Page:The History of Slavery and the Slave Trade.djvu/621

 binding and obligatory upon the United States, and upon the Baid state of Texas; provided, that said agreement by the said general assembly shall be given on or before the first day of December, eighteen hundred and fifty.

First. — The state of Texas will agree that her boundary on the north shall commence at the point at which the meridian of one hundred degrees west from Greenwich is intersected by the parallel of thirty-six degrees and thirty minutes north latitude, and shall run from said point due west to the meridian of one hundred and three degrees west from Greenwich; hence her boundary shall run due south to the thirty-second degree of north latitude; thence on the said parallel of thirty-two degrees of north latitude to the Rio Bravo del Norte; and thence with the channel of said river to the gulf of Mexico.

Second. — The state of Texas cedes to the United States all her claims to territories exterior to the limits and boundaries which she agrees to establish by the first article of this agreement.

Third. — The state of Texas relinquishes all claim upon the United States for liability for the debts of Texas, and for compensation or indemnity for the surrender to the United States of her ships, forts, arsenals, custom-houses, custom-house revenue, arms and munitions of war, and public buildings, with their sites, which became the property of the United States at the time of the annexation.

Fourth. — The United States, in consideration of said establishment of boundaries, cession of claims to territory, and relinquishment of claims, will pay to the state of Texas the sum of ten millions of dollars, in a stock bearing five per cent, interest, and redeemable at the end of fourteen years, the interest payable half-yearly at the treasury of the United States.

Fifth. — Immediately after the president of the United States shall have been furnished with an authentic copy of the act of the general assembly of Texas, accepting these propositions, he shall cause the stock to be issued in favor of the state of Texas, as provided for in the fourth article of this agreement.

Provided also, That no more than five millions of said stock shall be issued until the creditors of the state, holding bonds and other certificates of stock of Texas, for which duties on imports were specially pledged, shall first file, at the treasury of the United States, releases of all claims against the United States for or on account of said bonds or certificates, in such form as shall be prescribed by the secretary of the treasury, and approved by the president of the United States.

The second section of the "act for the organization of New Mexico," enacts that all that portion of the territory of the United States bounded as follows, to wit: beginning at a point on the Colorado river where the boundary line of the republic of Mexico crosses the same; thence eastwardly with the said boundary line to the Rio Grande; thence following the main channel of said river to the parallel of the thirty-second degree of north latitude; thence eastwardly with said degree to its intersection with the one hundred and third degree of longitude west from Greenwich; thence north with said degree of