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    List of contributions to establish a tobacco factory at Saltillo

    [Circular] Lista Que Manifiesta el prestamo y Donativo voluntario que en reales y efectos han hecho los Pueblos del Estado para el establecimiento de la Fabrica de Tabacos de esta Capital en virtud de la circular expedida por este Gobierno con fecha 20. De Marzo de este año, y se publíca por disposicion del Honorable Congreso de 30 de Junio del mismo. [Saltillo]. [Samuel Bangs]. [May 8, 1825]. Four-page folder printed on all [4] pages. Imperial Octavo. [At end:] Sala Capitular de Bejar 8. de mayo de 1825 - Juan Martin de Beramendi.- - Imprenta del Gobierno á cargo del C. José Maria Praxedis Sandobal.

    Page [4] of the Lista gives an account of contributions made at Bexar "en papel del Banco National de Texas" for establishing a tobacco factory at Saltillo. The note states that the government could not accept these contributions since they were made in paper money. This refusal was based on a decree issued October 21, 1822, in which Political Chief Trespalacios of Texas set up a bank, the Banco Nacional de Texas, the notes of which could be used to pay the salaries of the troops pending the receipt of specie from the national government.

    Shortly afterward, Iturbide issued a decree authorizing the Mexican government to issue paper money. This meant that the Texas notes created by Trespalacios were no longer backed 100% in specie. On February 5, 1823, a circular was issued in Mexico by the Secretary of the Treasury ordering that all Texas paper money be replaced with the new notes issued by the central government. Finally a decree dated May 8, 1829 (Streeter 747) ordered the national treasury to liquidate the amount due the citizens of San Antonio for the paper money issued by the Banco Nacional de Texas. From the collection of Darrel Brown.

    Reference: Streeter 704, locating only his copy. Yale Exhibition 49. Eberstadt 162:874.


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    Auction Dates
    December, 2007
    1st-3rd Saturday-Monday
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