DescriptionJohn A. Wharton Autograph Letter Signed. One page with integral address leaf, 7.5" x 9.5", "Committee Room," Houston, May 17, 1837. Writing to David G. Burnet, formerly the president (ad interim) of the Republic of Texas, John Austin Wharton (1806-1838), former adjutant on the staff of General Sam Houston during the revolution who participated in the Battle of San Jacinto and was now a member of the Texas Congress, asks to meet regarding two loans, in part: "The undersigned a special committee appointed for the purpose of . . . selling the two loans negotiated in New Orleans and fully authorized by Congress to send for persons and papers have to request you to wait on us at Houston . . . for the purpose of obtaining from you information in relation to the modified contract and other matters touching the two loans." While Wharton is not specific as to the nature of the loans, it is highly likely that these were loans from the United States to help fund the revolution the year before.
When the war for independence began, there was very little public money in Texas; certainly not enough to maintain a standing army and establish a provisional government. Texas, however, was rich in one resource - land. The new government of Texas sent three commissioners, Stephen F. Austin, Branch T. Archer, and William H. Wharton (John A. Wharton's brother), to New Orleans in January 1836 to offer investors the opportunity to purchase land in Texas at fifty cents an acre. This first loan for the Texian cause totaled $200,000 and was subscribed by ten men: four from Cincinnati; two from Virginia; one from New Orleans; and three from Kentucky, including Robert Triplett, who subscribed for $100,000, half of the first loan. The second loan totaled $50,000.
Usual folds, damage from wax seal at upper left corner. Some areas of ink smudging.
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