Mr. Talbot’s proposition suits me very well, provided we also have a right to have a re-arrangement at the end of a year. This for two reasons: 1. We might not be satisfied that he was pushing the business sufficiently; 2. The publications of the Railway Age might seem to us to absorb too much of the business. of

No, I do not wish to see him. It would be no help. You can manage the thing yourself.

Yes, it will doubtless be well to finish with Sneider & then tackle Dan. In order to conquer force Sneider, though, you may find it necessary to hint to Dan that if S.’s case comes into court Dan will probably be proceeded against as a party to the swindle. Dan hopes to get out by simply dropping S. & leaving us to force him to terms.