The Southwestern Historical Quarterly, Volume 69, July 1965 - April, 1966 Page: 9
The following text was automatically extracted from the image on this page using optical character recognition software:
General Arthur G. Wavell: A Soldier of Fortune
It was in May, 1823, that Wavell made a definite offer, rather
than discussing grandiose possibilities. He reported that he had
received a proposal from one of the largest and richest firms in
London to furnish 20,000, on the terms conforming to the agree-
ment he and Austin had signed. According to the information
Wavell sent, the London firm would supply the money, sending
goods to the value of 1o,ooo as soon as the company was formed,
and the remainder whenever Austin wanted it. Wavell and Aus-
tin, and the financiers each would have half interest in the
While Wavell was busily engaged in his search for capital, Aus-
tin was so fully occupied in trying to get the government to
confirm his grant that he had little time to write Wavell, or even
to consider seriously the possibilities inherent in his partner's
schemes. He never discussed Wavell's proposal, but the company
could not have been formed on the basis contemplated by Wavell
because the grant did not invest Austin with a fee title of any
Austin was worried about the state of his colonists during his
protracted stay in Mexico, and as soon as he was sure that his
grant and contract were in order, he made his way back, stopping
at Monterrey to clear up some administrative details.30 Once
back in his colony, he was so busy with the many phases of his
work that he had little time for anything else. Wavell in all of
his letters indicated that he was interested in money, while Austin
never would have gone through sacrifices and lived in poverty
had he been avaricious. Austin's chief interest was in what he
eventually accomplished-the colonization of 'Texas. While it is
possible that he might have made his task easier by arranging
with Wavell to engage capital in England, he evidently preferred
to have the colony land completely unencumbered.
Wavell returned to Mexico without having made any arrange-
ments for the capital or forming the company mentioned in the
agreement. He excused himself on the ground that he had re-
ceived a letter from Austin describing other arrangements with
s"Wavell to Austin, May 22, 1823, ibid., 646-647.
"Barker, Stephen F. Austin, 292.
Here’s what’s next.
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Periodical.
Texas State Historical Association. The Southwestern Historical Quarterly, Volume 69, July 1965 - April, 1966, periodical, 1966; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth117144/m1/27/: accessed May 19, 2019), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.