The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1865-07-14

the State as the representatives ol
eqnal states-rlghts under the laws
and constitution - Gatr,stoa Ness
From tn. Austin Gazette.
STATE COTTON OPERATIONS.
The report Of the Chief Cotton
Agent for this state is now com.
ple,c, 80 far az II can be mate a,
present, the books Of j. l. vii.
liams who had charge Of the Eagle
Pass office, not having yet arrived
They are expected daily, when the
whole matter will be closed, and
the Report is now open 10 the IN
spection of the public. We have
been permitted 10 make the follow
/ ing abstract, from which i, appears
/ that the to'al amount of cotton. cx
ported under the plan, was s, Io2
bales, one half of which was un
account Of the State, VIZ 4.05l
bales, which yielded per bale an
average OF $52.64. The amount ac.
tually realized to the State. NJ to
this date, in &l3l 400 81. This ~
exclusive oi the amount due 10y
Williams. which is supposed to be
about 10000 The amount Of
bonds to he issued is Sl9j, 100. 90,
aud the expenses Of the whole op
oratious (which cannot I've rendered
I'LL all Williams accounts are re
ceivcd) will ;rohahly be about
$4,000 In the purchase ot cotton
To pay tsr arms, a profit was mad
Of upwards of 10000 So far a.
Col. Armstrong Report shows. il
appears tlat only 2ss bales. out
It the amount exported 10y him,
shipped on account ui the state,
have reverted io II. which we're
solid ~ the enhanced price, the 4cn.
ius ut ilc cotton having received
u'l lhc tcnc iit-ut the Inference Ice
tween the price agreed upon at
home aud what it brought GA the
RIO Graudr-un the hallauc". II
will thus hc seen that the um-uut
due 10y AED 49, Williams. >el,rL los
been secured IT, a., state. when rr
,hzcd, viii increase ih" umuuh So
that the llnd- win have produced
nearly ur quite - par Waite n spc
Gle While the eight per cent spe.
Gle bonds were NJ that time only
worth lrom 20 To % cents un the
dsN5t. Va, -. cotton bonds, bearing
I .lrr cent interest, payable IL
years alter ratification W peace.
have already realized to the State
81 3 cents on The dollar Ia specie
OF It's cq'nvalcu1, exclusive of the
amount due by Williams.
From ibis II appears tina, the
state, iI0m her bonds. amounting
to less than 100000, has realised
what would have cost her, had
these bnuds been sold III the mar.
kci al home or abroad for specie.
not less than one million or nrmil
Hon aud bali This was one o'
the great uLiects the Governor had
m view IN the Inauguration of this
plan. that If To prevent the sacu
fee II the credit Of the State to SO
great an exlcut. This result has
been accomplished 10 The face OF
cmbarrassmcn,s and difficulties
thrown in the way of the execution
Of the plan uu the part Of the Con
federate States authorities, OF the
most serious character. II ia onl,
wonderful that 50 much has been
contaminated IN the midst of these
difficulties, when We bear in mind
that the whole time occupied by the
Governor IN III. purchase Of cotton
did not exceed one month. The
facts that we have stated above
are taken from the Report Of the
State Agent That these cotton
transactions have not been closed
before. and a lull explanation made
Ia the people Of the State. has been
no laul, ot the Governor- A 6naI
settlement of all these transactions
under this plan, has been esrnestiy
urged aud demanded 10y HIM for
many months past with the great
est anxiety and pertinacity, which
the agents, acting under h,s author