USA HISTORY

Detailed explanation-1: -Austin’s Colony was the first and largest Anglo-American settlement in Mexican Texas and was established by Stephen F. Austin in 1821. It was authorized by the Mexican government and allowed for the introduction of 300 families into Texas.

Detailed explanation-2: -The title Old 300 refers to the settlers who received land grants as part of Stephen F. Austin’s first colonial contract in Mexican Texas. These families had come from the Trans-Appalachian South and were virtually all of British ancestry, many of whom already had substantial means before their arrival.

Detailed explanation-3: -The economic panic of 1819 led his father, Moses Austin (1767–1821), to leave his lead-mining business in Missouri and embark upon a scheme of colonization in Texas.

Detailed explanation-4: -By 1824, Austin had 297 families and single men who had received land in his colony. These settlers were infamously known as THE OLD THREE HUNDRED.