The Southwestern Historical Quarterly, Volume 50, July 1946 - April, 1947 Page: 59
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The Annexation of Texas
"European power" was greatly interested in Texas and might
take action that would injure the interest of the United States.
John C. Calhoun said that he was ready then to vote not only
for recognition but for annexation.
A little later, in August, 1836, Texas was the subject of a
question in the House of Commons. A speaker of the opposition
wanted to know what the government was doing to safeguard
British interests in Texas, his meaning being that Mexico's
ability to pay British creditors would be lessened if Texas
became independent. Henry G. Ward, who had been the first
British minister to Mexico, asked: "Shall we let the United
States pursue a policy of aggrandisement and annex Texas,
thereby shutting us out of the Gulf and trade with Mexico?
Shall we let Texas be annexed and perpetuate slavery in the
United States?" Lord Palmerston replied for the government
that action was not then necessary, and the questions were
Influential newspapers in New Orleans, Washington, Phila-
delphia, and New York repeated charges that the Mexican
invasions during 1842 were financed by British loans. For
example, the Washington Globe, quoting the New Orleans Bee
in April, 1842, declared that British capitalists advanced money
to Santa Anna for the invasions, that the British government
guaranteed the loans, and that Santa Anna had given the gov-
ernment a mortgage on church property in Mexico for security.
Some papers thought the rumor ridiculous and asked why
England should want control of Texas. To this question a
writer in the Philadelphia Public Ledger replied that British
possessions already surrounded the United States, Canada in
the north, the Bermudas and Bahamas on the east, islands in
the Pacific and Oregon on the west, and now England wanted a
nearer approach to the United States in Texas. Later the
Ledger said that England had always taken everything she
could get and held what she took.
As the population of Texas increased, its trade came to be
appreciated by chambers of commerce in the East, and petitions
went to Congress urging members to bring about more advan-
tageous arrangements for American merchants. A petition
from merchants and traders of New York quoted statistics
from the New York Journal of Commerce in February, 1844,
showing, in spite of the rapid increase of population, the decline
of trade with Texas since it was recognized by European powers.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 50, July 1946 - April, 1947, periodical, 1947; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101117/m1/75/: accessed August 22, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.