Printed copies of these terms are among the Austin Papers. The following were the subscribers to the first loan: T. D. Carneal, L. Whiteman, Paul Anderson, and J. F. Irwin all of Cincinnati; J. N. Morrison of Mavsville, Kentucky; Robert Triplett of Yellow Banks, Kentucky; and George Hancock of Louisville, Kentucky; W. F. Gray of Fredericksburg, Virginia; J. S. Brander of Pittsburg, Virginia; and Alfred Penn of New Orleans. In the case of the second loan twelve subscribers were from New Orleans, three were from Virginia, and two were from Kentucky. It would be instructive to attempt to discover how much the interest felt for Texas in some sections of the United States was due to the influence of individuals who had invested heavily in Texas lands. Barker, “Land Speculation as a Cause of the Texas Revolution,” in The Quarterly, X. 95, says, “In 1836 the Texans contracted several loans on the public land, and there is material to warrant the belief that those who advanced the money were ready, if the revolution had continued long enough, to enlist volunteers for the cause.”
