TrxAs-HrR REVENUES AND HER Dzsrs.-Ine
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TExAs-IiER REVENUES AND HER DzRrs.--Ihe
annexation OF the republic of Texas having been
con'ummated, and her hncorp poraton with the
United States having been Ierfected, there are
several circumstances growing out of this act,
which require consideration and action, in order
That equity and justice should be done to all dom
cerned. On this subject we give an admirable
letter, addressed by General James Hamilton,
formsrly of South Carolina, to the government of
Texas. This manly, unassuming, and straight
forward letter, exhibits in clear but unprstsnd-
ing manner, the great services that Gen. Hami-
ron rendered to Texas in her darkest hours, in
procuring her money, getting her independence
acknowledged, and ether important measures ac-
complished for her, while he was the Minister Of
that republic in Europe.


The Tribune, a few days ago. after quoting
Gen. Hamiltons letter, calling the; Texas an
nexation catastrophe, launches out in its usual
flppant style, into a TRADE about slave iobbng
and land jobbng, as it chooses to term the propo-
sition alluded to. The fact is, this is all humbug
and balderdash. The Tribune knows, as well as
any man in the United States, that the annexation
of Texas was the most important measure passed





ann. The acquisition, or annexation. of that
State gave us the control of the Mississippi and
portion of the Gulf of Mexico; but the annexa-
ton of Texas will give us the entire control of
that Gulf-an invaluable tract of the best land in
the word-a climate unequalled for salubrity-
and will lead the way for the ultimate acquisition
OF California, the possession Of the harbor of San
Francisco in the Pacific, and give the Union a
art >T< A.
never hope of reaching if Texas had not been an
nexed. When this great question has received
the sanction Of the whole country-been perfected
and set at rest forever-any attempt now to dis
cuss its propriety is insult to the good sense Of
the whole people. The war on the Rio Grande,
opened 50 auspicousy, will perfect these views.
BY the terms of the joint resolutions Of annexa-
ton, proposed by the Congress of the United
States and accepted by the Legislature and citizens
OF Texas, the latter was to cede to the former all
public ediices, fortifcatons, and all other proper
ty and meansu belonging to the public defence !;
that she was to retain all the public funds, taxes
&C., which might belong to her and should also
retain all the unappropristed lands, for the pur-
pose of paying off the national debt, &C.


In accordance with these resolutions the Pres
dent of the United States has lately appointed an





all the public property belonging to the United
States, and specified and described in the resolu-
tons. including the custom houses and the reye-
nues derived from them.


Eat the time of the annexation, the public debt
of Texas amounted to the sum of ten millions of
dollars. That debt Texas agreed to pay; and by
the resolutions of annexation, the, government of
the United States was in no event to be burdened
with it. Previous to annexation, the revenue de-
rived from the customs Of Texas had been pledg-
ed to secure the payment of two millions of this
public debt. This was overlooked, at the time of
the annexation. Tho question then arises, how
il this sum to be paid, and by whom! The
United States have taken possession of the means
that were pledged for the payment of it, and by
that act deprived the government of Texas Of the
ability to pay. The bond holders certainly must
not suffer. The fact is, by the terms of the Joint
resolutions, the government of the United States
is not strictly or legally liable to paw this debt:
but that it is morally and equitably bound to do
SO, there can be no question. The United States
takes possession of the revenues and although
they were encumbercd, without the knowledge
of our government, those encumbrances should
be discharged when the revenues passed to the
United States.


There is another question which is deserving of
some consideration. The people of Texas,
it appears, desirous of selling their
public lands to the United States, for the
purpose of raising to discharge their
public debt. The United States, has no con-
troll now over those lands and if the treaty
which is on the point Of being concluded between
our government and the Camanchc Indians be car
red into operation, our government will be obllg-
edtopurchase portion at all events, of these pub
lie lands in order to fulfil their part of the contract
BY that treaty the United States allots the occu-
patton OF portion of the territory Of Texa. to the
Camanches, as hunting ground. This measure
cannot be taken without purchasing the territory
30 allotted.


The question then arises again, whether it
would not be advantageous to our government to
purchase the whole Of the public lands of Texas
at oncel The immense public domain of that
State is at present comparatively unproductive,
but in the hands of the United States, it would be
source Of immense wealth to the whole Union.
and moro of benefit to Texas than it is ut
present.


These questions arc highly important. We trust
they will receive the attention of the people and
Of Congress.


Steam Ship Great Britain.


we visited yesterday the monster steamship Great
Britain merely to ascertain the alterations and improve
ments which she has undergone her previous trip
to this country MIR Hedger the chief officer very po
tcly escorted through fh;s .t,c.rdo,. xo...I