He received John's letter by Father Seline. James has arranged that affair with Hood and Abbot and encloses no enclosure their note including 10 per cent interest. One of the parties in Higgens' note wishes to know whether John would be willing to extend the credit for a part any longer. It will be due in October. He will give a Mr. Payne as endorser. But it will be time enough on John's arrival to give an answer. John's stay when last here was so short that they had little satisfaction and his friends regret it. James is glad John has negotiated that amount for Owen Timon. If the other cannot contribute an equal share James does not see how they are to manage, for the engine alone will cost at least $2,000. He might perhaps get some in a mortgage on the land. He is not willing to make a sale now because: 1. the market is glutted;, 2. the Great National Railroad Bill has been passed and the railroad will either pass through, or very near it., James gave Owen $100 towards the land that he and Magginness bought. It would be well if Owen were here by August 1, as Nancy Timon? has made a sale of part of her ground, and on Owen's arrival they will strive to do more. On Wednesday there was a public sale of her ground; there was only one lot sold, amounting to nearly $700; one fourth payment was in cash; the rest in 6, 12, and 18 months. He has given her $50. Nothing more can be done until Owen's arrival. :: IV-3-j A.L.S. 2pp. 4to.