9.

As regards, the matter of the Bonds, and the real

stipulations between the holders of the New

Stock and this Government, I beg leave to refer

you to my two Respects, of 1^st and 8^th instant, both

covering the contract, Law of Congress, and

the instructions of this Government, which when

you have them translated, together with my

Explanatory remarks will be, no doubt be [sic]

well understood by yourself & Judge Burnet.

In relation to M^r Pakenham, I confirm

all I have before said in favour of his good

offices and valuable Services. He continues

to desire to do all in his power to aid me,

in my plans, and to urge upon the Govm^t

the necessity of adopting some course

in regard to this business[.] He admits that

of right, the Bondholders would have no

claim to the indemnity which might

be paid to Mexico for the independence of

Texas, but at the same time would be most

happy if he could obtain this amount

for them, in case any arrangement is

entered into, as contemplated by Texas.

This alone, would stimulate him, together

with the credit he would acquire, as mediator

or interventor, in the negotiation. But

independent of these considerations, he

really seems devoted to bring about

some favourable result, to my mission.