heavily
in debt was expected. The effort OF these debt
holders however will De TO get the u States 10 pay
these debts according their face for without that
their gains will be greatly curtaied.
The pretext will be the exchange OF the Public
Lands Of Texas for the payment other Debts THIS,
like every thing else connected with Texas Is num-
bug. There is no foot of land in all Texas proper,
of any value that has not already been covered by
certificates or patents. The Public Lands Of Texas
lie in that region of county between the Nueccs
and Rio Grande and all tina. region which lies In
that neck of country north of the head OF the Nueces
and between Red River and the Rio Grande, run
ming up to Santa Fe. 1.-THE claim OF Texas 10 that
country was either just or acknowledged, yet II Is
doubtful if every foot of land of any value is not al
ready covered by valid claims from the Governments
of Coahula Chihuahua, Timaulipas and New Mex
ico The country embraced in that region branches
on the verge of desert. Except narrow strip OF
country on the Nueces Rio Grande and Red River,
the whole country isan unbroken sandy prairie, with
out water or timber. A traveller no more dares 10
venture across that waste without water than an
Arab would across his desert Besides this. such
has been the management OF the Public Lands here
that they have rather burthened the Government
than yielded revenue. The L and System Of Texas.
like the systems of all the Mexican States has been
better calculated to throw the lands into the hands
of spectators than settlers, and the slow increase
in their price has been the inevitable consequence
and has brought with it corresponding disappont
ment 10 the holders l am not able at the close OF
letter already too long to explain fully my meaning;
and will devote my next letter to that subject and
when the matter is perfectly understood it will fur
nish the key to many OF the motives for Annexation
and also show why the people of Texas are willing
to give up their Public Lands 10 pay Debt which
when properly computed. would be insignificant
compared to tkeir boosted domain. | shall write
regularly week, but cannot expect that my
letters will reach you regularly until the Post Office
laws Of the United States are fully extended TO this
conntrv WAYNE.