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PostPosted: Sat Feb 10, 2007 6:05 pm 
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Full title: The fiscal history of Texas Embracing an account of its revenues, debts, and currency, from the commencement of the revolution in 1834 to 1851-52. With remarks on American debts
Author: William M. Gouge, 1796-1863
Published 1852
Publisher: Lippincott, Grambo, and Co.
376 pages
36.6 MB

IN 1833, the author of this work published A Short History of Paper-Money and Banking in the United States; the reception ofwhich by the public was far more favorable than he anticipated. He has been for some time collecting materials for a continuation of that history ; and a visit to the capital of Texas, in the early part of 1852, afforded him as good an opportunity as he could desire of making himself acquainted with whatever was most important in the currency concerns of that distant region. A rise in the waters of the rivers, which put an end to ordinary travelling, left him at leisure to extend his inquiries further than he originally intended. As he proceeded, he found the materials far more im
portant than he had supposed them to be, and the result is the volume now presented to the public. It embraces much that could not with propriety be introduced into a continuation of A History of Paper-Money and Banking in the United States; as most of the important events it records occurred before Texas became a member of the Union.

In the conduct of this work, the want of a good general history of Texas has been much felt that by Kennedy extending no further than to 1839-1840. The general historian ought to have prepared the way for the inquirer into the fiscal concerns of the Republic; but he has had to prepare the way for the general historian.

Other difficulties have been encountered through the loss, by fire, of part of the records of the Republic. But free access to all that remained was courteously granted by the Texan authorities, and whenever the record was deficient, they kindly supplied what was wanted by oral information. Especially are the thanks of the author due to P. Hansboro Bell, the Lt -Governor, James B. Shaw, Comptroller, John M. Swisher, Auditor, James H. Raymond, Treasurer; to W. D. Miller the former, and Thomas S. Duvall the present, Secretary of State; and also to Mr. Brewster, the editor of the Texas State Gazette, and Mr. De Cordova, the editor of the South-Western American.

The extracts, when of any length, are given in distinct type. This gives the volume all the advantages of a documentary history, and will enable the reader to distinguish at a glance what is said by the author from what is said by others. It will also afford those who have not leisure or inclination to read the whole work, facilities in selecting the passages in which they may be most interested.

If the book is not as amusing as the last new novel, the writer cannot help it. He has done the best he could, in the short time allowed him, with the dry and stubborn materials he had to handle. He comforts himself with the hope that, as he does not write for boarding-school misses, such dryness as necessarily arises from the nature of the subject will be pardoned. Some of the details may be interesting to few but citizens of Texas, and creditors of Texas; but the principles involved are highly important, not only to those whose political position requires them to study finance as a science, but to all who are in any way interested in the preservation of the public faith when pledged for the payment of public debts.

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