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represented as great. Napoleon asked the Doctor if those resources could soon be rendered available! The latter? answered that by drawing there among anglo saxon? ? emigrants from any and every quarter a reserve of millions might be had in a short time! - The Dr. was asked [lined out - if he would] to undertake the enterprise, which he consented to do and was now carrying it on -

[lined out] You have, perhaps, seen it stated that the northern Mexican states have been secretly transferred to the french as an endemnity for the expenses of the conquest - to be held, either till those expenses have been refunded! or - and it comes about to the same thing - to be permantly assigned them as their portion of the spoils!

I think [lined out - It seems to me] if the french wanted only a superintending? mining engineer, or administrator, of finances, they would have sent a frenchman, for their conceit of themselves as miners and administrative agents is great - and if they wanted a mere director of Anglo American emigration, and wanted an American they would have been apt to choose one [lined out - an American] from that section of the country[lined out - having the greatest and population and] known to have [lined out - all the] the greatest enterprise! and largest population! [lined out - I am] It therefore seems to me [lined out - of the french] that it is precisely because of Dr. Gwin's known