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Why did Moses Austin want to colonize Texas?

Updated: 9/1/2023

Wiki User

∙ 9y ago

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Moses Austin wanted to colonize Texas because he had lost all his money in the Panic of 1819. He could not escape his debt in any conventional way so he wanted to establish his own colony as a source of income.

Wiki User

∙ 9y ago

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Wiki User

∙ 15y ago

Moses Austin originally came to Texas to reclaim his fortune that he lost in the depression. after many years of pesuading, he died, and Stephen F. Austin took over

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Wiki User

∙ 12y ago

He was allowed to bring 300,000 people to colonize, but Stephen Austin had to. Moses had died. He gave the people 400,000 acres of land.

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Wiki User

∙ 13y ago

He wanted to start a colony....I think.

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Wiki User

∙ 11y ago

why

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