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[Page 120]. 

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Richard Jones Esq., to W. S. Davidson, dated Sydney, 14th Jan. 1834:-
"As to Carleroy, I am sure I do not overrate it, when I say it is not excelled by any Estate in New South Wales, for either of situation or fertility of soil.  A great deal of it is naturally clear of Timber; and the remainder of it so Park-like, that the Timber is not thicker upon it than you would wish, for ornament and shade: added to this, it is exceedingly well watered, having the the Krui River for one boundary."

Richard Jones Esq. to W. S. Davidson.
"Sydney, 12th May, 1834.
"I observe from the Letter under notice, that your Nephew, Leslie, whom you before wrote to me about, is now ready to embark in the world, and to bend his course to this Colony.   With regard to his outfit, nothing more will be necessary than a reasonable supply of apparel for the voyage, and for some time after his arrival here, when I will do all in my power to forward him in Agricultural or Commercial pursuits: the former I would much prefer, as being less hazardous than the latter, and affording a safer prospect for a settlement and advancement in life. 
I now send you a statement of our Accounts for the past year, and have simplified them as much as possible, and you will, no doubt, be able at once to understand them.  You will see, subjoined, an account of Receipts for Sheep sold, and also a Return of our Flocks, which I am happy to say, still continue to do well; and I hope this year we will shall have a great increase to this muster as the Ewes will lamb in September next.  Our expenses do not increase in proportion as our Flocks increase; but the present year will be more expensive than last, as in the end of last year and the beginning of this, I removed the whole of the Sheep from Fleurs and the Hunter up to Goulburn, which is by far the finest country I have yet seen, and where, from late accounts, they are doing well: a portioned of them are now stationed on your property at Carleroy, and the remainder on my land in the neighbourhood."
"Our Wool now begins to tell up well, and I have little doubt our coming crop will net at least £2,000, and future years progress, I trust, greatly on this amount: the income over the expenditure will now be handsome - as indeed it ought to be."

Mr. Jones again, dated Sydney. 17th March, 1835.
"I can in the most conscientious way respond to the kind professions of friendship which you have expressed towards towards me in the Letter now under 

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