Harper's New Monthly Magazine, Vol. 2, No. 8, January, 1851Various
General
Harper's New Monthly Magazine, Vol. 2, No. 8, January, 1851
Various
American literature -- Periodicals; Civilization -- Periodicals; Culture -- Periodicals
The Legislature of TEXAS met at Austin, November 18th, and Governor BELL
immediately sent in his Message. He states that he anticipated the
passage of the boundary bill by Congress, but regrets that Congress was
no more specific in defining the mode of ascertaining and making known
at the Federal treasury the amount of debt for which the five millions
of stock are to be retained. He considers that the creditors of Texas
must look to her alone, and not to the United States, for the settlement
of her claims. In regard to the bonds issued by the late republic for
double the amount of the original contracts, he thinks that between
private individuals such would be void on account of usury. He, however,
recommends that government should certainly pay to its creditors the
full amount of benefits received, and interest on the amount from the
time when it should have been paid. He also recommends that a law be
passed, requiring all creditors holding claims against the late Republic
of Texas, and for which revenues arising from import duties were
specially pledged, to file releases in favor of the United States in
respect to said claims, with the Comptroller of the State within a
specified time; and in default thereof, their claims against the United
States for the liability of the said debts, growing out of transfer of
revenue, under the articles of annexation, shall be considered as waived
from Mexico. On the 22d, a bill to accept the propositions of the
boundary bill, was passed in both Houses, there being in the Senate but
one, and in the House but five votes against it.--The party engaged in
the survey of the Upper Rio Grande have reported that forty miles above
Laredo is, and will continue to be, the head of steamboat navigation.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account