List and explain the Spanish government’s reasons for approving Moses Austin’s plan for a settlement in Texas.
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Answer:
Hoping to recover from bankruptcy with a bold scheme of colonization, Moses Austin meets with Spanish authorities in San Antonio to ask permission for 300 Anglo-American families to settle in Texas.
A native of Durham, Connecticut, Austin had been a successful merchant in Philadelphia and Virginia. After hearing reports of rich lead mines in the Spanish-controlled regions to the west, Austin obtained permission in 1798 from the Spanish to mine land in an area that lies in what is now the state of Missouri. Austin quickly built a lead mine, smelter, and town on his property, and his mine turned a steady profit for more than a decade. Unfortunately, the economic collapse following the War of 1812 destroyed the lead market and left him bankrupt.