The Quarterly of the Texas State Historical Association, Volume 14, July 1910 - April, 1911 Page: 5
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State Finances of Texas During the Civil War.
for cotton cards and medicines. The state did not receive the
supplies contracted for, as, according to White and Chiles, they
were destroyed in transit by disbanded troops.1 Nineteen bonds
and 80 coupons were turned over by Governor Murrah to an agent
to be disposed of for medicine and cotton cards. There is no evi-
dence of any such purchase, however, and the person to whom
they were alleged to have been given denied that he received them
of the agent." The remainder of the bonds to the number of 109
and 959 coupons were returned to the treasury upon the institution
of the Provisional Government.
The Old Board erected a state foundry in Austin for the manu-
facture of cannon, also a factory for the making of percussion caps.
The foundry cost, including expenses of operation, $172,725.12;
the cap factory, $100,292.29. The disappearance of the military
demand for the kind of cannon made at the foundry, and the
greater cost of public over private operation of the cap factory, re-
sulted in the abandonment by the New Board of the operation by
the State of these enterprises and in their lease to private parties.3
The boards and their successors returned to the treasury a total
of $1,006,279.30. There was returned for the most part in 1864
and in Confederate notes the sum of $513,958.28. In 1865, unused
United States bonds and coupons to the amount of $129,975.00 were
turned over to the Provisional Government, and during the period
from October 13, 1865, to August 13, 1866, $33,205.25 was re-
turned in specie, United States currency, 8 per cent state bonds,
and state treasury warrants. In 1876, a net amount of $298,-
825.22 was recovered by the state on account of United States
bonds and coupons of the par value of $357,175.00 entrusted by
the board in April, 1862, to 1IMr. J. W. Swisher for disposition and
which were committed by him to English and German bankers for
The penitentiary was not a source of expense to the general
treasury during this period, but was self-sustaining. The exp'n-
1Texas v. White, 7 Wallace, 706. See also report of Pease and Palm,
"Report of Pease and Palm, p. 4.
8MSS. Report of Military Board, March, 1865. 'File Case No. 55.
4The total of the returned amounts has been deducted from military
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Texas State Historical Association. The Quarterly of the Texas State Historical Association, Volume 14, July 1910 - April, 1911, periodical, 1911; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101054/m1/13/: accessed August 17, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.