Unformatted text preview: when he was in office though. Mexico still did not recognize Texas as a nation so he tried to make them by showing of an army which made the debt soar. He also spent about 2.5 million dollars fighting with the Indians. Then on top of this he failed to borrow money from the U.S and other nations. To solve this he printed more money called “Redbacks” that had a value of 15 cents. Houston regained presidency in 1841. To reduce the debt, he cut most of the army and got rid of a lot of government positions. He tried to sell the navy but the public refused to let it go. Anson Jones was elected as the last president. On February 19, 1846 he handed over to the first governor, J. Pinckney Henderson, the government at the Texas capitol. Jones ended his speech with “The final act in this great drama is now preformed: the Republic of Texas is no more.”...
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- Spring '11
- Sam Houston, Austin, Texas, Republic of Texas, David G. Burnet