The Southwestern Historical Quarterly, Volume 20, July 1916 - April, 1917 Page: 70
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The Southwestern Historical Quarterly
ELLIOT TO ABERDEEN22
February 17th 1845
Herewith I have the honour to transmit to Your Lordship
the Copy of an Act entitled, "An Act to incorporate the Texas
Trading Mining and Emigrating Company,"23 passed on the 30th
January 1841. which has laid a dead letter in the Statute Book
till the last Session, during which I observe that an Act supplemen-
tary to it has been passed. I have not seen that Act but I believe
it is merely to authorize the opening of Books for the sale of
Stocks etc. etc. I think it right however to forward the funda-
mental Act without loss of time because I perceive that certain
parties forming part of the Body Corporate, are resident in Lon-
don (Messrs. Jonathan and Arthur Ikin). I learn from good
authority that General Duff Green has constituted himself Presi-
dent of the Board of Resident Directors, and I have reason to
think it is intended to raise money in London as well as the
United States in furtherance of the project.
Believing that nothing but loss and serious mischief can ac-
crue from such speculations under such management I take the
liberty to suggest to Your Lordship that it may be desirable to
cause some prudent and experienced persons in the City of Lon-
don to be confidentially advertised of the possibility of the at-
tempt to raise funds on these pretences, and of the very high
probability that the result will be a dead loss. Her Majesty's
Government too, will I am aware, be wishful to. do whatever
may be in their power to prevent the involvement of British
Subjects and Capital in that web of political and Commercial
speculation against Mexico which there is reason to think has
not wanted some countenance from persons in high stations in
the United States.
General Green does not appear to have carried any of his
devices through the Legislature during it's last Session owing to
circumstances known to Your Lordship; but in that disappoint-
ment this Act seems to have presented itself to his attention,
~aF. O., Texas, Vol. 13.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 20, July 1916 - April, 1917, periodical, 1917; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101070/m1/76/: accessed October 17, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.