Daily evening star. [volume] (Washington [D.C.]) 1852-1854, 1853-10-08
THE WEEKLY STAR.
tcossrSIcATEp.
TEXAS BOMBS

In reply to a late article in tie Stor nm thu
Texas Debt subject, permit me Ia sny that in
the first place, it is mistake that General
Hamilton desires that the legal opinion of
Reyerdy johnson be reverset. (as stated in the
Star , but, on tic contrary. that opinion was
procured 5p General Ramilfon and is directly
in his favor. IT is only true that he desires
tho report and opinion of the late Assistan.
Secretary of the Treasury. (whose friends are
large spectators, at about 10 cents in the dol
tar.) 10 he reversed, which declares that the
words OF the proviso in the act requiring that
the creditors should fic releases OF all
rfdi", I'm other swords, receipts fR tnII) in
"r"er 10 get their money. means that all ami
e'F'y cfe"'tOT ""St StCm releases b, foTc ert,l
ohr creator ran recetce a Stggie dOflar''
inns singular Interpretation was Quietly
passed, or acluIesced in, by the late aminble
Secretary, and the late amiable President.
In the second place, though Gen Hamilton
does represent the creditors of some of the in
stltutions TO which the article refers vet il ia
Incorrect that he takes the views imputed To
hini-and, in fact, the most numerous class
represented by him are snfcung WIdotr, nD6
orphans. for whom all his noble efforts have
been made to save them from the grasp Of ava
rlcIous spectators, who oppose their receiv-
ing what they arc willing and anxious TO take
the amount offered by. .Texas-which Gcner-
al Hamilton himself ia willing to take from
Of doftdr for 6Oflar, made to relieve TeNas in
her greatest need. But that payment has been
constantly opposed by the graspinc specuIa-
tors who purchased at ten cents in the dollar.
and most singular it is that only such epecu-
lators oppose it. and refuse to take what Tex
as oilers 'hcm-riZ: from twent five TO thirty
cents in the dollar for their ten cents paid
but demand one hundred cents-in other words
f''e h""dre@ per cent whilst the ori ginal and
real friends of Texas, are willing 10 lose twen-
ty and even thirty per cent, rather than have
longer delay.
In the next place it is also a mistake that
General Hamilton had anything 10 do rrfth
fhc sealing Systcm Of Te-raS but has (as is
well KNOWN opposed and protested against il
from the first to the last He has only de-
ciarcd that lie is c0mpsitcR to accept that loss
on his advances for himself and those he re-
presents, rather than submit to further delay
and further sacrifice to the unscrupulous spec
ulators, who are eagerly watching for their
prey, and who like Esop's dog will neither
themselves take what is offered. nor allow
those who are willing. TO do so
In the next place. the statements are incor-
ret in regard TO the loan which General
Hamilton was authorized to negotiate in Eu-
rope for the Republic of Texas and no one
Nho knew OF, or saw the ample and unre-
strlcted powers with which he was clothed.
could cast one word of censure on his employ
Ing the AID OF the then powerful United States
Bank in eftcctinS that object. or on any other
part of his proceedings; especially "a Texas
paper was then selling from to 10 cents on
the dollar. Indeed, it was an extraordinary
loan, and we should like TO see any of the
States effect the same now
But Il is true that General Hamilton sold
plantation after plantation at the South to
afford assistance to Texas in her need, until
his own ruin was the result; 50 deep was the
interest be tooH in her success And in addi-
ton to this, ne passed years in Europe. at
great expense and with most reTsevcring efforts,
in obtaining las her minister pleni 7ctentiary)
the acknowledgment Of her independence
from the different powers there; and he even
supported. for time. her ministers wherever
so acknowledged at his own expense, and has
been allowed nothing for these services
As my object was simply to correct errors L
will add no more than TO request you 10 pub
lish iif to be had) r copy of General Hamil-
tons memorial on this subject, with such ex-
tracts rs you find room for from his
writings which I send you; and refer YOU
10 the great speeches Of Senators Butler, Hun
ter, Mason, Soule, and other, in his favor
JUSTICE