ing to the dates of the issues of the notes, and the value at which they were issued, and also including, in most cases, the interest. This is the equitable principle upon which Texas determined to pay her debts. Does this evince a disposition to defraud her creditors, to involve her reputation, to repudiate? In these honest times, if a man gets his due, he is doing very well. Has not Texas done this toward her creditors? Texas, sir, has evinced no disposition to evade the payment of all equitable and just debts and liabilities.
I have every disposition to be very candid on this occasion, and therefore I think it due to the creditors, I think it due to individuals, and I think it due to the Government of the United States, to state plainly that I would not eschew one liability on the part of Texas, and transfer it to the shoulders of the United States. I would say to Texas, "Pay away the last cent in your coffers, bankrupt yourself, give away your hundred millions of acres of land, rather than throw the responsibility on the United States." If we were to be left destitute of a dollar, and without an acre of land available, the times then would not be as gloomy as those through which Texas has already passed. I would be sorry to see Texas not meet her just liabilities, and throw the responsibility of them upon the United States, and that then, through grace and tender mercy to the reputation of Texas, the United States should liquidate our debts.
I am for doing justice, and nothing but justice; but I am determined that something shall be understood in relation to this matter, more than the partial representation of the claimants was disposed to exhibit to the world. Who are those that are most clamorous against the injustice of Texas, and the wrongs which they have sustained from her? Are they men who have peculiar claims upon the sympathy of this body? Are they men who have peculiar claims upon the confidence of Texas? Are they men who blended their destiny with hers in her hours of trial? Are they men who marched with her armies upon their marches? Are they men who upon her vigils of peril watched with her? Are they men who toiled or starved for her? No, sir. They have sprung up, like dragon's teeth, around this Capitol within a few years; and we find the diffusive influence of this speculation upon multitudes that surround the Capitol. Members are besieged at every step with appeals, "Do this for us; do justice for us; save the reputation of Texas; be honorable, and it will do her some good." They do not say, in significant strains, "Fill our pockets, fill our pockets, will you?" though this is what they mean. They mean nothing else than to acquire, and to take away from either Government—I will not say ill-gotten gains—but what would be clear gains, if they got them.
The largest amount of the outstanding issues against Texas at this time arises from obligations that were issued from her treasury, for which she received but from sixteen to ten cents on the dollar; and now a hundred cents on the dollar is claimed for them, swelling the amount of her debts to millions. No matter how irregularly the debt was contracted by Texas, whether there was authority for the obligations issued or those brought in and funded; whether they were made without appropriations or not, Texas has estimated them, and placed them on a footing with the other equitable demands against her. She has extended equity when she might have caviled, and contended that, according to strict law, or common usage, she was not bound. Yet we are told that if Texas would only corre forward and redeem her outstanding obligations at par, or pay all the money she has in her coffers, and the $5,000,000 reserved by the United States,
