New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-25
NETWORK DAILY TRIBUNE, MONDAY FEBRUARY g. 1861.

all events, President Jones resisted the popular
impulse, in order 10 give an opportunity for fair
expression of the real desire of the people until
1t became evident that the whole matter wouC'
be taken out of his hands if he continued to re-
fuse the submission of the question to popular
vote. n a small number voted upon it We may
safely attribute it to the certainty of the result.
There was in fact no opposition. Gen. Houston
was strong advocate Of annexation. He bad
aspirations perhaps beyond what be has realized,
yet he doubtless advised well for the interest OF
Texas. The result Of annexation has been that
the debt of Texas has been paid--that is to say,
s., $50, 900 have been paid by the United States,
and the balance of what was really due 10
creditors has been repudiated by Texas. 1t is
true considerable part of this sum so paid by
the United States was bartered to members Of
the Legislature of Texas to get their votes in
favor of allowing the United States to pay the
debt Of that State.
After a sufficient sum had thus been received
for the private emelument Of the dsinterested and
patriotic members of the State Legislature it was
agreed that the United Suites should be permit
above mentioned, but this was followed up by
refusal ten and ever since to pay any thing ad-
dioDal to the State creditors, although it was
well known that the United States did not under.
take for any part Of the debt beyond what was
specifically charged upon the public revenues,
which had been transferred to heSUnited States
by annexation. This policy has been, however,
adhered to; the United States fulfilled its en-
gagcment by paying the amount agreed; Texas
has refused to pay anything more; the United
States became involved in war for the mainte-
nance of certain claims made by Texas to ter
ritorial boundary which was convenient as d.
vision of two nations, but which had no other
basis. The cost of the war has been estimated at
more than $l00,000,000. All the indemnity our
Government had for all this enormous outlay, was
that the public lands Of Texas were coded to It, But
Texas having now obtained satisfaction OF It's
debts out of the United States Treasury, and hav-
ing by the Intervention Of the military power of
that country obtained large addition to its ter
ritory, and become able to sustain itself against
Mexico, proposes to secede from the United
States, and claiming that in such secession it re-
acquires all the domain it formerly ceded to the
United States, az an indemnity for the payment
of its debts and defense Of its frontiers.
The Ordinance Of Secession was passed with
but little opposition. 1t is, however, yet to be
passed upon by the people. So far as yetappears
there is, however, scarcely the show of popular
opposition to the measure. General Houston did
indeed resist to the last the call Of Convention,
and yielded only when it was apparent that it
would be called without his authority if he would
not concur.
In his answer TO the Alabama Commissioners
he ntimated that Texas might prefer to main-
tain separate independence rather than come into
the Southern Confederacy. This, it is probable
will be the present policy. 1t will be, however,
but temporary-if we have any forecast of the
future. The prosperity of Texas is too much de-
pendent upon Northern capital upon immigration
from other States and upon mercantile credit in
the city of New York to allow final decision to
be made that shall cut OFF oil these sources of
advantage 1t would perhaps not be safe toPre-
dict positively what may be the result Of the
popular vote; it will probably be for Secession.
But after that shall have taken place what will
be the future course of the new principally
We think il requires no great gift of vaticiua-
ton to fOresee that as fair pretext
shall be offered it will return 10 its allegiance to
the United States. The value Of lands will be
materially diminished if Texas should be severed
from the Union. The trading interest also viii suf-
fer Credit has been freely given in Northern cities
to Texas merchants upon the basis in part of the
growing prosperity of the State, AID in part by
reason of the security given for the collection of
debts both Of which considerations grow out of the
connection of Texas with the United States.
Should it be ultimately severed from US, the dis
astrous effect upon mercantile credit viii become
at once and deciuivey apparent.
There is, however, no Independent public opln-
ion in Texas. Southern policy rules, and it will
be submitted to until the State shall by rash ac-
ton be brought into difficulties from which it can
be extricated only under the egis of the United
States, or until the scheme of Secession plotted
by Southern traitors, and thus far carried out
with some sembance Of success, shall be explOd-
ed by the dissensons already growing up in the
Mushroom Confederacy.
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